Monthly Rent Report
Murray Hill Rent Report — March 2023
Asking rents in ZIP 10016, New York City, from 823 listings.
Median 1BR rent in Murray Hill was $4,348 in March 2023, up 8.8% (+$351) from February 2023. The middle half of 1BR listings asked between $3,856 and $5,068. That puts Murray Hill $2,049 above the New York City citywide 1BR median of $2,299. The month's figures are based on 823 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,205 | +$205 (+6.8%) | — | $2,850 – $3,615 | 47 |
| Studio | $3,500 | +$500 (+16.7%) | — | $3,000 – $4,253 | 90 |
| Studio | $3,836 | +$836 (+27.9%) | — | $3,743 – $3,919 | 3 |
| 1BR | $4,348 | +$351 (+8.8%) | — | $3,856 – $5,068 | 194 |
| 1BR | $4,106 | +$109 (+2.7%) | — | $3,738 – $4,902 | 124 |
| 1BR | $5,304 | +$1,307 (+32.7%) | — | $4,500 – $6,109 | 2 |
| 2BR | $5,350 | +$355 (+7.1%) | — | $3,900 – $6,698 | 79 |
| 2BR | $6,913 | +$1,918 (+38.4%) | — | $6,913 – $6,913 | 1 |
| 2BR | $5,750 | +$755 (+15.1%) | — | $4,283 – $6,902 | 174 |
| 3BR | $7,232 | +$848 (+13.3%) | — | $5,563 – $9,750 | 28 |
| 3BR | $6,500 | +$116 (+1.8%) | — | $5,800 – $8,422 | 50 |
| 3BR | $9,455 | +$3,071 (+48.1%) | — | $9,455 – $9,455 | 1 |
| 4BR | $8,750 | +$3,925 (+81.3%) | — | $5,000 – $14,374 | 4 |
| 4BR | $14,698 | +$9,873 (+204.6%) | — | $12,963 – $16,496 | 10 |
| 4BR | $5,000 | +$175 (+3.6%) | — | $5,000 – $7,950 | 5 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — March 2023
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,205 | $2,200 | +$1,005 (+45.7%) |
| Studio | $3,500 | $2,200 | +$1,300 (+59.1%) |
| Studio | $3,836 | $2,200 | +$1,636 (+74.4%) |
| 1BR | $4,348 | $2,299 | +$2,049 (+89.1%) |
| 1BR | $4,106 | $2,299 | +$1,807 (+78.6%) |
| 1BR | $5,304 | $2,299 | +$3,005 (+130.7%) |
| 2BR | $5,350 | $2,650 | +$2,700 (+101.9%) |
| 2BR | $6,913 | $2,650 | +$4,263 (+160.9%) |
| 2BR | $5,750 | $2,650 | +$3,100 (+117.0%) |
| 3BR | $7,232 | $3,200 | +$4,032 (+126.0%) |
| 3BR | $6,500 | $3,200 | +$3,300 (+103.1%) |
| 3BR | $9,455 | $3,200 | +$6,255 (+195.5%) |
| 4BR | $8,750 | $3,995 | +$4,755 (+119.0%) |
| 4BR | $14,698 | $3,995 | +$10,703 (+267.9%) |
| 4BR | $5,000 | $3,995 | +$1,005 (+25.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.