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Durham-Chapel Hill, NC Metro Area: Median Gross Rent Trend

How Durham-Chapel Hill, NC 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
$953
2023
$1,374
Total change
+$421
% change
+44.2%
Year Median Gross Rent Change
2017 $953
2019 $1,033 +$80 (8.4%)
2020 $1,068 +$35 (3.4%)
2021 $1,127 +$59 (5.5%)
2022 $1,249 +$122 (10.8%)
2023 $1,374 +$125 (10%)

Other Durham-Chapel Hill, NC Metro Area Trends