Monthly Rent Report
Morris Heights Rent Report — May 2024
Asking rents in ZIP 10453, New York City, from 189 listings.
Median 1BR rent in Morris Heights was $1,689 in May 2024, down 4.1% (−$72) from April 2024 and down 3.7% year-over-year. The middle half of 1BR listings asked between $1,689 and $1,689. That puts Morris Heights $736 below the New York City citywide 1BR median of $2,425. The month's figures are based on 189 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,463 | −$62 (-2.5%) | +$913 (+58.9%) | $2,249 – $2,550 | 4 |
| Studio | $2,400 | −$125 (-5.0%) | +$850 (+54.8%) | $1,795 – $2,525 | 25 |
| 1BR | $1,689 | −$72 (-4.1%) | −$65 (-3.7%) | $1,689 – $1,689 | 2 |
| 1BR | $2,125 | +$364 (+20.7%) | +$371 (+21.2%) | $1,801 – $2,125 | 62 |
| 2BR | $2,395 | −$105 (-4.2%) | −$4 (-0.2%) | $2,350 – $2,395 | 45 |
| 2BR | $2,299 | −$201 (-8.0%) | −$100 (-4.2%) | $2,299 – $2,299 | 2 |
| 3BR | $3,464 | +$315 (+10.0%) | +$264 (+8.3%) | $3,464 – $3,777 | 5 |
| 3BR | $3,038 | −$112 (-3.6%) | −$162 (-5.1%) | $3,019 – $3,464 | 24 |
| 4BR | $4,070 | +$606 (+17.5%) | +$770 (+23.3%) | $4,070 – $4,070 | 1 |
| 4BR | $3,725 | +$261 (+7.5%) | +$425 (+12.9%) | $3,150 – $3,973 | 11 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Morris Heights vs. New York City — May 2024
| Bedrooms | Morris Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,463 | $2,350 | +$113 (+4.8%) |
| Studio | $2,400 | $2,350 | +$50 (+2.1%) |
| 1BR | $1,689 | $2,425 | −$736 (-30.4%) |
| 1BR | $2,125 | $2,425 | −$300 (-12.4%) |
| 2BR | $2,395 | $2,914 | −$518 (-17.8%) |
| 2BR | $2,299 | $2,914 | −$614 (-21.1%) |
| 3BR | $3,464 | $3,600 | −$136 (-3.8%) |
| 3BR | $3,038 | $3,600 | −$562 (-15.6%) |
| 4BR | $4,070 | $4,250 | −$180 (-4.2%) |
| 4BR | $3,725 | $4,250 | −$525 (-12.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.