Somerset CDP: Median Gross Rent Trend
How Somerset CDP'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
$1,016
2023
$1,313
Total change
+$297
% change
+29.2%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,016 | — |
| 2019 | $1,132 | +$116 (11.4%) |
| 2020 | $1,130 | $2 (-0.2%) |
| 2021 | $1,216 | +$86 (7.6%) |
| 2022 | $1,307 | +$91 (7.5%) |
| 2023 | $1,313 | +$6 (0.5%) |