Norfolk city: Median Gross Rent Trend
How Norfolk 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
$1,003
2023
$1,246
Total change
+$243
% change
+24.2%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,003 | — |
| 2019 | $1,059 | +$56 (5.6%) |
| 2020 | $1,077 | +$18 (1.7%) |
| 2021 | $1,114 | +$37 (3.4%) |
| 2022 | $1,188 | +$74 (6.6%) |
| 2023 | $1,246 | +$58 (4.9%) |