Wake Forest town: Median Gross Rent Trend
How Wake Forest 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
$1,037
2023
$1,458
Total change
+$421
% change
+40.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,037 | — |
| 2019 | $1,117 | +$80 (7.7%) |
| 2020 | $1,190 | +$73 (6.5%) |
| 2021 | $1,277 | +$87 (7.3%) |
| 2022 | $1,354 | +$77 (6%) |
| 2023 | $1,458 | +$104 (7.7%) |