Summit town: Median Gross Rent Trend
How Summit town'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
$634
2023
$936
Total change
+$302
% change
+47.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $634 | — |
| 2019 | $736 | +$102 (16.1%) |
| 2020 | $800 | +$64 (8.7%) |
| 2021 | $929 | +$129 (16.1%) |
| 2022 | $884 | $45 (-4.8%) |
| 2023 | $936 | +$52 (5.9%) |