Richmond, IN Micro Area: Median Gross Rent Trend
How Richmond, IN 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
$665
2023
$813
Total change
+$148
% change
+22.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $665 | — |
| 2019 | $688 | +$23 (3.5%) |
| 2020 | $704 | +$16 (2.3%) |
| 2021 | $751 | +$47 (6.7%) |
| 2022 | $793 | +$42 (5.6%) |
| 2023 | $813 | +$20 (2.5%) |