Albemarle city: Median Gross Rent Trend
How Albemarle 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
$642
2023
$856
Total change
+$214
% change
+33.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $642 | — |
| 2019 | $682 | +$40 (6.2%) |
| 2020 | $778 | +$96 (14.1%) |
| 2021 | $788 | +$10 (1.3%) |
| 2022 | $863 | +$75 (9.5%) |
| 2023 | $856 | $7 (-0.8%) |