Rockford, IL Metro Area: Median Gross Rent Trend
How Rockford, IL 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
$762
2023
$988
Total change
+$226
% change
+29.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $762 | — |
| 2019 | $803 | +$41 (5.4%) |
| 2020 | $826 | +$23 (2.9%) |
| 2021 | $872 | +$46 (5.6%) |
| 2022 | $941 | +$69 (7.9%) |
| 2023 | $988 | +$47 (5%) |