Park Rapids city: Median Gross Rent Trend
How Park Rapids 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
$497
2023
$912
Total change
+$415
% change
+83.5%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $497 | — |
| 2019 | $572 | +$75 (15.1%) |
| 2020 | $559 | $13 (-2.3%) |
| 2021 | $747 | +$188 (33.6%) |
| 2022 | $691 | $56 (-7.5%) |
| 2023 | $912 | +$221 (32%) |