Princeton: Median Gross Rent Trend
How Princeton'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
$1,433
2023
$2,448
Total change
+$1,015
% change
+70.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,433 | — |
| 2019 | $1,532 | +$99 (6.9%) |
| 2020 | $1,704 | +$172 (11.2%) |
| 2021 | $2,025 | +$321 (18.8%) |
| 2022 | $2,320 | +$295 (14.6%) |
| 2023 | $2,448 | +$128 (5.5%) |