Merchantville borough: Median Gross Rent Trend
How Merchantville 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
$1,083
2023
$1,097
Total change
+$14
% change
+1.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,083 | — |
| 2019 | $1,064 | $19 (-1.8%) |
| 2020 | $1,022 | $42 (-3.9%) |
| 2021 | $1,006 | $16 (-1.6%) |
| 2022 | $1,112 | +$106 (10.5%) |
| 2023 | $1,097 | $15 (-1.3%) |