Summit city: Median Gross Rent Trend
How Summit 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
$1,743
2023
$2,308
Total change
+$565
% change
+32.4%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,743 | — |
| 2019 | $1,880 | +$137 (7.9%) |
| 2020 | $1,962 | +$82 (4.4%) |
| 2021 | $2,033 | +$71 (3.6%) |
| 2022 | $2,222 | +$189 (9.3%) |
| 2023 | $2,308 | +$86 (3.9%) |