Hockessin CDP: Median Gross Rent Trend
How Hockessin CDP'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
$1,840
2023
$2,980
Total change
+$1,140
% change
+62%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,840 | — |
| 2019 | $1,785 | $55 (-3%) |
| 2020 | $1,924 | +$139 (7.8%) |
| 2021 | $2,212 | +$288 (15%) |
| 2022 | $3,501 | +$1,289 (58.3%) |
| 2023 | $2,980 | $521 (-14.9%) |