Monthly Rent Report
Morrisania Rent Report — October 2023
Asking rents in ZIP 10456, New York City, from 111 listings.
Median 1BR rent in Morrisania was $1,895 in October 2023, down 5.3% (−$105) from September 2023 and down 6.8% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,000. That puts Morrisania $555 below the New York City citywide 1BR median of $2,450. The month's figures are based on 111 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,854 | −$1,360 (-42.3%) | +$254 (+15.9%) | $1,854 – $2,250 | 5 |
| Studio | $2,250 | −$964 (-30.0%) | +$650 (+40.6%) | $2,247 – $2,250 | 4 |
| 1BR | $1,895 | −$105 (-5.3%) | −$138 (-6.8%) | $1,850 – $2,000 | 13 |
| 1BR | $1,745 | −$255 (-12.8%) | −$288 (-14.2%) | $1,738 – $1,900 | 46 |
| 2BR | $2,475 | +$75 (+3.1%) | +$175 (+7.6%) | $2,400 – $2,585 | 18 |
| 2BR | $2,478 | +$78 (+3.2%) | +$178 (+7.7%) | $2,250 – $2,555 | 6 |
| 3BR | $3,299 | +$349 (+11.8%) | −$200 (-5.7%) | $3,299 – $3,299 | 4 |
| 3BR | $3,299 | +$349 (+11.8%) | −$200 (-5.7%) | $3,299 – $3,299 | 1 |
| 4BR | $3,300 | −$48 (-1.4%) | — | $3,150 – $3,450 | 2 |
| 4BR | $3,600 | +$252 (+7.5%) | — | $3,248 – $3,600 | 7 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Morrisania vs. New York City — October 2023
| Bedrooms | Morrisania Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,854 | $2,411 | −$556 (-23.1%) |
| Studio | $2,250 | $2,411 | −$160 (-6.7%) |
| 1BR | $1,895 | $2,450 | −$555 (-22.7%) |
| 1BR | $1,745 | $2,450 | −$705 (-28.8%) |
| 2BR | $2,475 | $2,900 | −$425 (-14.7%) |
| 2BR | $2,478 | $2,900 | −$422 (-14.6%) |
| 3BR | $3,299 | $3,349 | −$50 (-1.5%) |
| 3BR | $3,299 | $3,349 | −$50 (-1.5%) |
| 4BR | $3,300 | $4,200 | −$900 (-21.4%) |
| 4BR | $3,600 | $4,200 | −$600 (-14.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.