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
$750
2023
$1,018
Total change
+$268
% change
+35.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $750 | — |
| 2019 | $833 | +$83 (11.1%) |
| 2020 | — | — |
| 2021 | $941 | — |
| 2022 | $895 | $46 (-4.9%) |
| 2023 | $1,018 | +$123 (13.7%) |