Monthly Rent Report
Morris Heights Rent Report — May 2023
Asking rents in ZIP 10453, New York City, from 69 listings.
Median 1BR rent in Morris Heights was $1,650 in May 2023, down 1.5% (−$25) from April 2023 and down 5.7% year-over-year. The middle half of 1BR listings asked between $1,646 and $1,842. That puts Morris Heights $827 below the New York City citywide 1BR median of $2,477. The month's figures are based on 69 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$326 (-17.4%) | −$200 (-11.4%) | $1,550 – $1,550 | 2 |
| Studio | $1,550 | −$326 (-17.4%) | −$200 (-11.4%) | $1,550 – $1,550 | 2 |
| 1BR | $1,650 | −$25 (-1.5%) | −$100 (-5.7%) | $1,646 – $1,842 | 22 |
| 1BR | $1,754 | +$79 (+4.7%) | +$4 (+0.2%) | $1,620 – $1,891 | 8 |
| 2BR | $2,365 | +$66 (+2.9%) | +$65 (+2.8%) | $2,198 – $2,399 | 4 |
| 2BR | $2,399 | +$101 (+4.4%) | +$99 (+4.3%) | $2,323 – $2,399 | 16 |
| 3BR | $3,200 | −$50 (-1.5%) | — | $3,200 – $3,200 | 1 |
| 3BR | $3,200 | −$50 (-1.5%) | — | $3,142 – $3,200 | 3 |
| 4BR | $3,300 | +$100 (+3.1%) | +$500 (+17.9%) | $3,200 – $3,400 | 4 |
| 4BR | $3,300 | +$100 (+3.1%) | +$500 (+17.9%) | $3,200 – $3,400 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Morris Heights vs. New York City — May 2023
| Bedrooms | Morris Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $2,450 | −$900 (-36.7%) |
| Studio | $1,550 | $2,450 | −$900 (-36.7%) |
| 1BR | $1,650 | $2,477 | −$827 (-33.4%) |
| 1BR | $1,754 | $2,477 | −$723 (-29.2%) |
| 2BR | $2,365 | $2,800 | −$435 (-15.6%) |
| 2BR | $2,399 | $2,800 | −$401 (-14.3%) |
| 3BR | $3,200 | $3,225 | −$25 (-0.8%) |
| 3BR | $3,200 | $3,225 | −$25 (-0.8%) |
| 4BR | $3,300 | $4,000 | −$700 (-17.5%) |
| 4BR | $3,300 | $4,000 | −$700 (-17.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.