Norristown borough: Median Gross Rent Trend
How Norristown 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
$1,038
2023
$1,337
Total change
+$299
% change
+28.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,038 | — |
| 2019 | $1,083 | +$45 (4.3%) |
| 2020 | $1,106 | +$23 (2.1%) |
| 2021 | $1,131 | +$25 (2.3%) |
| 2022 | $1,264 | +$133 (11.8%) |
| 2023 | $1,337 | +$73 (5.8%) |