Average Rent in Morningside Heights, New York, NY

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Current Versus Historical Morningside Heights, New York, NY Rents

Morningside Heights rentals average $3,100 for a studio rental to $3,888 for a 4-bedroom rental. The median price of all currently available listings is $3,700, or roughly $5 per square feet.
For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have decreased by $45 (-1.10%) year-over-year from $4,050 to $4,005. 1-bedroom rentals prices have increased by $250 (7.04%) year-over-year from $3,550 to $3,800. 2-bedroom rentals prices have decreased by $276 (-4.69%) year-over-year from $5,876 to $5,600. 3-bedroom rentals prices have increased by $168 (3.16%) year-over-year from $5,332 to $5,500. 4-bedroom rentals prices have decreased by $1,767 (-31.74%) year-over-year from $5,567 to $3,800. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 2.60% this month. 1-bedroom rents have gone down by 13.63% this month. 2-bedroom rents have gone up by 23.08% this month. 3-bedroom rents have gone up by 10.74% this month. 4-bedroom rents have gone down by 1.72% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $10.24 $4,005 $4,050 (-1.10%) $2,868 (39.64%)
1 BR $6.02 $3,800 $3,550 (7.04%) $2,412 (57.52%)
2 BR $4.35 $5,600 $5,876 (-4.69%) $2,894 (93.48%)
3 BR $5.71 $5,500 $5,332 (3.16%) $3,493 (57.46%)
4+ BR N/A $3,800 $5,567 (-31.74%) $3,611 (5.23%)

Historical Rents in Morningside Heights, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Morningside Heights

There are a total of 32 cities nearby Morningside Heights. The average rent in Morningside Heights is currently $3,309 per month. A total of 19 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,950, is the most affordable city nearby. In contrast, the most expensive city near Morningside Heights, New York, NY is Westport, CT. Monthly rents here are on average $16,000 per month.

Let's compare Morningside Heights, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Morningside Heights, New York, NY is 43.95% more expensive than other cities nearby. One bedrooms are about 23.38% more expensive. Two bedrooms in Morningside Heights, New York, NY are about 16.12% more expensive. Finally, rent for three bedrooms are about 3.85% more affordable. Want more information? Check out the top 10 cities out of 32 total cities near Morningside Heights, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Jersey City, NJ $2,700 $2,700 $2,650 $2,700
West New York, NJ $1,850 $2,550 $2,850 $2,700
Yonkers, NY $2,200 $2,298 $2,623 $2,773
Union City, NJ $1,900 $2,100 $2,750 $2,775
Fort Lee, NJ $1,450 $2,250 $3,050 $2,975
New Rochelle, NY $2,200 $2,763 $3,275 $3,000
Cliffside Park, NJ N/A $2,150 $3,300 $3,100
Hoboken, NJ $3,063 $3,200 $4,200 $3,700
Palisades Park, NJ N/A $1,975 $2,625 $3,750
New York, NY $3,500 $4,200 $5,100 $4,400

Top Neighborhoods Near Morningside Heights

There are a total of 52 neighborhoods in or near Morningside Heights. Some of these neighborhoods include The Heights, Washington Heights, and Astoria. We've included the top 30 neighborhoods out of 52 total neighborhoods in or near Morningside Heights, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Morningside Heights, New York, NY is currently around $4,330 per month. A total of 21 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $4,330. Interestingly, the neighborhoods' average rent is higher than Morningside Heights's average rent, which is only $3,700. Out of all the neighborhoods in or near Morningside Heights, East Side has the most affordable average rent at $1,900 per month. Whereas, at $8,250 average rent per month, Ocean Beach is the most expensive neighborhood in or near Morningside Heights. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
The Heights, Jersey City, NJ N/A $2,300 $2,605 $2,700
Washington Heights, New York, NY $2,100 $2,200 $2,990 $3,200
Astoria, New York, NY $2,729 $2,800 $3,600 $3,200
Mott Haven, New York, NY $2,994 $3,154 $3,684 $3,249
Central Harlem, New York, NY $2,250 $3,100 $3,500 $3,300
East Harlem, New York, NY $2,750 $3,000 $3,195 $3,395
Harlem, New York, NY $2,595 $3,000 $3,300 $3,425
West Harlem, New York, NY $2,595 $2,888 $3,548 $3,538
Bowery, New York, NY $2,870 $3,995 $4,373 $3,995
Upper East Side, New York, NY $2,975 $3,495 $4,950 $4,000
Long Island City, New York, NY $3,323 $4,050 $5,895 $4,050
NoLita, New York, NY $3,795 $4,495 $5,600 $4,495
East Village, New York, NY $2,650 $3,600 $4,495 $4,495
Hell's Kitchen, New York, NY $3,500 $4,030 $6,142 $4,500
Midtown East, New York, NY $3,550 $4,200 $5,595 $4,598
West Village, New York, NY $4,750 $4,650 $6,750 $4,750
Murray Hill, New York, NY $3,501 $4,261 $6,415 $4,750
Greenwich Village, New York, NY $4,000 $4,800 $5,075 $4,800
Kips Bay, New York, NY $3,800 $4,050 $5,280 $4,865
Upper West Side, New York, NY $3,215 $4,500 $6,871 $4,972
Hudson Yards, New York, NY $3,740 $4,380 $6,950 $4,998
Flatiron District, New York, NY $4,050 $5,898 $8,571 $5,175
Chelsea, New York, NY $3,800 $5,495 $7,925 $5,200
Greenpoint, New York, NY $3,489 $4,308 $5,650 $5,200
Midtown South, New York, NY $3,655 $4,995 $6,995 $5,200
NoMad, New York, NY $4,444 $5,596 $8,506 $5,610
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,082 $6,179 $5,661
Midtown, New York, NY $3,550 $4,400 $6,930 $6,195
Gramercy Park, New York, NY $3,815 $5,131 $5,312 $6,395
SoHo, New York, NY $4,700 $4,448 $13,000 $7,500

Top Counties Near Morningside Heights

There are a total of 52 counties located by Morningside Heights, New York, NY. Some of these counties include Jersey City, NJ, West New York, NJ, and Yonkers, NY. The average rent for rentals in these counties is $3,700. That's roughly around $3 per sqft. A total of 21 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,950. Vice versa, with an average rent of $16,000, Westport, CT is the most expensive county by Morningside Heights, New York, NY.

Typically, rent for studios in Morningside Heights, New York, NY is 37.10% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Morningside Heights, New York, NY is 16.17% more expensive than other counties nearby. Finally, rent for two bedrooms in Morningside Heights, New York, NY is 15.79% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Jersey City, NJ $2,700 $2,700 $2,650 $2,700
West New York, NJ $1,850 $2,550 $2,850 $2,700
Yonkers, NY $2,200 $2,298 $2,623 $2,773
North Bergen, NJ $2,149 $2,100 $2,875 $2,800
Fort Lee, NJ $1,450 $2,250 $3,050 $2,975
Bronx, New York, NY $2,550 $2,471 $2,762 $3,060
Cliffside Park, NJ N/A $2,150 $3,300 $3,100
Hoboken, NJ $3,063 $3,200 $4,200 $3,700
Palisades Park, NJ N/A $1,975 $2,625 $3,750
Manhattan, New York, NY $3,555 $4,383 $5,600 $4,600

Top Zipcodes Near Morningside Heights

There are a total of 50 zipcodes in or near Morningside Heights, New York, NY. The average rent for all of these zipcodes is $4,495. A total of 12 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07756, Ocean Grove, NJ at $3,000 per month. In comparison, the zipcode with the most expensive average rent of $7,750 per month is 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,355. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Morningside Heights, New York, NY is $4,106 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,498 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Morningside Heights, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10027, New York, NY $2,633 $2,700 $3,700 $3,575
10025, New York, NY $3,125 $4,075 $5,395 $4,665
10024, New York, NY $2,991 $4,626 $7,300 $5,300
10031, New York, NY $2,595 $2,850 $3,280 $3,395
10029, New York, NY $2,863 $3,000 $3,195 $3,279
10128, New York, NY $3,395 $3,650 $5,675 $4,000
10032, New York, NY $2,495 $2,595 $3,149 $3,500
10028, New York, NY $2,595 $3,250 $4,000 $4,000
10023, New York, NY $3,363 $4,895 $8,098 $5,200
10075, New York, NY $2,495 $3,048 $3,500 $3,200

Frequently Asked Questions - Morningside Heights Average Rents

What is the average rent price in Morningside Heights, New York, NY?
The average monthly rental price for Morningside Heights, New York, NY apartments for rent is approximately $3,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Morningside Heights, New York, NY rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Morningside Heights, New York, NY.
How much is a studio apartment in Morningside Heights, New York, NY?
The average monthly rental price for studio apartments is $3,100 and an average price per square feet of $10.24. There are a total of 8 studio apartment listings currently available for rent in Morningside Heights.
How much is a one bedroom apartment in Morningside Heights, New York, NY?
The average monthly rental price for one bedroom apartments is $3,000 and an average price per square feet of $6.02. There are a total of 17 one bedroom apartment listings currently available for rent in Morningside Heights.
How much is a two bedroom apartment in Morningside Heights, New York, NY?
The average monthly rental price for two bedroom apartments is $3,800 and an average price per square feet of $4.35. There are a total of 26 two bedroom apartment listings currently available for rent in Morningside Heights.
How have rent prices in Morningside Heights, New York, NY changed this year?
Rent prices for rentals in Morningside Heights, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.01%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by 0.03% year-over-year.
What is a reasonable rent price in Morningside Heights, New York, NY?
A reasonable rent price in Morningside Heights, New York, NY is around $2,960/month. You can search for these reasonably priced rental listings on RentHop.
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