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Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area: Median Gross Rent Trend

How Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area'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
$1,075
2023
$1,413
Total change
+$338
% change
+31.4%
Year Median Gross Rent Change
2017 $1,075
2019 $1,143 +$68 (6.3%)
2020 $1,172 +$29 (2.5%)
2021 $1,230 +$58 (4.9%)
2022 $1,347 +$117 (9.5%)
2023 $1,413 +$66 (4.9%)

Other Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area Trends