Albany city: Median Gross Rent Trend
How Albany city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$924
2023
$1,178
Total change
+$254
% change
+27.5%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $924 | — |
| 2019 | $969 | +$45 (4.9%) |
| 2020 | $992 | +$23 (2.4%) |
| 2021 | $1,061 | +$69 (7%) |
| 2022 | $1,130 | +$69 (6.5%) |
| 2023 | $1,178 | +$48 (4.2%) |