Banks Springs CDP: Median Gross Rent Trend
How Banks Springs CDP'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
$553
2023
$340
Total change
$213
% change
-38.5%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $553 | — |
| 2019 | $441 | $112 (-20.3%) |
| 2020 | $609 | +$168 (38.1%) |
| 2021 | $620 | +$11 (1.8%) |
| 2022 | $380 | $240 (-38.7%) |
| 2023 | $340 | $40 (-10.5%) |