Monthly Rent Report
Morrisania Rent Report — May 2024
Asking rents in ZIP 10456, New York City, from 197 listings.
Median 1BR rent in Morrisania was $1,100 in May 2024, down 44.9% (−$895) from April 2024 and down 39.7% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,100. That puts Morrisania $1,325 below the New York City citywide 1BR median of $2,425. The month's figures are based on 197 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,085 | −$399 (-16.1%) | +$160 (+8.3%) | $1,750 – $2,512 | 26 |
| Studio | $1,609 | −$875 (-35.2%) | −$316 (-16.4%) | $1,609 – $1,609 | 1 |
| 1BR | $1,100 | −$895 (-44.9%) | −$725 (-39.7%) | $1,100 – $1,100 | 1 |
| 1BR | $2,125 | +$130 (+6.5%) | +$300 (+16.4%) | $1,995 – $2,125 | 56 |
| 2BR | $2,395 | +$241 (+11.2%) | +$100 (+4.4%) | $2,395 – $2,500 | 49 |
| 2BR | $2,500 | +$346 (+16.1%) | +$205 (+8.9%) | $2,500 – $2,500 | 2 |
| 3BR | $3,200 | −$400 (-11.1%) | +$50 (+1.6%) | $3,200 – $3,200 | 1 |
| 3BR | $3,450 | −$150 (-4.2%) | +$300 (+9.5%) | $3,025 – $3,606 | 33 |
| 4BR | $3,784 | +$84 (+2.3%) | +$898 (+31.1%) | $3,100 – $3,868 | 10 |
| 4BR | $3,784 | +$84 (+2.3%) | +$898 (+31.1%) | $3,100 – $3,868 | 10 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Morrisania vs. New York City — May 2024
| Bedrooms | Morrisania Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,085 | $2,350 | −$265 (-11.3%) |
| Studio | $1,609 | $2,350 | −$741 (-31.5%) |
| 1BR | $1,100 | $2,425 | −$1,325 (-54.6%) |
| 1BR | $2,125 | $2,425 | −$300 (-12.4%) |
| 2BR | $2,395 | $2,914 | −$518 (-17.8%) |
| 2BR | $2,500 | $2,914 | −$413 (-14.2%) |
| 3BR | $3,200 | $3,600 | −$400 (-11.1%) |
| 3BR | $3,450 | $3,600 | −$150 (-4.2%) |
| 4BR | $3,784 | $4,250 | −$466 (-11.0%) |
| 4BR | $3,784 | $4,250 | −$466 (-11.0%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.