Monthly Rent Report
Murray Hill Rent Report — February 2023
Asking rents in ZIP 10016, New York City, from 520 listings.
Median 1BR rent in Murray Hill was $4,600 in February 2023, up 11.5% (+$475) from January 2023. The middle half of 1BR listings asked between $3,970 and $5,557. That puts Murray Hill $2,401 above the New York City citywide 1BR median of $2,200. The month's figures are based on 520 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,565 | +$265 (+8.0%) | — | $2,900 – $4,295 | 53 |
| Studio | $4,400 | +$1,100 (+33.3%) | — | $4,400 – $4,400 | 1 |
| Studio | $3,000 | −$300 (-9.1%) | — | $2,473 – $3,383 | 51 |
| 1BR | $4,600 | +$475 (+11.5%) | — | $3,970 – $5,557 | 76 |
| 1BR | $4,510 | +$385 (+9.3%) | — | $4,308 – $4,821 | 12 |
| 1BR | $3,998 | −$128 (-3.1%) | — | $3,271 – $4,761 | 104 |
| 2BR | $6,825 | −$125 (-1.8%) | — | $5,778 – $8,920 | 70 |
| 2BR | $6,913 | −$37 (-0.5%) | — | $6,913 – $6,913 | 1 |
| 2BR | $4,995 | −$1,955 (-28.1%) | — | $4,100 – $6,950 | 77 |
| 3BR | $7,995 | +$1,082 (+15.7%) | — | $6,600 – $10,500 | 25 |
| 3BR | $6,500 | −$413 (-6.0%) | — | $5,500 – $7,816 | 41 |
| 3BR | $6,384 | −$529 (-7.7%) | — | $6,384 – $6,384 | 1 |
| 4BR | $6,496 | −$2,369 (-26.7%) | — | $6,496 – $6,496 | 1 |
| 4BR | $4,825 | −$4,040 (-45.6%) | — | $4,650 – $6,973 | 3 |
| 4BR | $11,500 | +$2,635 (+29.7%) | — | $11,500 – $11,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — February 2023
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,565 | $2,260 | +$1,305 (+57.7%) |
| Studio | $4,400 | $2,260 | +$2,140 (+94.7%) |
| Studio | $3,000 | $2,260 | +$740 (+32.7%) |
| 1BR | $4,600 | $2,200 | +$2,401 (+109.1%) |
| 1BR | $4,510 | $2,200 | +$2,311 (+105.0%) |
| 1BR | $3,998 | $2,200 | +$1,798 (+81.7%) |
| 2BR | $6,825 | $2,695 | +$4,130 (+153.2%) |
| 2BR | $6,913 | $2,695 | +$4,218 (+156.5%) |
| 2BR | $4,995 | $2,695 | +$2,300 (+85.3%) |
| 3BR | $7,995 | $3,200 | +$4,795 (+149.8%) |
| 3BR | $6,500 | $3,200 | +$3,300 (+103.1%) |
| 3BR | $6,384 | $3,200 | +$3,184 (+99.5%) |
| 4BR | $6,496 | $3,800 | +$2,696 (+70.9%) |
| 4BR | $4,825 | $3,800 | +$1,025 (+27.0%) |
| 4BR | $11,500 | $3,800 | +$7,700 (+202.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.