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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
$970
2023
$1,323
Total change
+$353
% change
+36.4%
Year Median Gross Rent Change
2017 $970
2019 $1,042 +$72 (7.4%)
2020 $1,084 +$42 (4%)
2021 $1,149 +$65 (6%)
2022 $1,250 +$101 (8.8%)
2023 $1,323 +$73 (5.8%)

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