Montgomery borough: Median Gross Rent Trend
How Montgomery borough'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
$779
2023
$894
Total change
+$115
% change
+14.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $779 | — |
| 2019 | $773 | $6 (-0.8%) |
| 2020 | $748 | $25 (-3.2%) |
| 2021 | $817 | +$69 (9.2%) |
| 2022 | $870 | +$53 (6.5%) |
| 2023 | $894 | +$24 (2.8%) |