Monthly Rent Report

Morris Heights Rent Report — October 2024

Asking rents in ZIP 10453, New York City, from 23 listings.

Median 1BR rent in Morris Heights was $1,700 in October 2024, flat versus September 2024 and down 10.3% year-over-year. The middle half of 1BR listings asked between $1,648 and $1,700. That puts Morris Heights $606 below the New York City citywide 1BR median of $2,306. The month's figures are based on 23 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2024Vs. October 2023P25–P75 RangeListings
Studio$1,623−$420 (-20.6%)−$577 (-26.3%)$1,584 – $2,6898
1BR$1,700$0 (0.0%)−$195 (-10.3%)$1,648 – $1,7003
1BR$1,750+$50 (+2.9%)−$145 (-7.7%)$1,750 – $1,7501
2BR$1,999−$396 (-16.5%)−$551 (-21.6%)$1,999 – $1,9994
2BR$1,700−$695 (-29.0%)−$850 (-33.3%)$1,700 – $1,7001
3BR$3,500+$36 (+1.0%)+$500 (+16.7%)$3,500 – $3,5001
3BR$3,500+$36 (+1.0%)+$500 (+16.7%)$3,500 – $3,5001
4BR$3,705+$259 (+7.5%)$3,705 – $3,7052

Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.

Morris Heights vs. New York CityOctober 2024

BedroomsMorris Heights MedianNYC Citywide MedianDifference
Studio$1,623$2,550−$927 (-36.4%)
1BR$1,700$2,306−$606 (-26.3%)
1BR$1,750$2,306−$556 (-24.1%)
2BR$1,999$2,914−$914 (-31.4%)
2BR$1,700$2,914−$1,213 (-41.7%)
3BR$3,500$3,519−$19 (-0.5%)
3BR$3,500$3,519−$19 (-0.5%)
4BR$3,705$4,100−$395 (-9.6%)

Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.

Advertisement