Charlotte city: Median Gross Rent Trend
How Charlotte 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
$1,018
2023
$1,504
Total change
+$486
% change
+47.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,018 | — |
| 2019 | $1,135 | +$117 (11.5%) |
| 2020 | $1,185 | +$50 (4.4%) |
| 2021 | $1,260 | +$75 (6.3%) |
| 2022 | $1,399 | +$139 (11%) |
| 2023 | $1,504 | +$105 (7.5%) |