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Farmington city: Median Gross Rent Trend

How Farmington 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
$728
2023
$877
Total change
+$149
% change
+20.5%
Year Median Gross Rent Change
2017 $728
2019 $843 +$115 (15.8%)
2020 $826 $17 (-2%)
2021 $779 $47 (-5.7%)
2022 $917 +$138 (17.7%)
2023 $877 $40 (-4.4%)

Other Farmington city Trends