Monthly Rent Report
Morris Heights Rent Report — August 2024
Asking rents in ZIP 10453, New York City, from 18 listings.
Median 1BR rent in Morris Heights was $1,600 in August 2024, down 21.3% (−$434) from July 2024 and down 27.9% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Morris Heights $790 below the New York City citywide 1BR median of $2,390. The month's figures are based on 18 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,525 | $0 (0.0%) | — | $2,263 – $2,525 | 3 |
| 1BR | $1,600 | −$434 (-21.3%) | −$618 (-27.9%) | $1,600 – $1,600 | 1 |
| 2BR | $2,550 | +$434 (+20.5%) | $0 (0.0%) | $2,550 – $2,550 | 6 |
| 3BR | $3,300 | −$200 (-5.7%) | −$325 (-9.0%) | $3,300 – $3,300 | 1 |
| 4BR | $3,835 | +$371 (+10.7%) | +$188 (+5.2%) | $3,718 – $3,953 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Morris Heights vs. New York City — August 2024
| Bedrooms | Morris Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,525 | $2,500 | +$25 (+1.0%) |
| 1BR | $1,600 | $2,390 | −$790 (-33.1%) |
| 2BR | $2,550 | $2,900 | −$350 (-12.1%) |
| 3BR | $3,300 | $3,603 | −$303 (-8.4%) |
| 4BR | $3,835 | $4,225 | −$390 (-9.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.