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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
$813
2023
$976
Total change
+$163
% change
+20%
Year Median Gross Rent Change
2017 $813
2019 $788 $25 (-3.1%)
2020 $797 +$9 (1.1%)
2021 $860 +$63 (7.9%)
2022 $899 +$39 (4.5%)
2023 $976 +$77 (8.6%)

Other Franklin city Trends