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Newark village: Median Gross Rent Trend

How Newark village'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
$690
2023
$1,018
Total change
+$328
% change
+47.5%
Year Median Gross Rent Change
2017 $690
2019 $675 $15 (-2.2%)
2020 $621 $54 (-8%)
2021 $682 +$61 (9.8%)
2022 $1,000 +$318 (46.6%)
2023 $1,018 +$18 (1.8%)

Other Newark village Trends