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
$996
2023
$1,325
Total change
+$329
% change
+33%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $996 | — |
| 2019 | $1,066 | +$70 (7%) |
| 2020 | $1,095 | +$29 (2.7%) |
| 2021 | $1,132 | +$37 (3.4%) |
| 2022 | $1,262 | +$130 (11.5%) |
| 2023 | $1,325 | +$63 (5%) |