Penns Grove borough: Median Gross Rent Trend
How Penns Grove borough'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
$1,004
2023
$1,031
Total change
+$27
% change
+2.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,004 | — |
| 2019 | $1,028 | +$24 (2.4%) |
| 2020 | $1,029 | +$1 (0.1%) |
| 2021 | $912 | $117 (-11.4%) |
| 2022 | $1,041 | +$129 (14.1%) |
| 2023 | $1,031 | $10 (-1%) |