San Jose-Sunnyvale-Santa Clara, CA Metro Area: Median Gross Rent Trend
How San Jose-Sunnyvale-Santa Clara, CA 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
$1,940
2023
$2,794
Total change
+$854
% change
+44%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,940 | — |
| 2019 | $2,249 | +$309 (15.9%) |
| 2020 | $2,365 | +$116 (5.2%) |
| 2021 | $2,511 | +$146 (6.2%) |
| 2022 | $2,697 | +$186 (7.4%) |
| 2023 | $2,794 | +$97 (3.6%) |