Morgan Hill city: Median Gross Rent Trend
How Morgan Hill 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
$1,699
2023
$2,275
Total change
+$576
% change
+33.9%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,699 | — |
| 2019 | $1,763 | +$64 (3.8%) |
| 2020 | $1,836 | +$73 (4.1%) |
| 2021 | $2,005 | +$169 (9.2%) |
| 2022 | $2,249 | +$244 (12.2%) |
| 2023 | $2,275 | +$26 (1.2%) |