Morningside Heights Market Trends

Morningside Heights is a neighborhood of the Borough of Manhattan in New York City and is chiefly known as the home of institutions such as Columbia University, Teachers College, Barnard College, the Manhattan School of Music, Bank Street College of Education, "Grant's Tomb", the Cathedral of Saint John the Divine, the Riverside Church, the Broadway Presbyterian Church, Union Theological Seminary in the City of New York, Jewish Theological Seminary of America, Interchurch Center and St. Luke's Hospital. Because of the number of educational institutions in the neighborhood, its nickname is the Academic Acropolis.
Morningside Heights is part of the Upper West Side. However, it has been described as part of "Greater Harlem". Some claim the Upper West Side goes no farther north than 110th Street, but this is not the case. Morningside Heights is bounded by Morningside Park to the east, Harlem to the north, and Riverside Park to the west. The streets that form its boundaries are 110th Street on the south, Riverside Drive on the west, 125th Street on the north, and Morningside Drive to the east. The main thoroughfare is Broadway. With the recent gentrification of Bloomingdale, the neighborhood immediately to the south of Morningside Heights, the southern boundary of this region is sometimes stretched to 106th Street and at times even 96th Street.

Currently, the average rents in this neighborhood are approximately:

Bedrooms Average Rent
Studios $2,588
1 bedroom $2,765
2 bedrooms $3,026
3 bedrooms $4,053
Listing Price Bed/Bath

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