Monthly Rent Report
Murray Hill Rent Report — July 2023
Asking rents in ZIP 10016, New York City, from 333 listings.
Median 1BR rent in Murray Hill was $3,695 in July 2023, down 28.2% (−$1,448) from June 2023. The middle half of 1BR listings asked between $3,695 and $3,695. That puts Murray Hill $1,245 above the New York City citywide 1BR median of $2,450. The month's figures are based on 333 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,090 | +$565 (+16.0%) | — | $4,090 – $4,090 | 1 |
| Studio | $3,548 | +$23 (+0.6%) | — | $3,199 – $4,225 | 64 |
| Studio | $4,145 | +$620 (+17.6%) | — | $3,600 – $4,421 | 5 |
| 1BR | $3,695 | −$1,448 (-28.2%) | — | $3,695 – $3,695 | 2 |
| 1BR | $5,130 | −$13 (-0.3%) | — | $4,647 – $5,834 | 23 |
| 1BR | $4,935 | −$208 (-4.1%) | — | $3,971 – $5,473 | 112 |
| 2BR | $6,995 | +$498 (+7.7%) | — | $4,995 – $7,995 | 69 |
| 2BR | $6,695 | +$198 (+3.0%) | — | $6,595 – $6,795 | 2 |
| 2BR | $8,084 | +$1,587 (+24.4%) | — | $7,394 – $8,774 | 11 |
| 3BR | $15,039 | +$7,039 (+88.0%) | — | $15,039 – $15,039 | 1 |
| 3BR | $8,270 | +$270 (+3.4%) | — | $7,350 – $10,375 | 17 |
| 3BR | $8,964 | +$964 (+12.0%) | — | $8,910 – $11,376 | 3 |
| 4BR | $9,500 | −$6,500 (-40.6%) | — | $8,775 – $15,655 | 11 |
| 4BR | $5,110 | −$10,890 (-68.1%) | — | $4,890 – $7,580 | 3 |
| 4BR | $9,150 | −$6,850 (-42.8%) | — | $8,975 – $9,325 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — July 2023
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,090 | $2,498 | +$1,593 (+63.8%) |
| Studio | $3,548 | $2,498 | +$1,050 (+42.0%) |
| Studio | $4,145 | $2,498 | +$1,648 (+66.0%) |
| 1BR | $3,695 | $2,450 | +$1,245 (+50.8%) |
| 1BR | $5,130 | $2,450 | +$2,680 (+109.4%) |
| 1BR | $4,935 | $2,450 | +$2,485 (+101.4%) |
| 2BR | $6,995 | $2,800 | +$4,195 (+149.8%) |
| 2BR | $6,695 | $2,800 | +$3,895 (+139.1%) |
| 2BR | $8,084 | $2,800 | +$5,284 (+188.7%) |
| 3BR | $15,039 | $3,400 | +$11,639 (+342.4%) |
| 3BR | $8,270 | $3,400 | +$4,870 (+143.3%) |
| 3BR | $8,964 | $3,400 | +$5,564 (+163.7%) |
| 4BR | $9,500 | $4,200 | +$5,300 (+126.2%) |
| 4BR | $5,110 | $4,200 | +$910 (+21.7%) |
| 4BR | $9,150 | $4,200 | +$4,950 (+117.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.