Franklin borough: Median Gross Rent Trend
How Franklin borough'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
$1,115
2023
$1,340
Total change
+$225
% change
+20.2%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,115 | — |
| 2019 | $1,064 | $51 (-4.6%) |
| 2020 | $1,105 | +$41 (3.9%) |
| 2021 | $1,096 | $9 (-0.8%) |
| 2022 | $1,129 | +$33 (3%) |
| 2023 | $1,340 | +$211 (18.7%) |