Chart16_HVSHighLow

A line graph labeled “Number of High- and Low-Cost Rentals, 1991-2021 Inflation-Adjusted (2021 Dollars).” The vertical axis shows numbers 0 to 2,000,000 in increments of 500,000. The horizontal axis shows each year the New York City Housing and Vacancy Survey findings were published between 1991 and 2021. A gray line indicates the number of low-cost rental units available under $1,500 per month, and a dark red line shows the number of high-cost rental units renting for more than $2,300 per month. The number of low-cost units shows a decrease over time, with a value of 990,800 by 2021, and the number of high-cost units shows a steady increase, reaching 519,900 in 2021.