Shelby County: Median Gross Rent Trend
How Shelby 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
$975
2023
$1,348
Total change
+$373
% change
+38.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $975 | — |
| 2019 | $1,047 | +$72 (7.4%) |
| 2020 | — | — |
| 2021 | $1,142 | — |
| 2022 | $1,272 | +$130 (11.4%) |
| 2023 | $1,348 | +$76 (6%) |