Severn CDP: Median Gross Rent Trend
How Severn 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
$1,607
2023
$2,082
Total change
+$475
% change
+29.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,607 | — |
| 2019 | $1,712 | +$105 (6.5%) |
| 2020 | $1,739 | +$27 (1.6%) |
| 2021 | $1,830 | +$91 (5.2%) |
| 2022 | $2,033 | +$203 (11.1%) |
| 2023 | $2,082 | +$49 (2.4%) |