Monthly Rent Report
Morrisania Rent Report — August 2024
Asking rents in ZIP 10456, New York City, from 16 listings.
Median 1BR rent in Morrisania was $1,600 in August 2024, down 30.4% (−$700) from July 2024 and down 19.8% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Morrisania $790 below the New York City citywide 1BR median of $2,390. The month's figures are based on 16 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,550 | −$146 (-5.4%) | +$314 (+14.0%) | $2,538 – $2,575 | 3 |
| 1BR | $1,600 | −$700 (-30.4%) | −$395 (-19.8%) | $1,600 – $1,600 | 1 |
| 2BR | $2,800 | +$405 (+16.9%) | +$23 (+0.8%) | $2,800 – $2,800 | 1 |
| 3BR | $3,600 | +$305 (+9.3%) | +$600 (+20.0%) | $3,084 – $3,689 | 7 |
| 4BR | $3,606 | +$706 (+24.3%) | +$59 (+1.6%) | $3,606 – $3,722 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Morrisania vs. New York City — August 2024
| Bedrooms | Morrisania Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,550 | $2,500 | +$50 (+2.0%) |
| 1BR | $1,600 | $2,390 | −$790 (-33.1%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.4%) |
| 3BR | $3,600 | $3,603 | −$3 (-0.1%) |
| 4BR | $3,606 | $4,225 | −$619 (-14.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.