Madison borough: Median Gross Rent Trend
How Madison 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
$1,643
2023
$2,248
Total change
+$605
% change
+36.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,643 | — |
| 2019 | $1,807 | +$164 (10%) |
| 2020 | $1,908 | +$101 (5.6%) |
| 2021 | $2,003 | +$95 (5%) |
| 2022 | $2,168 | +$165 (8.2%) |
| 2023 | $2,248 | +$80 (3.7%) |