Monthly Rent Report
Morris Heights Rent Report — March 2023
Asking rents in ZIP 10453, New York City, from 131 listings.
Median 1BR rent in Morris Heights was $1,705 in March 2023, up 3.3% (+$55) from February 2023 and down 12.6% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,795. That puts Morris Heights $594 below the New York City citywide 1BR median of $2,299. The month's figures are based on 131 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | +$201 (+15.5%) | +$135 (+9.9%) | $1,500 – $1,500 | 1 |
| Studio | $1,500 | +$201 (+15.5%) | +$135 (+9.9%) | $1,500 – $1,500 | 1 |
| 1BR | $1,705 | +$55 (+3.3%) | −$245 (-12.6%) | $1,650 – $1,795 | 31 |
| 1BR | $1,650 | $0 (0.0%) | −$300 (-15.4%) | $1,649 – $1,695 | 11 |
| 2BR | $2,399 | +$4 (+0.2%) | +$275 (+12.9%) | $2,324 – $2,527 | 22 |
| 2BR | $2,477 | +$82 (+3.4%) | +$353 (+16.6%) | $2,395 – $2,502 | 11 |
| 3BR | $2,689 | −$386 (-12.6%) | +$124 (+4.8%) | $2,689 – $2,787 | 21 |
| 3BR | $2,689 | −$386 (-12.6%) | +$124 (+4.8%) | $2,689 – $2,787 | 13 |
| 4BR | $2,859 | −$341 (-10.7%) | — | $2,859 – $2,859 | 3 |
| 4BR | $2,859 | −$341 (-10.7%) | — | $2,859 – $2,859 | 5 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Morris Heights vs. New York City — March 2023
| Bedrooms | Morris Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $2,200 | −$700 (-31.8%) |
| Studio | $1,500 | $2,200 | −$700 (-31.8%) |
| 1BR | $1,705 | $2,299 | −$594 (-25.8%) |
| 1BR | $1,650 | $2,299 | −$649 (-28.2%) |
| 2BR | $2,399 | $2,650 | −$251 (-9.5%) |
| 2BR | $2,477 | $2,650 | −$173 (-6.5%) |
| 3BR | $2,689 | $3,200 | −$511 (-16.0%) |
| 3BR | $2,689 | $3,200 | −$511 (-16.0%) |
| 4BR | $2,859 | $3,995 | −$1,136 (-28.4%) |
| 4BR | $2,859 | $3,995 | −$1,136 (-28.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.