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
$1,170
2023
$1,577
Total change
+$407
% change
+34.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,170 | — |
| 2019 | $1,318 | +$148 (12.6%) |
| 2020 | — | — |
| 2021 | $1,420 | — |
| 2022 | $1,595 | +$175 (12.3%) |
| 2023 | $1,577 | $18 (-1.1%) |