Spring Lake borough: Median Gross Rent Trend
How Spring Lake 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
$1,797
2023
$2,194
Total change
+$397
% change
+22.1%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,797 | — |
| 2019 | $2,068 | +$271 (15.1%) |
| 2020 | $2,038 | $30 (-1.5%) |
| 2021 | $2,085 | +$47 (2.3%) |
| 2022 | $2,134 | +$49 (2.4%) |
| 2023 | $2,194 | +$60 (2.8%) |