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
$968
2023
$1,150
Total change
+$182
% change
+18.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $968 | — |
| 2019 | $1,002 | +$34 (3.5%) |
| 2020 | $1,026 | +$24 (2.4%) |
| 2021 | $1,007 | $19 (-1.9%) |
| 2022 | $1,060 | +$53 (5.3%) |
| 2023 | $1,150 | +$90 (8.5%) |