Phoenix city: Median Gross Rent Trend
How Phoenix 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
$954
2023
$1,458
Total change
+$504
% change
+52.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $954 | — |
| 2019 | $1,053 | +$99 (10.4%) |
| 2020 | $1,100 | +$47 (4.5%) |
| 2021 | $1,175 | +$75 (6.8%) |
| 2022 | $1,322 | +$147 (12.5%) |
| 2023 | $1,458 | +$136 (10.3%) |