Port Morris and Mott Haven in The Bronx were the two New York neighborhoods with the quickest growing rent this fall, a new report from Zumper found. Since last quarter, prices grew in Port Morris 11.9 percent and in Mott Haven 9 percent, bringing the neighborhood’s median rental price to $1,790 and $1,700, respectively. Meanwhile, just north of the two South Bronx neighborhoods, the neighboring Woodstock saw the largest dip in rent of 10.8 percent to $1,400.
It’s more of the same in Manhattan’s most expensive neighborhoods. Tribeca still reigns as Manhattan’s priciest ‘hood to rent in, with the median rent coming in at $4,000. It’s followed by Greenwich Village ($3,800), and Chelsea ($3,690).
In Brooklyn, the fastest growing rent was in Windsor Terrace, where rents increased nearly 6 percent from the third quarter to $2,325. Ocean Hill and Borough Park saw the largest decrease in rents, down over 12 percent to $1,600 and $1,850.
Surprise, surprise: DUMBO is still Brooklyn’s priciest neighborhood to rent in, where the median rent is now $3,910. Vinegar Hill trailed at $3,550, followed by Downtown Brooklyn ($3,050), Brooklyn Heights ($3,000), and Boerum Hill ($2,900).