Monthly Rent Report
Murray Hill Rent Report — June 2024
Asking rents in ZIP 10016, New York City, from 2,418 listings.
Median 1BR rent in Murray Hill was $4,695 in June 2024, down 1.9% (−$91) from May 2024 and down 8.7% year-over-year. The middle half of 1BR listings asked between $4,295 and $4,830. That puts Murray Hill $2,245 above the New York City citywide 1BR median of $2,450. The month's figures are based on 2,418 listings across 21 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,725 | −$70 (-1.8%) | +$200 (+5.7%) | $3,705 – $3,945 | 13 |
| Studio | $3,500 | −$295 (-7.8%) | −$25 (-0.7%) | $3,100 – $4,180 | 243 |
| Studio | $3,725 | −$70 (-1.8%) | +$200 (+5.7%) | $3,089 – $4,322 | 202 |
| Studio | $2,850 | −$945 (-24.9%) | −$675 (-19.1%) | $2,850 – $2,850 | 1 |
| 1BR | $4,695 | −$91 (-1.9%) | −$448 (-8.7%) | $4,295 – $4,830 | 13 |
| 1BR | $4,795 | +$9 (+0.2%) | −$348 (-6.8%) | $3,900 – $5,600 | 414 |
| 1BR | $3,100 | −$1,686 (-35.2%) | −$2,043 (-39.7%) | $3,100 – $3,100 | 1 |
| 1BR | $5,495 | +$709 (+14.8%) | +$351 (+6.8%) | $4,394 – $6,053 | 708 |
| 2BR | $6,140 | −$610 (-9.0%) | −$357 (-5.5%) | $5,200 – $8,350 | 265 |
| 2BR | $5,395 | −$1,355 (-20.1%) | −$1,102 (-17.0%) | $4,981 – $6,571 | 4 |
| 2BR | $6,675 | −$75 (-1.1%) | +$178 (+2.7%) | $6,675 – $6,675 | 1 |
| 2BR | $7,100 | +$350 (+5.2%) | +$603 (+9.3%) | $5,124 – $8,468 | 306 |
| 3BR | $8,384 | +$884 (+11.8%) | +$384 (+4.8%) | $6,400 – $8,879 | 81 |
| 3BR | $7,950 | +$450 (+6.0%) | −$50 (-0.6%) | $6,500 – $10,813 | 112 |
| 3BR | $5,780 | −$1,720 (-22.9%) | −$2,220 (-27.8%) | $5,780 – $5,780 | 1 |
| 4BR | $10,920 | +$3,478 (+46.7%) | −$5,080 (-31.8%) | $8,995 – $11,500 | 26 |
| 4BR | $8,050 | +$608 (+8.2%) | −$7,950 (-49.7%) | $7,125 – $9,163 | 18 |
| 4BR | $7,728 | +$285 (+3.8%) | −$8,272 (-51.7%) | $6,454 – $9,001 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — June 2024
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,725 | $2,440 | +$1,285 (+52.7%) |
| Studio | $3,500 | $2,440 | +$1,060 (+43.4%) |
| Studio | $3,725 | $2,440 | +$1,285 (+52.7%) |
| Studio | $2,850 | $2,440 | +$410 (+16.8%) |
| 1BR | $4,695 | $2,450 | +$2,245 (+91.6%) |
| 1BR | $4,795 | $2,450 | +$2,345 (+95.7%) |
| 1BR | $3,100 | $2,450 | +$650 (+26.5%) |
| 1BR | $5,495 | $2,450 | +$3,045 (+124.3%) |
| 2BR | $6,140 | $2,900 | +$3,240 (+111.7%) |
| 2BR | $5,395 | $2,900 | +$2,495 (+86.0%) |
| 2BR | $6,675 | $2,900 | +$3,775 (+130.2%) |
| 2BR | $7,100 | $2,900 | +$4,200 (+144.8%) |
| 3BR | $8,384 | $3,600 | +$4,784 (+132.9%) |
| 3BR | $7,950 | $3,600 | +$4,350 (+120.8%) |
| 3BR | $5,780 | $3,600 | +$2,180 (+60.6%) |
| 4BR | $10,920 | $4,256 | +$6,664 (+156.6%) |
| 4BR | $8,050 | $4,256 | +$3,794 (+89.1%) |
| 4BR | $7,728 | $4,256 | +$3,471 (+81.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.