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
$850
2023
$1,144
Total change
+$294
% change
+34.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $850 | — |
| 2019 | $868 | +$18 (2.1%) |
| 2020 | $876 | +$8 (0.9%) |
| 2021 | $915 | +$39 (4.5%) |
| 2022 | $992 | +$77 (8.4%) |
| 2023 | $1,144 | +$152 (15.3%) |