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Franklin city: Median Gross Rent Trend

How Franklin 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
$829
2023
$1,088
Total change
+$259
% change
+31.2%
Year Median Gross Rent Change
2017 $829
2019 $847 +$18 (2.2%)
2020 $889 +$42 (5%)
2021 $948 +$59 (6.6%)
2022 $1,037 +$89 (9.4%)
2023 $1,088 +$51 (4.9%)

Other Franklin city Trends