Palm Bay city: Median Gross Rent Trend
How Palm Bay 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
$991
2023
$1,487
Total change
+$496
% change
+50.1%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $991 | — |
| 2019 | $1,059 | +$68 (6.9%) |
| 2020 | $1,101 | +$42 (4%) |
| 2021 | $1,220 | +$119 (10.8%) |
| 2022 | $1,345 | +$125 (10.2%) |
| 2023 | $1,487 | +$142 (10.6%) |