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
$1,914
2023
$2,730
Total change
+$816
% change
+42.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,914 | — |
| 2019 | $2,277 | +$363 (19%) |
| 2020 | $2,366 | +$89 (3.9%) |
| 2021 | $2,425 | +$59 (2.5%) |
| 2022 | $2,644 | +$219 (9%) |
| 2023 | $2,730 | +$86 (3.3%) |