Monthly Rent Report
Murray Hill Rent Report — September 2024
Asking rents in ZIP 10016, New York City, from 18 listings.
Median 1BR rent in Murray Hill was $5,375 in September 2024, up 4.6% (+$235) from August 2024 and up 19.4% year-over-year. The middle half of 1BR listings asked between $4,950 and $6,550. That puts Murray Hill $2,982 above the New York City citywide 1BR median of $2,393. The month's figures are based on 18 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,100 | −$644 (-17.2%) | −$805 (-20.6%) | $3,100 – $3,100 | 1 |
| 1BR | $5,375 | +$235 (+4.6%) | +$875 (+19.4%) | $4,950 – $6,550 | 4 |
| 1BR | $5,325 | +$185 (+3.6%) | +$825 (+18.3%) | $5,061 – $5,589 | 2 |
| 2BR | $3,600 | −$3,387 (-48.5%) | −$4,550 (-55.8%) | $3,000 – $4,200 | 4 |
| 2BR | $5,480 | −$1,507 (-21.6%) | −$2,670 (-32.8%) | $5,480 – $5,480 | 1 |
| 3BR | $6,735 | +$1,735 (+34.7%) | −$1,114 (-14.2%) | $6,735 – $6,735 | 1 |
| 3BR | $5,100 | +$100 (+2.0%) | −$2,749 (-35.0%) | $5,100 – $5,100 | 2 |
| 4BR | $4,425 | −$75 (-1.7%) | −$5,020 (-53.1%) | $4,425 – $4,425 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — September 2024
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,100 | $2,369 | +$731 (+30.9%) |
| 1BR | $5,375 | $2,393 | +$2,982 (+124.6%) |
| 1BR | $5,325 | $2,393 | +$2,932 (+122.5%) |
| 2BR | $3,600 | $2,900 | +$700 (+24.1%) |
| 2BR | $5,480 | $2,900 | +$2,580 (+89.0%) |
| 3BR | $6,735 | $3,598 | +$3,138 (+87.2%) |
| 3BR | $5,100 | $3,598 | +$1,503 (+41.8%) |
| 4BR | $4,425 | $4,295 | +$130 (+3.0%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.