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New Hanover County: Median Gross Rent Trend

How New Hanover 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
$1,017
2023
$1,597
Total change
+$580
% change
+57%
Year Median Gross Rent Change
2017 $1,017
2019 $1,127 +$110 (10.8%)
2020
2021 $1,281
2022 $1,435 +$154 (12%)
2023 $1,597 +$162 (11.3%)

Other New Hanover County Trends