Rochester, MN Metro Area: Median Gross Rent Trend
How Rochester, MN 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
$835
2023
$1,195
Total change
+$360
% change
+43.1%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $835 | — |
| 2019 | $908 | +$73 (8.7%) |
| 2020 | $952 | +$44 (4.8%) |
| 2021 | $1,013 | +$61 (6.4%) |
| 2022 | $1,115 | +$102 (10.1%) |
| 2023 | $1,195 | +$80 (7.2%) |