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
$587
2023
$731
Total change
+$144
% change
+24.5%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $587 | — |
| 2019 | $599 | +$12 (2%) |
| 2020 | $617 | +$18 (3%) |
| 2021 | $635 | +$18 (2.9%) |
| 2022 | $692 | +$57 (9%) |
| 2023 | $731 | +$39 (5.6%) |