Monthly Rent Report
Morrisania Rent Report — March 2024
Asking rents in ZIP 10456, New York City, from 121 listings.
Median 1BR rent in Morrisania was $1,800 in March 2024, up 2.3% (+$41) from February 2024 and up 6.2% year-over-year. The middle half of 1BR listings asked between $1,710 and $2,140. That puts Morrisania $699 below the New York City citywide 1BR median of $2,499. The month's figures are based on 121 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,225 | +$457 (+25.8%) | +$630 (+39.5%) | $1,900 – $2,550 | 4 |
| Studio | $2,550 | +$782 (+44.2%) | +$955 (+59.9%) | $2,550 – $2,550 | 5 |
| 1BR | $1,800 | +$41 (+2.3%) | +$105 (+6.2%) | $1,710 – $2,140 | 15 |
| 1BR | $1,995 | +$236 (+13.4%) | +$300 (+17.7%) | $1,710 – $2,350 | 21 |
| 2BR | $2,161 | −$839 (-28.0%) | −$238 (-9.9%) | $1,895 – $2,500 | 18 |
| 2BR | $2,121 | −$879 (-29.3%) | −$278 (-11.6%) | $2,065 – $2,275 | 12 |
| 3BR | $3,385 | −$221 (-6.1%) | +$285 (+9.2%) | $3,100 – $3,550 | 15 |
| 3BR | $3,299 | −$307 (-8.5%) | +$199 (+6.4%) | $3,000 – $3,500 | 25 |
| 4BR | $2,886 | −$982 (-25.4%) | +$161 (+5.9%) | $2,886 – $3,443 | 3 |
| 4BR | $3,443 | −$425 (-11.0%) | +$718 (+26.3%) | $3,165 – $3,722 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Morrisania vs. New York City — March 2024
| Bedrooms | Morrisania Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,225 | $2,450 | −$225 (-9.2%) |
| Studio | $2,550 | $2,450 | +$100 (+4.1%) |
| 1BR | $1,800 | $2,499 | −$699 (-28.0%) |
| 1BR | $1,995 | $2,499 | −$504 (-20.2%) |
| 2BR | $2,161 | $2,995 | −$834 (-27.9%) |
| 2BR | $2,121 | $2,995 | −$873 (-29.2%) |
| 3BR | $3,385 | $3,500 | −$115 (-3.3%) |
| 3BR | $3,299 | $3,500 | −$201 (-5.7%) |
| 4BR | $2,886 | $4,250 | −$1,363 (-32.1%) |
| 4BR | $3,443 | $4,250 | −$806 (-19.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.