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
$894
2023
$1,170
Total change
+$276
% change
+30.9%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $894 | — |
| 2019 | $942 | +$48 (5.4%) |
| 2020 | — | — |
| 2021 | $1,014 | — |
| 2022 | $1,103 | +$89 (8.8%) |
| 2023 | $1,170 | +$67 (6.1%) |