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Pace CDP: Median Gross Rent Trend

How Pace CDP'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
$977
2023
$1,195
Total change
+$218
% change
+22.3%
Year Median Gross Rent Change
2017 $977
2019 $1,092 +$115 (11.8%)
2020 $1,066 $26 (-2.4%)
2021 $1,170 +$104 (9.8%)
2022 $1,190 +$20 (1.7%)
2023 $1,195 +$5 (0.4%)

Other Pace CDP Trends