Monthly Rent Report
Murray Hill Rent Report — April 2023
Asking rents in ZIP 10016, New York City, from 996 listings.
Median 1BR rent in Murray Hill was $4,821 in April 2023, up 17.4% (+$715) from March 2023. The middle half of 1BR listings asked between $4,555 and $5,145. That puts Murray Hill $2,449 above the New York City citywide 1BR median of $2,373. The month's figures are based on 996 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,295 | −$541 (-14.1%) | — | $3,125 – $3,935 | 38 |
| Studio | $3,800 | −$36 (-0.9%) | — | $3,175 – $4,423 | 124 |
| Studio | $3,250 | −$586 (-15.3%) | — | $3,250 – $3,250 | 1 |
| 1BR | $4,821 | +$715 (+17.4%) | — | $4,555 – $5,145 | 17 |
| 1BR | $4,499 | +$393 (+9.6%) | — | $3,927 – $4,972 | 92 |
| 1BR | $4,450 | +$344 (+8.4%) | — | $3,950 – $5,040 | 295 |
| 2BR | $7,410 | +$1,660 (+28.9%) | — | $7,335 – $8,444 | 9 |
| 2BR | $5,830 | +$80 (+1.4%) | — | $4,500 – $7,781 | 233 |
| 2BR | $6,027 | +$277 (+4.8%) | — | $5,374 – $8,500 | 56 |
| 3BR | $15,039 | +$7,808 (+108.0%) | — | $15,039 – $15,039 | 1 |
| 3BR | $6,500 | −$731 (-10.1%) | — | $5,600 – $8,090 | 89 |
| 3BR | $7,314 | +$82 (+1.1%) | — | $6,300 – $8,098 | 20 |
| 4BR | $7,568 | −$7,130 (-48.5%) | — | $6,324 – $8,811 | 2 |
| 4BR | $12,000 | −$2,697 (-18.4%) | — | $5,748 – $15,998 | 11 |
| 4BR | $8,750 | −$5,947 (-40.5%) | — | $7,325 – $10,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — April 2023
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,295 | $2,349 | +$946 (+40.3%) |
| Studio | $3,800 | $2,349 | +$1,451 (+61.8%) |
| Studio | $3,250 | $2,349 | +$901 (+38.4%) |
| 1BR | $4,821 | $2,373 | +$2,449 (+103.2%) |
| 1BR | $4,499 | $2,373 | +$2,126 (+89.6%) |
| 1BR | $4,450 | $2,373 | +$2,078 (+87.6%) |
| 2BR | $7,410 | $2,795 | +$4,615 (+165.1%) |
| 2BR | $5,830 | $2,795 | +$3,035 (+108.6%) |
| 2BR | $6,027 | $2,795 | +$3,232 (+115.6%) |
| 3BR | $15,039 | $3,200 | +$11,839 (+370.0%) |
| 3BR | $6,500 | $3,200 | +$3,300 (+103.1%) |
| 3BR | $7,314 | $3,200 | +$4,114 (+128.5%) |
| 4BR | $7,568 | $4,148 | +$3,420 (+82.5%) |
| 4BR | $12,000 | $4,148 | +$7,853 (+189.3%) |
| 4BR | $8,750 | $4,148 | +$4,603 (+111.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.