Wake County: Median Gross Rent Trend
How Wake 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
$640
2023
$885
Total change
+$245
% change
+38.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $640 | — |
| 2019 | $643 | +$3 (0.5%) |
| 2020 | — | — |
| 2021 | $795 | — |
| 2022 | $867 | +$72 (9.1%) |
| 2023 | $885 | +$18 (2.1%) |