Newark city: Median Gross Rent Trend
How Newark city'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
$597
2023
$591
Total change
$6
% change
-1%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $597 | — |
| 2019 | $577 | $20 (-3.4%) |
| 2020 | $493 | $84 (-14.6%) |
| 2021 | $542 | +$49 (9.9%) |
| 2022 | $581 | +$39 (7.2%) |
| 2023 | $591 | +$10 (1.7%) |