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These days, finding an affordable place to live in the Morningside Heights area can be challenging. Home prices in Morningside Heights are now at a median cost of $1,034,258, lower than the Manhattan average of $1,108,809.
The average cost of rent is $2,157/mo in Morningside Heights, primarily driven by the current value of real estate in the Morningside Heights area. In Morningside Heights, 76.13% of households rent, and 63.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morningside Heights is $8,424 per month. Households that rent pay about 25.60% of their income on rent here. Morningside Heights’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Harlem, Manhattan, NY: less expensive homes
- Hamilton Heights, Manhattan, NY: less expensive homes
- East Harlem, Manhattan, NY: less expensive homes
- Yorkville, Manhattan, NY: higher priced homes
- Upper West Side, Manhattan, NY: higher priced homes
- Carnegie Hill, Manhattan, NY: higher priced homes
- Mott Haven, Bronx, NY: less expensive homes
- Upper East Side, Manhattan, NY: higher priced homes
- Highbridge, Bronx, NY: less expensive homes
- Washington Heights, Manhattan, NY: less expensive homes
Neighborhoods with Similar Populations
- Green Valley North, Henderson, NV: less expensive homes
- Kings Bridge, Bronx, NY: less expensive homes
- West Flagler, Miami, FL: less expensive homes
- West Los Angeles, Los Angeles, CA: higher priced homes
- Irving Park, Chicago, IL: less expensive homes
- Inwood, Manhattan, NY: less expensive homes
- Inner Richmond, San Francisco, CA: higher priced homes
- Hyde Park, Los Angeles, CA: less expensive homes
- West Omaha, Omaha, NE: less expensive homes
- Hollywood Hills, Los Angeles, CA: higher priced homes
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