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
$553
2023
$762
Total change
+$209
% change
+37.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $553 | — |
| 2019 | $653 | +$100 (18.1%) |
| 2020 | — | — |
| 2021 | $695 | — |
| 2022 | $768 | +$73 (10.5%) |
| 2023 | $762 | $6 (-0.8%) |