Rental market snapshot for Morris Park, Bronx
Morris Park rental market summary
The rental market in Morris Park, New York is showing signs of growth. In July 2023, there were 82 new listings, a significant increase from the previous month. The median rent also increased from $2,575 in June 2023 to $2,600 in July 2023, representing a 1.0% increase. This is a significant improvement from the median rent of $2,199 in July 2022, which is an 18.2% increase.
Overall, the rental market in Morris Park, New York is on the rise. With more new listings and an increase in median rent, the area is becoming a more attractive option for renters. With the current trends, it is likely that the rental market in Morris Park will continue to grow in the coming months.
Median rent for all residential properties in Morris Park
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The most expensive listings and top trending buildings in Morris Park
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2132 Tomlinson Ave | $4,500 | 4 / 2.0 |
| 2109 Paulding Ave | $4,000 | 3 / 2.5 |
| 368 Bronx Park Ave | $3,647 | 4 / 1.0 |
| 1842 Unionport Rd | $3,100 | 3 / 2.0 |
| 1054 Lydig Ave | $2,800 | 3 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,867 |
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Bedroom Breakdown in Morris Park
Morris Park neighborhood apartments rents
The rental market for studios in Morris Park, New York appears to be relatively stable, with only one new studio listing in May 2023. The median rent for studios in May 2023 was $1,626, 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 May 2023. Overall, the rental market for studios in Morris Park appears to be relatively stable.
The rental market for 1-bedroom apartments in Morris Park, New York is relatively stable. In May 2023, there were two new 1-bedroom listings, and the median rent for 1-bedroom apartments was $1,867, only a .9% increase from the median rent in April 2023. This suggests that the rental market in Morris Park is not experiencing significant fluctuations in rent prices, and that the market is relatively stable.
The rental market for 2-bedroom apartments in Morris Park, New York is relatively stable. In May 2023, there was only one new listing, and the median rent was $2,500, which was 16.7% lower than the median rent in April 2023. This suggests that the rental market is not experiencing any significant changes in terms of pricing or availability.