Summit village: Median Gross Rent Trend
How Summit village'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
$868
2023
$1,012
Total change
+$144
% change
+16.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $868 | — |
| 2019 | $874 | +$6 (0.7%) |
| 2020 | $889 | +$15 (1.7%) |
| 2021 | $919 | +$30 (3.4%) |
| 2022 | $1,015 | +$96 (10.4%) |
| 2023 | $1,012 | $3 (-0.3%) |