Monthly Rent Report
Murray Hill Rent Report — October 2024
Asking rents in ZIP 10016, New York City, from 93 listings.
Median 1BR rent in Murray Hill was $2,000 in October 2024, down 62.4% (−$3,325) from September 2024 and down 54.5% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Murray Hill $306 below the New York City citywide 1BR median of $2,306. The month's figures are based on 93 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,829 | +$729 (+23.5%) | +$434 (+12.8%) | $3,724 – $3,937 | 4 |
| Studio | $4,415 | +$1,315 (+42.4%) | +$1,020 (+30.0%) | $4,185 – $4,500 | 41 |
| Studio | $3,100 | $0 (0.0%) | −$295 (-8.7%) | $3,100 – $3,100 | 1 |
| 1BR | $2,000 | −$3,325 (-62.4%) | −$2,397 (-54.5%) | $2,000 – $2,000 | 1 |
| 1BR | $6,860 | +$1,535 (+28.8%) | +$2,463 (+56.0%) | $6,860 – $7,070 | 21 |
| 2BR | $9,050 | +$3,570 (+65.1%) | +$3,850 (+74.0%) | $9,050 – $9,500 | 22 |
| 2BR | $3,715 | −$1,765 (-32.2%) | −$1,485 (-28.6%) | $3,715 – $3,715 | 1 |
| 3BR | $4,550 | −$2,185 (-32.4%) | −$2,345 (-34.0%) | $4,550 – $4,550 | 1 |
| 4BR | $4,635 | +$210 (+4.7%) | −$10,865 (-70.1%) | $4,635 – $4,635 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — October 2024
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,829 | $2,550 | +$1,279 (+50.2%) |
| Studio | $4,415 | $2,550 | +$1,865 (+73.1%) |
| Studio | $3,100 | $2,550 | +$550 (+21.6%) |
| 1BR | $2,000 | $2,306 | −$306 (-13.3%) |
| 1BR | $6,860 | $2,306 | +$4,554 (+197.5%) |
| 2BR | $9,050 | $2,914 | +$6,137 (+210.6%) |
| 2BR | $3,715 | $2,914 | +$802 (+27.5%) |
| 3BR | $4,550 | $3,519 | +$1,031 (+29.3%) |
| 4BR | $4,635 | $4,100 | +$535 (+13.0%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.