St. Michaels town: Median Gross Rent Trend
How St. Michaels 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
$878
2023
$946
Total change
+$68
% change
+7.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $878 | — |
| 2019 | $902 | +$24 (2.7%) |
| 2020 | $942 | +$40 (4.4%) |
| 2021 | $958 | +$16 (1.7%) |
| 2022 | $1,052 | +$94 (9.8%) |
| 2023 | $946 | $106 (-10.1%) |