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Montgomery County: Median Gross Rent Trend

How Montgomery County'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
$265
2023
$247
Total change
$18
% change
-6.8%
Year Median Gross Rent Change
2017 $265
2019 $244 $21 (-7.9%)
2020
2021 $211
2022 $273 +$62 (29.4%)
2023 $247 $26 (-9.5%)

Other Montgomery County Trends