Ann Arbor, MI Metro Area: Median Gross Rent Trend
How Ann Arbor, MI Metro 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
$1,025
2023
$1,400
Total change
+$375
% change
+36.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,025 | — |
| 2019 | $1,114 | +$89 (8.7%) |
| 2020 | $1,161 | +$47 (4.2%) |
| 2021 | $1,218 | +$57 (4.9%) |
| 2022 | $1,335 | +$117 (9.6%) |
| 2023 | $1,400 | +$65 (4.9%) |