Red Bank city: Median Gross Rent Trend
How Red Bank 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
$722
2023
$1,118
Total change
+$396
% change
+54.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $722 | — |
| 2019 | $773 | +$51 (7.1%) |
| 2020 | $816 | +$43 (5.6%) |
| 2021 | $876 | +$60 (7.4%) |
| 2022 | $1,009 | +$133 (15.2%) |
| 2023 | $1,118 | +$109 (10.8%) |