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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
$1,095
2023
$1,275
Total change
+$180
% change
+16.4%
Year Median Gross Rent Change
2017 $1,095
2019 $1,052 $43 (-3.9%)
2020 $1,280 +$228 (21.7%)
2021 $1,205 $75 (-5.9%)
2022 $1,214 +$9 (0.7%)
2023 $1,275 +$61 (5%)

Other Farmington city Trends