Fairmont, MN Micro Area: Median Gross Rent Trend
How Fairmont, MN 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
$593
2023
$735
Total change
+$142
% change
+23.9%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $593 | — |
| 2019 | $620 | +$27 (4.6%) |
| 2020 | $636 | +$16 (2.6%) |
| 2021 | $704 | +$68 (10.7%) |
| 2022 | $767 | +$63 (8.9%) |
| 2023 | $735 | $32 (-4.2%) |