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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
$794
2023
$1,100
Total change
+$306
% change
+38.5%
Year Median Gross Rent Change
2017 $794
2019 $866 +$72 (9.1%)
2020
2021 $930
2022 $1,026 +$96 (10.3%)
2023 $1,100 +$74 (7.2%)

Other Shelby County Trends