Lower Merion School District: Median Gross Rent Trend
How Lower Merion School District'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
$850
2023
$1,866
Total change
+$1,016
% change
+119.5%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $850 | — |
| 2019 | $1,520 | +$670 (78.8%) |
| 2020 | $851 | $669 (-44%) |
| 2021 | $1,651 | +$800 (94%) |
| 2022 | $1,785 | +$134 (8.1%) |
| 2023 | $1,866 | +$81 (4.5%) |