Monthly Rent Report

Murray Hill Rent Report — November 2023

Asking rents in ZIP 10016, New York City, from 945 listings.

Median 1BR rent in Murray Hill was $2,675 in November 2023, down 39.5% (−$1,750) from October 2023. The middle half of 1BR listings asked between $2,663 and $2,688. That puts Murray Hill $275 above the New York City citywide 1BR median of $2,400. The month's figures are based on 945 listings across 20 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2023Vs. Year AgoP25–P75 RangeListings
Studio$3,390−$160 (-4.5%)$2,990 – $3,800168
Studio$3,185−$365 (-10.3%)$3,018 – $3,3532
Studio$3,073−$477 (-13.5%)$3,034 – $3,1112
Studio$3,455−$95 (-2.7%)$3,333 – $3,5653
1BR$2,675−$1,750 (-39.5%)$2,663 – $2,6882
1BR$4,190−$235 (-5.3%)$3,600 – $4,798371
1BR$5,095+$670 (+15.1%)$5,045 – $5,1452
1BR$4,065−$360 (-8.1%)$3,970 – $4,1803
2BR$4,400−$2,025 (-31.5%)$4,400 – $4,4001
2BR$5,200−$1,225 (-19.1%)$5,195 – $5,8507
2BR$5,530−$895 (-13.9%)$5,530 – $5,5301
2BR$5,995−$430 (-6.7%)$4,600 – $7,500243
3BR$7,500+$605 (+8.8%)$5,000 – $7,74622
3BR$6,000−$895 (-13.0%)$5,171 – $7,50088
3BR$8,082+$1,187 (+17.2%)$8,082 – $8,0821
4BR$9,495+$505 (+5.6%)$7,995 – $12,00021
4BR$15,570+$6,580 (+73.2%)$14,000 – $16,0005
4BR$8,775−$215 (-2.4%)$8,775 – $8,7751

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

Murray Hill vs. New York CityNovember 2023

BedroomsMurray Hill MedianNYC Citywide MedianDifference
Studio$3,390$2,395+$995 (+41.5%)
Studio$3,185$2,395+$790 (+33.0%)
Studio$3,073$2,395+$678 (+28.3%)
Studio$3,455$2,395+$1,060 (+44.3%)
1BR$2,675$2,400+$275 (+11.5%)
1BR$4,190$2,400+$1,790 (+74.6%)
1BR$5,095$2,400+$2,695 (+112.3%)
1BR$4,065$2,400+$1,665 (+69.4%)
2BR$4,400$2,798+$1,603 (+57.3%)
2BR$5,200$2,798+$2,403 (+85.9%)
2BR$5,530$2,798+$2,733 (+97.7%)
2BR$5,995$2,798+$3,198 (+114.3%)
3BR$7,500$3,300+$4,200 (+127.3%)
3BR$6,000$3,300+$2,700 (+81.8%)
3BR$8,082$3,300+$4,782 (+144.9%)
4BR$9,495$4,199+$5,296 (+126.1%)
4BR$15,570$4,199+$11,371 (+270.8%)
4BR$8,775$4,199+$4,576 (+109.0%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.

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