Somerville city: Median Gross Rent Trend
How Somerville 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
$688
2023
$748
Total change
+$60
% change
+8.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $688 | — |
| 2019 | $718 | +$30 (4.4%) |
| 2020 | $704 | $14 (-1.9%) |
| 2021 | $731 | +$27 (3.8%) |
| 2022 | $816 | +$85 (11.6%) |
| 2023 | $748 | $68 (-8.3%) |