Montvale borough: Median Gross Rent Trend
How Montvale 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
$1,791
2023
$2,241
Total change
+$450
% change
+25.1%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,791 | — |
| 2019 | $1,833 | +$42 (2.3%) |
| 2020 | $1,789 | $44 (-2.4%) |
| 2021 | $1,894 | +$105 (5.9%) |
| 2022 | $2,038 | +$144 (7.6%) |
| 2023 | $2,241 | +$203 (10%) |