Morris County: Median Gross Rent Trend
How Morris County'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
$1,420
2023
$1,860
Total change
+$440
% change
+31%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,420 | — |
| 2019 | $1,534 | +$114 (8%) |
| 2020 | — | — |
| 2021 | $1,713 | — |
| 2022 | $1,814 | +$101 (5.9%) |
| 2023 | $1,860 | +$46 (2.5%) |