Carmel city: Median Gross Rent Trend
How Carmel 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
$1,150
2023
$1,607
Total change
+$457
% change
+39.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,150 | — |
| 2019 | $1,207 | +$57 (5%) |
| 2020 | $1,247 | +$40 (3.3%) |
| 2021 | $1,348 | +$101 (8.1%) |
| 2022 | $1,499 | +$151 (11.2%) |
| 2023 | $1,607 | +$108 (7.2%) |