Chapel Hill town: Median Gross Rent Trend
How Chapel Hill town'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
$1,130
2023
$1,483
Total change
+$353
% change
+31.2%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,130 | — |
| 2019 | $1,191 | +$61 (5.4%) |
| 2020 | $1,221 | +$30 (2.5%) |
| 2021 | $1,294 | +$73 (6%) |
| 2022 | $1,419 | +$125 (9.7%) |
| 2023 | $1,483 | +$64 (4.5%) |