Florence, SC Metro Area: Median Gross Rent Trend
How Florence, SC 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
$699
2023
$898
Total change
+$199
% change
+28.5%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $699 | — |
| 2019 | $745 | +$46 (6.6%) |
| 2020 | $754 | +$9 (1.2%) |
| 2021 | $793 | +$39 (5.2%) |
| 2022 | $848 | +$55 (6.9%) |
| 2023 | $898 | +$50 (5.9%) |