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Florence city: Median Gross Rent Trend

How Florence 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
$797
2023
$1,172
Total change
+$375
% change
+47.1%
Year Median Gross Rent Change
2017 $797
2019 $885 +$88 (11%)
2020 $951 +$66 (7.5%)
2021 $1,028 +$77 (8.1%)
2022 $1,150 +$122 (11.9%)
2023 $1,172 +$22 (1.9%)

Other Florence city Trends