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Manhattan town: Median Gross Rent Trend

How Manhattan town'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
$962
2023
$1,700
Total change
+$738
% change
+76.7%
Year Median Gross Rent Change
2017 $962
2019 $1,394 +$432 (44.9%)
2020 $1,347 $47 (-3.4%)
2021 $1,311 $36 (-2.7%)
2022 $1,689 +$378 (28.8%)
2023 $1,700 +$11 (0.7%)

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