Lake Wales city: Median Gross Rent Trend
How Lake Wales 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
$775
2023
$1,060
Total change
+$285
% change
+36.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $775 | — |
| 2019 | $821 | +$46 (5.9%) |
| 2020 | $883 | +$62 (7.6%) |
| 2021 | $930 | +$47 (5.3%) |
| 2022 | $1,000 | +$70 (7.5%) |
| 2023 | $1,060 | +$60 (6%) |