It doesn't look that is is required to change your address. Here is the chart that explains when/how to request passport changes and address update isn't included.

http://travel.state.gov/passport/correcting/correcting_2654.html

You could ask at your local post office just to make sure since they generally have the correct info.

Didn't you write your address in your passport yourself after you got it? I don't bother, but since you did I'd just cross it out and write in the new one. Or just leave it as is.

Good heavens! You are right - I just looked at it and my address doesn't appear.
Go figgah!
Thank you
(I'll check at the PO anyway, just in case.....)

Assuming you are from the U.S. . . . Your passport does not feature your address, since it is good for 10 years and you might change your address many times in 10 years.

If this is a US Passport you are concerned with.... Provided that you have the updated passport in hand there is no need for an address update with the agency. They only need the most updated address when ordering new passport and or sending out new passport. Give them a call or email them if you have further concerns I just got of the phone with them.

From the United States: 1-877-487-2778 TDD/TTY:1-888-874-7793
Automated Passport Information is available 24 hours, 7 days a week.

Speak with a representative Monday-Friday, 8 a.m. to 10 p.m., EST, excluding federal holidays.

Outside the United States: Contact the nearest U.S. Embassy or Consulate

E-MAIL NPIC@state.gov.
Most e-mail inquiries are answered within 24 hours.