Monthly Rent Report
Murray Hill Rent Report — November 2024
Asking rents in ZIP 10016, New York City, from 218 listings.
Median 1BR rent in Murray Hill was $4,256 in November 2024, down 38.0% (−$2,604) from October 2024 and up 1.6% year-over-year. The middle half of 1BR listings asked between $4,121 and $4,477. That puts Murray Hill $1,806 above the New York City citywide 1BR median of $2,450. The month's figures are based on 218 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,175 | −$1,240 (-28.1%) | −$280 (-8.1%) | $3,075 – $3,638 | 4 |
| Studio | $4,620 | +$205 (+4.6%) | +$1,165 (+33.7%) | $3,923 – $4,620 | 11 |
| 1BR | $4,256 | −$2,604 (-38.0%) | +$66 (+1.6%) | $4,121 – $4,477 | 87 |
| 1BR | $4,995 | −$1,865 (-27.2%) | +$805 (+19.2%) | $4,778 – $5,121 | 4 |
| 1BR | $5,735 | −$1,125 (-16.4%) | +$1,545 (+36.9%) | $4,995 – $5,800 | 25 |
| 2BR | $6,007 | +$2,292 (+61.7%) | +$12 (+0.2%) | $5,896 – $6,145 | 27 |
| 2BR | $6,795 | +$3,080 (+82.9%) | +$800 (+13.3%) | $6,782 – $7,000 | 4 |
| 2BR | $8,100 | +$4,385 (+118.0%) | +$2,105 (+35.1%) | $6,350 – $8,100 | 12 |
| 3BR | $7,107 | +$2,557 (+56.2%) | −$393 (-5.2%) | $7,086 – $7,360 | 27 |
| 3BR | $4,015 | −$535 (-11.8%) | −$3,485 (-46.5%) | $4,015 – $4,015 | 1 |
| 3BR | $11,000 | +$6,450 (+141.8%) | +$3,500 (+46.7%) | $11,000 – $13,625 | 14 |
| 4BR | $4,770 | +$135 (+2.9%) | −$10,800 (-69.4%) | $4,770 – $4,770 | 1 |
| 4BR | $8,500 | +$3,865 (+83.4%) | −$7,070 (-45.4%) | $8,500 – $8,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — November 2024
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,175 | $2,383 | +$792 (+33.2%) |
| Studio | $4,620 | $2,383 | +$2,237 (+93.9%) |
| 1BR | $4,256 | $2,450 | +$1,806 (+73.7%) |
| 1BR | $4,995 | $2,450 | +$2,545 (+103.9%) |
| 1BR | $5,735 | $2,450 | +$3,285 (+134.1%) |
| 2BR | $6,007 | $2,950 | +$3,057 (+103.6%) |
| 2BR | $6,795 | $2,950 | +$3,845 (+130.3%) |
| 2BR | $8,100 | $2,950 | +$5,150 (+174.6%) |
| 3BR | $7,107 | $3,600 | +$3,507 (+97.4%) |
| 3BR | $4,015 | $3,600 | +$415 (+11.5%) |
| 3BR | $11,000 | $3,600 | +$7,400 (+205.6%) |
| 4BR | $4,770 | $4,375 | +$395 (+9.0%) |
| 4BR | $8,500 | $4,375 | +$4,125 (+94.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.