Monthly Rent Report
Morris Heights Rent Report — August 2023
Asking rents in ZIP 10453, New York City, from 26 listings.
Median 1BR rent in Morris Heights was $2,218 in August 2023, flat versus July 2023 and up 23.3% year-over-year. The middle half of 1BR listings asked between $2,109 and $2,409. That puts Morris Heights $132 below the New York City citywide 1BR median of $2,350. The month's figures are based on 26 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,218 | $0 (0.0%) | +$419 (+23.3%) | $2,109 – $2,409 | 3 |
| 1BR | $1,749 | −$469 (-21.1%) | −$50 (-2.8%) | $1,749 – $1,749 | 1 |
| 2BR | $2,555 | +$260 (+11.3%) | −$195 (-7.1%) | $2,555 – $2,555 | 1 |
| 2BR | $2,550 | +$255 (+11.1%) | −$200 (-7.3%) | $2,550 – $2,555 | 5 |
| 3BR | $2,689 | +$30 (+1.1%) | −$261 (-8.8%) | $2,689 – $2,689 | 1 |
| 3BR | $3,625 | +$966 (+36.3%) | +$675 (+22.9%) | $3,200 – $3,625 | 5 |
| 4BR | $3,750 | +$891 (+31.2%) | +$850 (+29.3%) | $3,750 – $3,750 | 1 |
| 4BR | $3,647 | +$788 (+27.6%) | +$747 (+25.8%) | $3,647 – $3,647 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Morris Heights vs. New York City — August 2023
| Bedrooms | Morris Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,218 | $2,350 | −$132 (-5.6%) |
| 1BR | $1,749 | $2,350 | −$601 (-25.6%) |
| 2BR | $2,555 | $2,859 | −$304 (-10.6%) |
| 2BR | $2,550 | $2,859 | −$309 (-10.8%) |
| 3BR | $2,689 | $3,413 | −$723 (-21.2%) |
| 3BR | $3,625 | $3,413 | +$213 (+6.2%) |
| 4BR | $3,750 | $4,200 | −$450 (-10.7%) |
| 4BR | $3,647 | $4,200 | −$553 (-13.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.