Rental market snapshot for Morris Heights, Bronx

Morris Heights rental market summary

The rental market in Morris Heights, New York is showing signs of growth. On July 31, 2023, there were 16 new listings, a significant increase from the previous month. The median rent in Morris Heights has also increased significantly, with a 9.3% increase from June 30, 2023 to July 31, 2023, and a 55.3% increase from July 31, 2022 to July 31, 2023. This indicates that the rental market in Morris Heights is becoming increasingly competitive, with more people looking to rent in the area and landlords able to charge higher prices for their properties.

The increasing demand for rental properties in Morris Heights is likely due to the area's close proximity to New York City and its many attractions. With more people looking to live in the area, landlords are able to charge higher prices for their properties and the rental market is becoming increasingly competitive. This is great news for landlords, but it could mean that tenants may have to pay more for their rental properties in the future.

Median rent for all residential properties in Morris Heights

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The most expensive listings and top trending buildings in Morris Heights

Most Expensive Listings

AddressRent PriceBed / Bath
1720 Popham Ave$7,9007 / 5.0
1600 Sedgwick Ave$2,7873 / 1.0
71 W 174th St$2,5552 / 1.0
71 W 174th St$2,5502 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$1,500

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Bedroom Breakdown in Morris Heights

Studio
$1,495
MEDIAN RENT
1 Bedroom
$1,500
MEDIAN RENT
2 Bedroom
$2,500
MEDIAN RENT

Morris Heights neighborhood apartments rents

The rental market for studios in Morris Heights, New York appears to be relatively stable, with only one new studio listing in April 2023. The median rent for studios in April 2023 was $1,495, though the median rent for studios in March 2023 is not available. Therefore, it is not possible to determine the percent change in rent from March 2023 to April 2023. Overall, the rental market for studios in Morris Heights appears to be relatively stable.

The rental market for 1-bedroom apartments in Morris Heights, New York appears to be stable, with only one new listing in April 2023 and a median rent of $1,500. Unfortunately, no data is available for the median rent in March 2023 or the percent change in rent from March to April, so it is difficult to draw any conclusions about the rental market in the area.

The rental market for 2-bedroom apartments in Morris Heights, New York is expected to remain steady in December 2022, with three new listings entering the market. The median rent for 2-bedroom apartments is estimated to be $2,500, which is unchanged from the previous month. With a limited number of new listings and no change in rent, the rental market for 2-bedroom apartments in Morris Heights is likely to remain stable in the near future.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Morris Heights is $2,787.
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