Faribault city: Median Gross Rent Trend
How Faribault 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
$778
2023
$1,041
Total change
+$263
% change
+33.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $778 | — |
| 2019 | $822 | +$44 (5.7%) |
| 2020 | $914 | +$92 (11.2%) |
| 2021 | $973 | +$59 (6.5%) |
| 2022 | $1,044 | +$71 (7.3%) |
| 2023 | $1,041 | $3 (-0.3%) |