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Princeton city: Median Gross Rent Trend

How Princeton 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
$529
2023
$514
Total change
$15
% change
-2.8%
Year Median Gross Rent Change
2017 $529
2019 $519 $10 (-1.9%)
2020 $514 $5 (-1%)
2021 $362 $152 (-29.6%)
2022 $430 +$68 (18.8%)
2023 $514 +$84 (19.5%)

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