Wells city: Median Gross Rent Trend
How Wells 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
$698
2023
$977
Total change
+$279
% change
+40%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $698 | — |
| 2019 | $757 | +$59 (8.5%) |
| 2020 | $696 | $61 (-8.1%) |
| 2021 | $972 | +$276 (39.7%) |
| 2022 | $965 | $7 (-0.7%) |
| 2023 | $977 | +$12 (1.2%) |