Fort Lee borough: Median Gross Rent Trend
How Fort Lee 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
$1,665
2023
$2,255
Total change
+$590
% change
+35.4%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,665 | — |
| 2019 | $1,923 | +$258 (15.5%) |
| 2020 | $1,909 | $14 (-0.7%) |
| 2021 | $1,982 | +$73 (3.8%) |
| 2022 | $2,159 | +$177 (8.9%) |
| 2023 | $2,255 | +$96 (4.4%) |