Melbourne city: Median Gross Rent Trend
How Melbourne 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
$917
2023
$1,411
Total change
+$494
% change
+53.9%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $917 | — |
| 2019 | $1,030 | +$113 (12.3%) |
| 2020 | $1,087 | +$57 (5.5%) |
| 2021 | $1,159 | +$72 (6.6%) |
| 2022 | $1,303 | +$144 (12.4%) |
| 2023 | $1,411 | +$108 (8.3%) |