Watchung borough: Median Gross Rent Trend
How Watchung 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
$1,449
2023
$2,571
Total change
+$1,122
% change
+77.4%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,449 | — |
| 2019 | $2,021 | +$572 (39.5%) |
| 2020 | $2,085 | +$64 (3.2%) |
| 2021 | $2,269 | +$184 (8.8%) |
| 2022 | $2,302 | +$33 (1.5%) |
| 2023 | $2,571 | +$269 (11.7%) |