Monthly Rent Report
Morrisania Rent Report — August 2023
Asking rents in ZIP 10456, New York City, from 60 listings.
Median 1BR rent in Morrisania was $1,798 in August 2023, down 3.4% (−$62) from July 2023 and up 6.0% year-over-year. The middle half of 1BR listings asked between $1,665 and $1,900. That puts Morrisania $553 below the New York City citywide 1BR median of $2,350. The month's figures are based on 60 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,916 | −$320 (-14.3%) | — | $1,755 – $2,076 | 2 |
| Studio | $2,236 | $0 (0.0%) | — | $2,236 – $2,236 | 2 |
| 1BR | $1,798 | −$62 (-3.4%) | +$103 (+6.0%) | $1,665 – $1,900 | 14 |
| 1BR | $1,995 | +$135 (+7.3%) | +$300 (+17.7%) | $1,885 – $1,995 | 3 |
| 2BR | $2,778 | +$178 (+6.8%) | +$430 (+18.3%) | $2,555 – $3,000 | 6 |
| 2BR | $2,578 | −$22 (-0.9%) | +$230 (+9.8%) | $2,566 – $2,589 | 2 |
| 3BR | $3,000 | +$200 (+7.1%) | $0 (0.0%) | $2,650 – $3,214 | 9 |
| 3BR | $3,000 | +$200 (+7.1%) | $0 (0.0%) | $2,900 – $3,214 | 13 |
| 4BR | $2,250 | −$1,245 (-35.6%) | — | $2,250 – $2,250 | 1 |
| 4BR | $3,548 | +$53 (+1.5%) | — | $3,495 – $3,600 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Morrisania vs. New York City — August 2023
| Bedrooms | Morrisania Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,916 | $2,490 | −$574 (-23.1%) |
| Studio | $2,236 | $2,490 | −$254 (-10.2%) |
| 1BR | $1,798 | $2,350 | −$552 (-23.5%) |
| 1BR | $1,995 | $2,350 | −$355 (-15.1%) |
| 2BR | $2,778 | $2,859 | −$81 (-2.9%) |
| 2BR | $2,578 | $2,859 | −$281 (-9.8%) |
| 3BR | $3,000 | $3,413 | −$412 (-12.1%) |
| 3BR | $3,000 | $3,413 | −$412 (-12.1%) |
| 4BR | $2,250 | $4,200 | −$1,950 (-46.4%) |
| 4BR | $3,548 | $4,200 | −$652 (-15.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.