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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
$717
2023
$856
Total change
+$139
% change
+19.4%
Year Median Gross Rent Change
2017 $717
2019 $700 $17 (-2.4%)
2020 $691 $9 (-1.3%)
2021 $747 +$56 (8.1%)
2022 $789 +$42 (5.6%)
2023 $856 +$67 (8.5%)

Other Farmington city Trends