Median Gross Rent
Definition
The midpoint of gross rent payments for renter-occupied housing units. Gross rent includes contract rent plus estimated monthly costs of utilities (electricity, gas, water, sewer) if paid separately.
Why It Matters
Rent is the largest monthly expense for the one-third of American households that rent. Median rent is a key indicator of housing affordability and cost of living.
How It's Measured
Reported by renters in the ACS survey. Gross rent adds utility estimates to contract rent for units where utilities are not included.
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Frequently Asked Questions
The midpoint of gross rent payments for renter-occupied housing units. Gross rent includes contract rent plus estimated monthly costs of utilities (electricity, gas, water, sewer) if paid separately.
Rent is the largest monthly expense for the one-third of American households that rent. Median rent is a key indicator of housing affordability and cost of living.
Reported by renters in the ACS survey. Gross rent adds utility estimates to contract rent for units where utilities are not included.