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
$706
2023
$904
Total change
+$198
% change
+28%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $706 | — |
| 2019 | $733 | +$27 (3.8%) |
| 2020 | — | — |
| 2021 | $787 | — |
| 2022 | $865 | +$78 (9.9%) |
| 2023 | $904 | +$39 (4.5%) |