Chicago-Naperville-Elgin, IL-IN Metro Area: Median Gross Rent Trend
How Chicago-Naperville-Elgin, IL-IN 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
$1,048
2023
$1,378
Total change
+$330
% change
+31.5%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,048 | — |
| 2019 | $1,122 | +$74 (7.1%) |
| 2020 | $1,155 | +$33 (2.9%) |
| 2021 | $1,209 | +$54 (4.7%) |
| 2022 | $1,310 | +$101 (8.4%) |
| 2023 | $1,378 | +$68 (5.2%) |