Average rent climbs slightly across select Bronx neighborhoods, report shows

The average rental price across four Bronx neighborhoods saw a slight year-over-year uptick in March 2025, according to a new market report by real estate firm M.N.S. Real Estate.The study, which analyzed trends in Concourse/Highbridge, Morris Heights/University Heights, Mott Haven and Riverdale, found that average rents across all unit types rose 1.56%—from $2,421 in March 2024 to $2,459 last month.While one-bedroom and two-bedroom units experienced moderate gains, stu