Palo Alto County: Median Gross Rent Trend
How Palo Alto 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
$1,216
2023
$1,679
Total change
+$463
% change
+38.1%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,216 | — |
| 2019 | $1,328 | +$112 (9.2%) |
| 2020 | — | — |
| 2021 | $1,385 | — |
| 2022 | $1,608 | +$223 (16.1%) |
| 2023 | $1,679 | +$71 (4.4%) |