Manhattan city: Median Gross Rent Trend
How Manhattan 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
$898
2023
$1,019
Total change
+$121
% change
+13.5%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $898 | — |
| 2019 | $910 | +$12 (1.3%) |
| 2020 | $911 | +$1 (0.1%) |
| 2021 | $932 | +$21 (2.3%) |
| 2022 | $977 | +$45 (4.8%) |
| 2023 | $1,019 | +$42 (4.3%) |