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Manhattan village: Median Gross Rent Trend

How Manhattan village'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
$1,315
2023
$1,220
Total change
$95
% change
-7.2%
Year Median Gross Rent Change
2017 $1,315
2019 $1,321 +$6 (0.5%)
2020 $1,051 $270 (-20.4%)
2021 $979 $72 (-6.9%)
2022 $982 +$3 (0.3%)
2023 $1,220 +$238 (24.2%)

Other Manhattan village Trends