Fanwood borough: Median Gross Rent Trend
How Fanwood 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
$2,708
2023
$2,368
Total change
$340
% change
-12.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $2,708 | — |
| 2019 | $2,710 | +$2 (0.1%) |
| 2020 | $1,859 | $851 (-31.4%) |
| 2021 | $1,869 | +$10 (0.5%) |
| 2022 | $2,254 | +$385 (20.6%) |
| 2023 | $2,368 | +$114 (5.1%) |