diff --git a/CHANGELOG.md b/CHANGELOG.md
index bb16492d7..e2a66533d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -24,6 +24,9 @@
   consecutive messages exceeds the timeout.
   [#14837](https://github.com/influxdata/telegraf/pull/14828) sets the timeout
   to infinite (i.e zero) as this is the expected behavior.
+- With correctly sanitizing PostgreSQL addresses ([PR #14829](https://github.com/influxdata/telegraf/pull/14829))
+  the `server` tag value for a URI-format address might change in case it
+  contains spaces, backslashes or single-quotes in non-redacted parameters.
 
 ## v1.29.5 [2024-02-20]
 
diff --git a/plugins/inputs/postgresql/postgresql_test.go b/plugins/inputs/postgresql/postgresql_test.go
index fa54096ed..dfb5da0d2 100644
--- a/plugins/inputs/postgresql/postgresql_test.go
+++ b/plugins/inputs/postgresql/postgresql_test.go
@@ -2,6 +2,7 @@ package postgresql
 
 import (
 	"fmt"
+	"strings"
 	"testing"
 
 	"github.com/docker/go-connections/nat"
@@ -316,3 +317,239 @@ func TestPostgresqlDatabaseBlacklistTestIntegration(t *testing.T) {
 	require.False(t, foundTemplate0)
 	require.True(t, foundTemplate1)
 }
+
+func TestURIParsing(t *testing.T) {
+	tests := []struct {
+		name     string
+		uri      string
+		expected string
+	}{
+		{
+			name:     "short",
+			uri:      `postgres://localhost`,
+			expected: "host=localhost",
+		},
+		{
+			name:     "with port",
+			uri:      `postgres://localhost:5432`,
+			expected: "host=localhost port=5432",
+		},
+		{
+			name:     "with database",
+			uri:      `postgres://localhost/mydb`,
+			expected: "dbname=mydb host=localhost",
+		},
+		{
+			name:     "with additional parameters",
+			uri:      `postgres://localhost/mydb?application_name=pgxtest&search_path=myschema&connect_timeout=5`,
+			expected: "application_name=pgxtest connect_timeout=5 dbname=mydb host=localhost search_path=myschema",
+		},
+		{
+			name:     "with database setting in params",
+			uri:      `postgres://localhost:5432/?database=mydb`,
+			expected: "database=mydb host=localhost port=5432",
+		},
+		{
+			name:     "with authentication",
+			uri:      `postgres://jack:secret@localhost:5432/mydb?sslmode=prefer`,
+			expected: "dbname=mydb host=localhost password=secret port=5432 sslmode=prefer user=jack",
+		},
+		{
+			name:     "with spaces",
+			uri:      `postgres://jack%20hunter:secret@localhost/mydb?application_name=pgx%20test`,
+			expected: "application_name='pgx test' dbname=mydb host=localhost password=secret user='jack hunter'",
+		},
+		{
+			name:     "with equal signs",
+			uri:      `postgres://jack%20hunter:secret@localhost/mydb?application_name=pgx%3Dtest`,
+			expected: "application_name='pgx=test' dbname=mydb host=localhost password=secret user='jack hunter'",
+		},
+		{
+			name:     "multiple hosts",
+			uri:      `postgres://jack:secret@foo:1,bar:2,baz:3/mydb?sslmode=disable`,
+			expected: "dbname=mydb host=foo,bar,baz password=secret port=1,2,3 sslmode=disable user=jack",
+		},
+		{
+			name:     "multiple hosts without ports",
+			uri:      `postgres://jack:secret@foo,bar,baz/mydb?sslmode=disable`,
+			expected: "dbname=mydb host=foo,bar,baz password=secret sslmode=disable user=jack",
+		},
+	}
+
+	for _, tt := range tests {
+		// Key value without spaces around equal sign
+		t.Run(tt.name, func(t *testing.T) {
+			actual, err := toKeyValue(tt.uri)
+			require.NoError(t, err)
+			require.Equalf(t, tt.expected, actual, "initial: %s", tt.uri)
+		})
+	}
+}
+
+func TestSanitizeAddressKeyValue(t *testing.T) {
+	keys := []string{"password", "sslcert", "sslkey", "sslmode", "sslrootcert"}
+	tests := []struct {
+		name  string
+		value string
+	}{
+		{
+			name:  "simple text",
+			value: `foo`,
+		},
+		{
+			name:  "empty values",
+			value: `''`,
+		},
+		{
+			name:  "space in value",
+			value: `'foo bar'`,
+		},
+		{
+			name:  "equal sign in value",
+			value: `'foo=bar'`,
+		},
+		{
+			name:  "escaped quote",
+			value: `'foo\'s bar'`,
+		},
+		{
+			name:  "escaped quote no space",
+			value: `\'foobar\'s\'`,
+		},
+		{
+			name:  "escaped backslash",
+			value: `'foo bar\\'`,
+		},
+		{
+			name:  "escaped quote and backslash",
+			value: `'foo\\\'s bar'`,
+		},
+		{
+			name:  "two escaped backslashes",
+			value: `'foo bar\\\\'`,
+		},
+		{
+			name:  "multiple inline spaces",
+			value: "'foo     \t bar'",
+		},
+		{
+			name:  "leading space",
+			value: `' foo bar'`,
+		},
+		{
+			name:  "trailing space",
+			value: `'foo bar '`,
+		},
+		{
+			name:  "multiple equal signs",
+			value: `'foo===bar'`,
+		},
+		{
+			name:  "leading equal sign",
+			value: `'=foo bar'`,
+		},
+		{
+			name:  "trailing equal sign",
+			value: `'foo bar='`,
+		},
+		{
+			name:  "mix of equal signs and spaces",
+			value: "'foo = a\t===\tbar'",
+		},
+	}
+
+	for _, tt := range tests {
+		// Key value without spaces around equal sign
+		t.Run(tt.name, func(t *testing.T) {
+			// Generate the DSN from the given keys and value
+			parts := make([]string, 0, len(keys))
+			for _, k := range keys {
+				parts = append(parts, k+"="+tt.value)
+			}
+			dsn := strings.Join(parts, " canary=ok ")
+
+			plugin := &Postgresql{
+				Service: Service{
+					Address: config.NewSecret([]byte(dsn)),
+				},
+			}
+
+			expected := strings.Join(make([]string, len(keys)), "canary=ok ")
+			expected = strings.TrimSpace(expected)
+			actual, err := plugin.SanitizedAddress()
+			require.NoError(t, err)
+			require.Equalf(t, expected, actual, "initial: %s", dsn)
+		})
+
+		// Key value with spaces around equal sign
+		t.Run("spaced "+tt.name, func(t *testing.T) {
+			// Generate the DSN from the given keys and value
+			parts := make([]string, 0, len(keys))
+			for _, k := range keys {
+				parts = append(parts, k+" = "+tt.value)
+			}
+			dsn := strings.Join(parts, " canary=ok ")
+
+			plugin := &Postgresql{
+				Service: Service{
+					Address: config.NewSecret([]byte(dsn)),
+				},
+			}
+
+			expected := strings.Join(make([]string, len(keys)), "canary=ok ")
+			expected = strings.TrimSpace(expected)
+			actual, err := plugin.SanitizedAddress()
+			require.NoError(t, err)
+			require.Equalf(t, expected, actual, "initial: %s", dsn)
+		})
+	}
+}
+
+func TestSanitizeAddressURI(t *testing.T) {
+	keys := []string{"password", "sslcert", "sslkey", "sslmode", "sslrootcert"}
+	tests := []struct {
+		name  string
+		value string
+	}{
+		{
+			name:  "simple text",
+			value: `foo`,
+		},
+		{
+			name:  "empty values",
+			value: ``,
+		},
+		{
+			name:  "space in value",
+			value: `foo bar`,
+		},
+		{
+			name:  "equal sign in value",
+			value: `foo=bar`,
+		},
+	}
+
+	for _, tt := range tests {
+		t.Run(tt.name, func(t *testing.T) {
+			// Generate the DSN from the given keys and value
+			value := strings.ReplaceAll(tt.value, "=", "%3D")
+			value = strings.ReplaceAll(value, " ", "%20")
+			parts := make([]string, 0, len(keys))
+			for _, k := range keys {
+				parts = append(parts, k+"="+value)
+			}
+			dsn := "postgresql://user:passwd@localhost:5432/db?" + strings.Join(parts, "&")
+
+			plugin := &Postgresql{
+				Service: Service{
+					Address: config.NewSecret([]byte(dsn)),
+				},
+			}
+
+			expected := "dbname=db host=localhost port=5432 user=user"
+			actual, err := plugin.SanitizedAddress()
+			require.NoError(t, err)
+			require.Equalf(t, expected, actual, "initial: %s", dsn)
+		})
+	}
+}
diff --git a/plugins/inputs/postgresql/service.go b/plugins/inputs/postgresql/service.go
index 6c76d76f3..d9447b4d3 100644
--- a/plugins/inputs/postgresql/service.go
+++ b/plugins/inputs/postgresql/service.go
@@ -17,72 +17,76 @@ import (
 	"github.com/influxdata/telegraf/config"
 )
 
-// pulled from lib/pq
-// ParseURL no longer needs to be used by clients of this library since supplying a URL as a
-// connection string to sql.Open() is now supported:
-//
-//	sql.Open("postgres", "postgres://bob:secret@1.2.3.4:5432/mydb?sslmode=verify-full")
-//
-// It remains exported here for backwards-compatibility.
-//
-// ParseURL converts a url to a connection string for driver.Open.
-// Example:
-//
-//	"postgres://bob:secret@1.2.3.4:5432/mydb?sslmode=verify-full"
-//
-// converts to:
-//
-//	"user=bob password=secret host=1.2.3.4 port=5432 dbname=mydb sslmode=verify-full"
-//
-// A minimal example:
-//
-//	"postgres://"
-//
-// This will be blank, causing driver.Open to use all of the defaults
-func parseURL(uri string) (string, error) {
+// Based on parseURLSettings() at https://github.com/jackc/pgx/blob/master/pgconn/config.go
+func toKeyValue(uri string) (string, error) {
 	u, err := url.Parse(uri)
 	if err != nil {
-		return "", err
+		return "", fmt.Errorf("parsing URI failed: %w", err)
 	}
 
+	// Check the protocol
 	if u.Scheme != "postgres" && u.Scheme != "postgresql" {
 		return "", fmt.Errorf("invalid connection protocol: %s", u.Scheme)
 	}
 
-	var kvs []string
-	escaper := strings.NewReplacer(` `, `\ `, `'`, `\'`, `\`, `\\`)
-	accrue := func(k, v string) {
-		if v != "" {
-			kvs = append(kvs, k+"="+escaper.Replace(v))
+	quoteIfNecessary := func(v string) string {
+		if !strings.ContainsAny(v, ` ='\`) {
+			return v
+		}
+		r := strings.ReplaceAll(v, `\`, `\\`)
+		r = strings.ReplaceAll(r, `'`, `\'`)
+		return "'" + r + "'"
+	}
+
+	// Extract the parameters
+	parts := make([]string, 0, len(u.Query())+5)
+	if u.User != nil {
+		parts = append(parts, "user="+quoteIfNecessary(u.User.Username()))
+		if password, found := u.User.Password(); found {
+			parts = append(parts, "password="+quoteIfNecessary(password))
 		}
 	}
 
-	if u.User != nil {
-		v := u.User.Username()
-		accrue("user", v)
+	// Handle multiple host:port's in url.Host by splitting them into host,host,host and port,port,port.
+	hostParts := strings.Split(u.Host, ",")
+	hosts := make([]string, 0, len(hostParts))
+	ports := make([]string, 0, len(hostParts))
+	var anyPortSet bool
+	for _, host := range hostParts {
+		if host == "" {
+			continue
+		}
 
-		v, _ = u.User.Password()
-		accrue("password", v)
+		h, p, err := net.SplitHostPort(host)
+		if err != nil {
+			if !strings.Contains(err.Error(), "missing port") {
+				return "", fmt.Errorf("failed to process host %q: %w", host, err)
+			}
+			h = host
+		}
+		anyPortSet = anyPortSet || err == nil
+		hosts = append(hosts, h)
+		ports = append(ports, p)
+	}
+	if len(hosts) > 0 {
+		parts = append(parts, "host="+strings.Join(hosts, ","))
+	}
+	if anyPortSet {
+		parts = append(parts, "port="+strings.Join(ports, ","))
 	}
 
-	if host, port, err := net.SplitHostPort(u.Host); err != nil {
-		accrue("host", u.Host)
-	} else {
-		accrue("host", host)
-		accrue("port", port)
+	database := strings.TrimLeft(u.Path, "/")
+	if database != "" {
+		parts = append(parts, "dbname="+quoteIfNecessary(database))
 	}
 
-	if u.Path != "" {
-		accrue("dbname", u.Path[1:])
+	for k, v := range u.Query() {
+		parts = append(parts, k+"="+quoteIfNecessary(strings.Join(v, ",")))
 	}
 
-	q := u.Query()
-	for k := range q {
-		accrue(k, q.Get(k))
-	}
-
-	sort.Strings(kvs) // Makes testing easier (not a performance concern)
-	return strings.Join(kvs, " "), nil
+	// Required to produce a repeatable output e.g. for tags or testing
+	sort.Strings(parts)
+	return strings.Join(parts, " "), nil
 }
 
 // Service common functionality shared between the postgresql and postgresql_extensible
@@ -148,30 +152,32 @@ func (p *Service) Stop() {
 	p.DB.Close()
 }
 
-var kvMatcher, _ = regexp.Compile(`(password|sslcert|sslkey|sslmode|sslrootcert)=\S+ ?`)
+var sanitizer = regexp.MustCompile(`(\s|^)((?:password|sslcert|sslkey|sslmode|sslrootcert)\s?=\s?(?:(?:'(?:[^'\\]|\\.)*')|(?:\S+)))`)
 
 // SanitizedAddress utility function to strip sensitive information from the connection string.
-func (p *Service) SanitizedAddress() (sanitizedAddress string, err error) {
+func (p *Service) SanitizedAddress() (string, error) {
 	if p.OutputAddress != "" {
 		return p.OutputAddress, nil
 	}
 
-	addr, err := p.Address.Get()
+	// Get the address
+	addrSecret, err := p.Address.Get()
 	if err != nil {
-		return sanitizedAddress, fmt.Errorf("getting address for sanitization failed: %w", err)
+		return "", fmt.Errorf("getting address for sanitization failed: %w", err)
 	}
-	defer addr.Destroy()
+	defer addrSecret.Destroy()
 
-	var canonicalizedAddress string
-	if strings.HasPrefix(addr.TemporaryString(), "postgres://") || strings.HasPrefix(addr.TemporaryString(), "postgresql://") {
-		if canonicalizedAddress, err = parseURL(addr.String()); err != nil {
-			return sanitizedAddress, err
+	// Make sure we convert URI-formatted strings into key-values
+	addr := addrSecret.TemporaryString()
+	if strings.HasPrefix(addr, "postgres://") || strings.HasPrefix(addr, "postgresql://") {
+		if addr, err = toKeyValue(addr); err != nil {
+			return "", err
 		}
-	} else {
-		canonicalizedAddress = addr.String()
 	}
 
-	return kvMatcher.ReplaceAllString(canonicalizedAddress, ""), nil
+	// Sanitize the string using a regular expression
+	sanitized := sanitizer.ReplaceAllString(addr, "")
+	return strings.TrimSpace(sanitized), nil
 }
 
 // GetConnectDatabase utility function for getting the database to which the connection was made