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12020: Median Gross Rent Trend

How 12020'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
$1,071
2023
$1,562
Total change
+$491
% change
+45.8%
Year Median Gross Rent Change
2017 $1,071
2019 $1,203 +$132 (12.3%)
2020 $869 $334 (-27.8%)
2021 $1,394 +$525 (60.4%)
2022 $1,490 +$96 (6.9%)
2023 $1,562 +$72 (4.8%)

Other 12020 Trends