Paterson city: Median Gross Rent Trend
How Paterson 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
$1,149
2023
$1,457
Total change
+$308
% change
+26.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,149 | — |
| 2019 | $1,193 | +$44 (3.8%) |
| 2020 | $1,213 | +$20 (1.7%) |
| 2021 | $1,278 | +$65 (5.4%) |
| 2022 | $1,392 | +$114 (8.9%) |
| 2023 | $1,457 | +$65 (4.7%) |