Morristown, TN Metro Area: Median Gross Rent Trend
How Morristown, TN 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
$682
2023
$853
Total change
+$171
% change
+25.1%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $682 | — |
| 2019 | $706 | +$24 (3.5%) |
| 2020 | $715 | +$9 (1.3%) |
| 2021 | $741 | +$26 (3.6%) |
| 2022 | $803 | +$62 (8.4%) |
| 2023 | $853 | +$50 (6.2%) |