Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

DUMBO vs Morrisania

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Brooklyn|Bronx

DUMBO

Brooklyn

Morrisania

Bronx

How They Compare

For buyers focused on affordability, Morrisania has the lower median sale price at $166K vs $1.9M in DUMBO.

Investors analyzing rental yield will find Morrisania offers a stronger rent-to-price ratio based on current market data.

Commuters have more transit options in DUMBO, which is served by 6 subway lines compared to 0 in Morrisania.

Median Sale Price
$1.9M
$166K
Median Rent
$6K
$4K
Active Listings
93
2
Avg Days on Market
89 days
0 days
YoY Price Change
+3.4%
0.0%
Monthly Sales Volume
4
6

Detailed Comparison

MetricDUMBOMorrisania
Median Sale Price$1,950,000$166,215
Median Condo Price$1,950,000N/A
Median Co-op PriceN/A$166,215
Median Rent$6,250$3,550
Active Listings932
Rental Inventory1496
Days on Market890
Price Cut Share6.5%0.0%
Monthly Sales Volume46
YoY Price Change+3.4%0.0%
YoY Rent Change+17.9%+97.2%
YoY Inventory Change+1.1%-33.3%
Subway Lines2 3 A C F RN/A

Year-Over-Year Price Movement

Prices in DUMBO moved +3.4% over the past year, compared to 0.0% in Morrisania. The +3.4% gain in DUMBO reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

DUMBO

DUMBO (Down Under the Manhattan Bridge Overpass) sits between the Brooklyn and Manhattan Bridges along the East River waterfront, with a 95-building historic district of converted industrial warehouses. The housing market features spacious loft residences with exposed brick and high ceilings alongside modern luxury condominiums with skyline and waterfront views, served by the F train at York Street and the A and C at High Street. Brooklyn Bridge Park stretches along the waterfront with piers, playgrounds, and Jane's Carousel.

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Morrisania

Morrisania is a South Bronx neighborhood of prewar walk-up apartment buildings, mid-rise public housing complexes, and an increasing number of new affordable and market-rate residential developments. The 2 and 5 trains at Freeman Street and Simpson Street provide subway connections, and the 6 train is accessible at nearby Hunts Point Avenue. Crotona Park, with its 3.3-acre lake and running track, is within walking distance.

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Transit Access

DUMBO

23ACFR

York St (F) — 0.2 mi

High St (A C) — 0.3 mi

Clark St (2 3) — 0.5 mi

Court St (R) — 0.7 mi

East Broadway (F) — 0.7 mi

Morrisania

No subway data available

Active Listings

DUMBO for sale

View all DUMBO listings

Morrisania for sale

View all Morrisania listings

Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.

Frequently Asked Questions

Is DUMBO cheaper than Morrisania?
Morrisania is more affordable, with a median sale price of $166,215 vs $1,950,000 in DUMBO. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, DUMBO or Morrisania?
DUMBO has access to 6 subway lines and Morrisania has 0, making DUMBO the stronger option for transit access. Morrisania has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, DUMBO or Morrisania?
This depends on what type of home fits your household. DUMBO and Morrisania both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in DUMBO or Morrisania?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both DUMBO and Morrisania gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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