Trenton-Princeton, NJ Metro Area: Median Gross Rent Trend
How Trenton-Princeton, NJ Metro Area'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
$1,191
2023
$1,515
Total change
+$324
% change
+27.2%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,191 | — |
| 2019 | $1,266 | +$75 (6.3%) |
| 2020 | $1,311 | +$45 (3.6%) |
| 2021 | $1,361 | +$50 (3.8%) |
| 2022 | $1,454 | +$93 (6.8%) |
| 2023 | $1,515 | +$61 (4.2%) |