Monthly Rent Report
Murray Hill Rent Report — September 2023
Asking rents in ZIP 10016, New York City, from 91 listings.
Median 1BR rent in Murray Hill was $4,950 in September 2023, up 13.8% (+$600) from August 2023. The middle half of 1BR listings asked between $3,750 and $4,950. That puts Murray Hill $2,450 above the New York City citywide 1BR median of $2,500. The month's figures are based on 91 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,905 | −$561 (-12.6%) | — | $3,905 – $3,905 | 1 |
| Studio | $3,723 | −$743 (-16.6%) | — | $3,313 – $4,203 | 12 |
| Studio | $3,499 | −$967 (-21.7%) | — | $2,950 – $3,675 | 8 |
| 1BR | $4,950 | +$600 (+13.8%) | — | $3,750 – $4,950 | 9 |
| 1BR | $4,545 | +$195 (+4.5%) | — | $4,120 – $4,970 | 2 |
| 1BR | $4,500 | +$150 (+3.4%) | — | $4,075 – $4,998 | 19 |
| 2BR | $5,920 | −$629 (-9.6%) | — | $5,920 – $5,920 | 1 |
| 2BR | $8,150 | +$1,601 (+24.4%) | — | $5,790 – $8,350 | 20 |
| 2BR | $6,500 | −$49 (-0.7%) | — | $6,500 – $6,500 | 1 |
| 3BR | $6,000 | −$1,500 (-20.0%) | — | $6,000 – $6,125 | 3 |
| 3BR | $8,010 | +$510 (+6.8%) | — | $7,700 – $8,700 | 5 |
| 3BR | $7,850 | +$350 (+4.7%) | — | $7,278 – $8,370 | 4 |
| 4BR | $9,445 | +$543 (+6.1%) | — | $9,445 – $9,445 | 1 |
| 4BR | $9,000 | +$98 (+1.1%) | — | $9,000 – $9,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — September 2023
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,905 | $2,400 | +$1,505 (+62.7%) |
| Studio | $3,723 | $2,400 | +$1,323 (+55.1%) |
| Studio | $3,499 | $2,400 | +$1,099 (+45.8%) |
| 1BR | $4,950 | $2,500 | +$2,450 (+98.0%) |
| 1BR | $4,545 | $2,500 | +$2,045 (+81.8%) |
| 1BR | $4,500 | $2,500 | +$2,000 (+80.0%) |
| 2BR | $5,920 | $3,000 | +$2,920 (+97.3%) |
| 2BR | $8,150 | $3,000 | +$5,150 (+171.7%) |
| 2BR | $6,500 | $3,000 | +$3,500 (+116.7%) |
| 3BR | $6,000 | $3,500 | +$2,500 (+71.4%) |
| 3BR | $8,010 | $3,500 | +$4,510 (+128.9%) |
| 3BR | $7,850 | $3,500 | +$4,350 (+124.3%) |
| 4BR | $9,445 | $4,325 | +$5,120 (+118.4%) |
| 4BR | $9,000 | $4,325 | +$4,675 (+108.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.