New Milford borough: Median Gross Rent Trend
How New Milford 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
$1,360
2023
$1,722
Total change
+$362
% change
+26.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,360 | — |
| 2019 | $1,438 | +$78 (5.7%) |
| 2020 | $1,442 | +$4 (0.3%) |
| 2021 | $1,471 | +$29 (2%) |
| 2022 | $1,669 | +$198 (13.5%) |
| 2023 | $1,722 | +$53 (3.2%) |