Monthly Rent Report

Murray Hill Rent Report — April 2024

Asking rents in ZIP 10016, New York City, from 1,258 listings.

Median 1BR rent in Murray Hill was $5,653 in April 2024, up 28.6% (+$1,258) from March 2024 and up 27.0% year-over-year. The middle half of 1BR listings asked between $4,209 and $6,079. That puts Murray Hill $3,153 above the New York City citywide 1BR median of $2,500. The month's figures are based on 1,258 listings across 21 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2024Vs. April 2023P25–P75 RangeListings
Studio$3,628−$739 (-16.9%)+$378 (+11.6%)$3,395 – $3,9598
Studio$3,100−$1,267 (-29.0%)−$150 (-4.6%)$3,100 – $3,1001
Studio$3,485−$882 (-20.2%)+$235 (+7.2%)$3,100 – $4,000152
Studio$3,295−$1,072 (-24.5%)+$45 (+1.4%)$2,923 – $4,37359
1BR$5,653+$1,258 (+28.6%)+$1,203 (+27.0%)$4,209 – $6,079201
1BR$4,550+$155 (+3.5%)+$100 (+2.2%)$4,000 – $5,255343
1BR$4,550+$155 (+3.5%)+$100 (+2.2%)$4,425 – $4,5733
1BR$4,675+$280 (+6.4%)+$225 (+5.1%)$4,375 – $4,7187
2BR$6,278−$2,040 (-24.5%)+$251 (+4.2%)$4,395 – $8,98597
2BR$6,550−$1,768 (-21.3%)+$523 (+8.7%)$6,530 – $6,6503
2BR$4,395−$3,923 (-47.2%)−$1,632 (-27.1%)$4,395 – $4,3951
2BR$6,360−$1,958 (-23.5%)+$333 (+5.5%)$4,795 – $8,120213
3BR$7,600−$197 (-2.5%)+$287 (+3.9%)$6,500 – $10,60684
3BR$8,295+$498 (+6.4%)+$982 (+13.4%)$8,295 – $8,2951
3BR$7,872+$75 (+1.0%)+$558 (+7.6%)$6,550 – $12,50058
4BR$9,525+$2,780 (+41.2%)+$775 (+8.9%)$8,788 – $10,0006
4BR$9,050+$2,305 (+34.2%)+$300 (+3.4%)$9,050 – $9,0501
4BR$8,275+$1,530 (+22.7%)−$475 (-5.4%)$7,925 – $10,00017

Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.

Murray Hill vs. New York CityApril 2024

BedroomsMurray Hill MedianNYC Citywide MedianDifference
Studio$3,628$2,491+$1,137 (+45.6%)
Studio$3,100$2,491+$609 (+24.5%)
Studio$3,485$2,491+$994 (+39.9%)
Studio$3,295$2,491+$804 (+32.3%)
1BR$5,653$2,500+$3,153 (+126.1%)
1BR$4,550$2,500+$2,050 (+82.0%)
1BR$4,550$2,500+$2,050 (+82.0%)
1BR$4,675$2,500+$2,175 (+87.0%)
2BR$6,278$2,995+$3,283 (+109.6%)
2BR$6,550$2,995+$3,555 (+118.7%)
2BR$4,395$2,995+$1,400 (+46.7%)
2BR$6,360$2,995+$3,365 (+112.4%)
3BR$7,600$3,500+$4,100 (+117.1%)
3BR$8,295$3,500+$4,795 (+137.0%)
3BR$7,872$3,500+$4,372 (+124.9%)
4BR$9,525$4,270+$5,255 (+123.1%)
4BR$9,050$4,270+$4,780 (+111.9%)
4BR$8,275$4,270+$4,005 (+93.8%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.

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