Somerville borough: Median Gross Rent Trend
How Somerville 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
$1,342
2023
$1,748
Total change
+$406
% change
+30.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,342 | — |
| 2019 | $1,388 | +$46 (3.4%) |
| 2020 | $1,424 | +$36 (2.6%) |
| 2021 | $1,489 | +$65 (4.6%) |
| 2022 | $1,662 | +$173 (11.6%) |
| 2023 | $1,748 | +$86 (5.2%) |