Prospect Park borough: Median Gross Rent Trend
How Prospect Park borough'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
$1,353
2023
$1,794
Total change
+$441
% change
+32.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,353 | — |
| 2019 | $1,439 | +$86 (6.4%) |
| 2020 | $1,417 | $22 (-1.5%) |
| 2021 | $1,474 | +$57 (4%) |
| 2022 | $1,758 | +$284 (19.3%) |
| 2023 | $1,794 | +$36 (2%) |