Tempe city: Median Gross Rent Trend
How Tempe 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
$1,056
2023
$1,623
Total change
+$567
% change
+53.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,056 | — |
| 2019 | $1,164 | +$108 (10.2%) |
| 2020 | $1,230 | +$66 (5.7%) |
| 2021 | $1,345 | +$115 (9.3%) |
| 2022 | $1,472 | +$127 (9.4%) |
| 2023 | $1,623 | +$151 (10.3%) |