(DNAINFO)  Emily Frost — The neighborhood surrounding Columbia University is getting pricier each year — with rents jumping nearly 80 percent over the past five years, according to a recent analysis by StreetEasy.

Monthly rents in Morningside Heights have been on a steady upward trajectory, increasing 78.6 percent over that span and keeping pace with average rents across the borough, StreetEasy’s latest report said.

The median asking rent for an apartment of any size in the neighborhood was $2,976 in 2015, only 3 percent lower than the median asking price in Manhattan.

Source: Morningside Heights Rents Skyrocketed Over Past 5 Years, Report Says – Morningside Heights – DNAinfo.com New York