Minneapolis city: Median Gross Rent Trend
How Minneapolis 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
$588
2023
$592
Total change
+$4
% change
+0.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $588 | — |
| 2019 | $612 | +$24 (4.1%) |
| 2020 | $613 | +$1 (0.2%) |
| 2021 | $600 | $13 (-2.1%) |
| 2022 | $629 | +$29 (4.8%) |
| 2023 | $592 | $37 (-5.9%) |