Monthly Rent Report

Murray Hill Rent Report — June 2023

Asking rents in ZIP 10016, New York City, from 899 listings.

Median 1BR rent in Murray Hill was $4,640 in June 2023, down 0.1% (−$5) from May 2023. The middle half of 1BR listings asked between $4,640 and $4,640. That puts Murray Hill $2,153 above the New York City citywide 1BR median of $2,488. The month's figures are based on 899 listings across 15 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2023Vs. Year AgoP25–P75 RangeListings
Studio$4,239+$739 (+21.1%)$3,697 – $4,40212
Studio$4,245+$745 (+21.3%)$4,245 – $4,2451
Studio$3,525+$25 (+0.7%)$3,138 – $4,279164
1BR$4,640−$5 (-0.1%)$4,640 – $4,6401
1BR$4,800+$155 (+3.3%)$3,995 – $5,517333
1BR$5,144+$499 (+10.7%)$4,689 – $5,83742
2BR$7,846+$1,246 (+18.9%)$6,740 – $8,85618
2BR$6,495−$105 (-1.6%)$6,495 – $6,4951
2BR$6,498−$102 (-1.6%)$4,896 – $8,250218
3BR$9,285+$3,294 (+55.0%)$8,646 – $13,7885
3BR$6,440+$449 (+7.5%)$4,088 – $7,9548
3BR$8,000+$2,009 (+33.5%)$6,500 – $9,37578
4BR$9,000+$500 (+5.9%)$7,100 – $10,29513
4BR$10,233+$1,733 (+20.4%)$8,993 – $10,4614
4BR$16,000+$7,500 (+88.2%)$16,000 – $16,0001

Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.

Murray Hill vs. New York CityJune 2023

BedroomsMurray Hill MedianNYC Citywide MedianDifference
Studio$4,239$2,500+$1,739 (+69.6%)
Studio$4,245$2,500+$1,745 (+69.8%)
Studio$3,525$2,500+$1,025 (+41.0%)
1BR$4,640$2,488+$2,153 (+86.5%)
1BR$4,800$2,488+$2,313 (+93.0%)
1BR$5,144$2,488+$2,656 (+106.8%)
2BR$7,846$2,828+$5,017 (+177.4%)
2BR$6,495$2,828+$3,667 (+129.6%)
2BR$6,498$2,828+$3,669 (+129.7%)
3BR$9,285$3,300+$5,985 (+181.4%)
3BR$6,440$3,300+$3,140 (+95.2%)
3BR$8,000$3,300+$4,700 (+142.4%)
4BR$9,000$4,200+$4,800 (+114.3%)
4BR$10,233$4,200+$6,033 (+143.6%)
4BR$16,000$4,200+$11,800 (+281.0%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.

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