Bound Brook borough: Median Gross Rent Trend
How Bound Brook borough'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
$1,273
2023
$1,842
Total change
+$569
% change
+44.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,273 | — |
| 2019 | $1,443 | +$170 (13.4%) |
| 2020 | $1,481 | +$38 (2.6%) |
| 2021 | $1,554 | +$73 (4.9%) |
| 2022 | $1,727 | +$173 (11.1%) |
| 2023 | $1,842 | +$115 (6.7%) |