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Albemarle, NC Micro Area: Median Gross Rent Trend

How Albemarle, NC Micro Area'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
$681
2023
$830
Total change
+$149
% change
+21.9%
Year Median Gross Rent Change
2017 $681
2019 $708 +$27 (4%)
2020 $753 +$45 (6.4%)
2021 $764 +$11 (1.5%)
2022 $816 +$52 (6.8%)
2023 $830 +$14 (1.7%)

Other Albemarle, NC Micro Area Trends