Elon town: Median Gross Rent Trend
How Elon 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
$1,166
2023
$1,584
Total change
+$418
% change
+35.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,166 | — |
| 2019 | $1,287 | +$121 (10.4%) |
| 2020 | $1,354 | +$67 (5.2%) |
| 2021 | $1,458 | +$104 (7.7%) |
| 2022 | $1,496 | +$38 (2.6%) |
| 2023 | $1,584 | +$88 (5.9%) |