Raleigh town: Median Gross Rent Trend
How Raleigh town'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
$298
2023
$475
Total change
+$177
% change
+59.4%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $298 | — |
| 2019 | $421 | +$123 (41.3%) |
| 2020 | $438 | +$17 (4%) |
| 2021 | $403 | $35 (-8%) |
| 2022 | $470 | +$67 (16.6%) |
| 2023 | $475 | +$5 (1.1%) |