Philadelphia city: Median Gross Rent Trend
How Philadelphia city'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
$710
2023
$760
Total change
+$50
% change
+7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $710 | — |
| 2019 | $755 | +$45 (6.3%) |
| 2020 | $753 | $2 (-0.3%) |
| 2021 | $757 | +$4 (0.5%) |
| 2022 | $771 | +$14 (1.8%) |
| 2023 | $760 | $11 (-1.4%) |