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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
$839
2023
$993
Total change
+$154
% change
+18.4%
Year Median Gross Rent Change
2017 $839
2019 $868 +$29 (3.5%)
2020 $892 +$24 (2.8%)
2021 $921 +$29 (3.3%)
2022 $980 +$59 (6.4%)
2023 $993 +$13 (1.3%)

Other Farmington city Trends