Raleigh city: Median Gross Rent Trend
How Raleigh 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
$1,010
2023
$1,468
Total change
+$458
% change
+45.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,010 | — |
| 2019 | $1,121 | +$111 (11%) |
| 2020 | $1,175 | +$54 (4.8%) |
| 2021 | $1,237 | +$62 (5.3%) |
| 2022 | $1,371 | +$134 (10.8%) |
| 2023 | $1,468 | +$97 (7.1%) |