Monthly Rent Report
Murray Hill Rent Report — December 2023
Asking rents in ZIP 10016, New York City, from 1,160 listings.
Median 1BR rent in Murray Hill was $4,043 in December 2023, down 0.6% (−$22) from November 2023 and up 15.4% year-over-year. The middle half of 1BR listings asked between $3,875 and $4,190. That puts Murray Hill $1,643 above the New York City citywide 1BR median of $2,400. The month's figures are based on 1,160 listings across 21 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,023 | −$432 (-12.5%) | −$972 (-24.3%) | $2,595 – $3,450 | 4 |
| Studio | $3,689 | +$234 (+6.8%) | −$306 (-7.7%) | $3,689 – $3,689 | 1 |
| Studio | $3,350 | −$105 (-3.0%) | −$645 (-16.1%) | $2,995 – $3,811 | 196 |
| Studio | $3,488 | +$33 (+0.9%) | −$507 (-12.7%) | $3,255 – $3,568 | 12 |
| 1BR | $4,043 | −$22 (-0.6%) | +$540 (+15.4%) | $3,875 – $4,190 | 12 |
| 1BR | $3,900 | −$165 (-4.1%) | +$397 (+11.3%) | $3,806 – $4,400 | 5 |
| 1BR | $4,165 | +$100 (+2.5%) | +$662 (+18.9%) | $3,690 – $4,848 | 431 |
| 1BR | $3,723 | −$342 (-8.4%) | +$220 (+6.3%) | $3,321 – $4,263 | 4 |
| 2BR | $5,995 | $0 (0.0%) | +$505 (+9.2%) | $4,500 – $7,500 | 318 |
| 2BR | $6,898 | +$903 (+15.1%) | +$1,408 (+25.6%) | $3,900 – $9,500 | 10 |
| 2BR | $6,178 | +$183 (+3.1%) | +$688 (+12.5%) | $4,124 – $6,721 | 10 |
| 2BR | $5,485 | −$510 (-8.5%) | −$5 (-0.1%) | $5,485 – $5,515 | 5 |
| 3BR | $4,950 | −$2,550 (-34.0%) | +$450 (+10.0%) | $4,950 – $4,950 | 2 |
| 3BR | $7,173 | −$327 (-4.4%) | +$2,673 (+59.4%) | $5,495 – $7,500 | 21 |
| 3BR | $6,600 | −$900 (-12.0%) | +$2,100 (+46.7%) | $5,150 – $8,275 | 91 |
| 4BR | $8,500 | −$7,070 (-45.4%) | +$850 (+11.1%) | $8,500 – $9,000 | 7 |
| 4BR | $8,800 | −$6,770 (-43.5%) | +$1,150 (+15.0%) | $7,985 – $9,390 | 23 |
| 4BR | $8,320 | −$7,250 (-46.6%) | +$670 (+8.8%) | $8,315 – $8,325 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — December 2023
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,023 | $2,362 | +$661 (+28.0%) |
| Studio | $3,689 | $2,362 | +$1,327 (+56.2%) |
| Studio | $3,350 | $2,362 | +$988 (+41.9%) |
| Studio | $3,488 | $2,362 | +$1,126 (+47.7%) |
| 1BR | $4,043 | $2,400 | +$1,643 (+68.4%) |
| 1BR | $3,900 | $2,400 | +$1,500 (+62.5%) |
| 1BR | $4,165 | $2,400 | +$1,765 (+73.5%) |
| 1BR | $3,723 | $2,400 | +$1,323 (+55.1%) |
| 2BR | $5,995 | $2,900 | +$3,095 (+106.7%) |
| 2BR | $6,898 | $2,900 | +$3,998 (+137.8%) |
| 2BR | $6,178 | $2,900 | +$3,278 (+113.0%) |
| 2BR | $5,485 | $2,900 | +$2,585 (+89.1%) |
| 3BR | $4,950 | $3,500 | +$1,450 (+41.4%) |
| 3BR | $7,173 | $3,500 | +$3,673 (+104.9%) |
| 3BR | $6,600 | $3,500 | +$3,100 (+88.6%) |
| 4BR | $8,500 | $4,070 | +$4,430 (+108.8%) |
| 4BR | $8,800 | $4,070 | +$4,730 (+116.2%) |
| 4BR | $8,320 | $4,070 | +$4,250 (+104.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.