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
$717
2023
$1,012
Total change
+$295
% change
+41.1%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $717 | — |
| 2019 | $788 | +$71 (9.9%) |
| 2020 | $792 | +$4 (0.5%) |
| 2021 | $840 | +$48 (6.1%) |
| 2022 | $940 | +$100 (11.9%) |
| 2023 | $1,012 | +$72 (7.7%) |