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Affordable
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These days, finding an affordable place to live in the Morrison Heights area can be challenging. Home prices in Morrison Heights are now at a median cost of $425,461, lower than the New York average of $610,895.
The average cost of rent is $1,548/mo in Morrison Heights, primarily driven by the current value of real estate in the Morrison Heights area. In Morrison Heights, 9.86% of households rent, and 35.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morrison Heights is $15,708 per month. Households that rent pay about 9.86% of their income on rent here. Morrison Heights’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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