Monthly Rent Report
Murray Hill Rent Report — December 2024
Asking rents in ZIP 10016, New York City, from 94 listings.
Median 1BR rent in Murray Hill was $3,650 in December 2024, down 14.2% (−$606) from November 2024 and down 12.4% year-over-year. The middle half of 1BR listings asked between $3,650 and $3,650. That puts Murray Hill $1,171 above the New York City citywide 1BR median of $2,480. The month's figures are based on 94 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,845 | −$775 (-16.8%) | +$156 (+4.2%) | $3,830 – $3,860 | 2 |
| Studio | $3,500 | −$1,120 (-24.2%) | −$189 (-5.1%) | $3,500 – $3,500 | 1 |
| Studio | $2,950 | −$1,670 (-36.1%) | −$739 (-20.0%) | $2,700 – $3,500 | 9 |
| 1BR | $3,650 | −$606 (-14.2%) | −$515 (-12.4%) | $3,650 – $3,650 | 3 |
| 1BR | $4,575 | +$319 (+7.5%) | +$410 (+9.8%) | $3,646 – $5,195 | 32 |
| 1BR | $1,800 | −$2,456 (-57.7%) | −$2,365 (-56.8%) | $1,800 – $3,853 | 3 |
| 2BR | $6,319 | +$312 (+5.2%) | +$141 (+2.3%) | $4,871 – $7,906 | 28 |
| 2BR | $5,755 | −$252 (-4.2%) | −$423 (-6.8%) | $5,755 – $5,755 | 1 |
| 2BR | $5,500 | −$507 (-8.4%) | −$678 (-11.0%) | $5,500 – $5,500 | 1 |
| 3BR | $6,865 | +$2,850 (+71.0%) | −$308 (-4.3%) | $6,865 – $6,865 | 1 |
| 3BR | $6,463 | +$2,448 (+61.0%) | −$710 (-9.9%) | $4,984 – $9,753 | 8 |
| 4BR | $9,345 | +$845 (+9.9%) | +$545 (+6.2%) | $9,345 – $9,345 | 1 |
| 4BR | $9,048 | +$548 (+6.4%) | +$248 (+2.8%) | $9,021 – $9,074 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — December 2024
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,845 | $2,525 | +$1,320 (+52.3%) |
| Studio | $3,500 | $2,525 | +$975 (+38.6%) |
| Studio | $2,950 | $2,525 | +$425 (+16.8%) |
| 1BR | $3,650 | $2,480 | +$1,171 (+47.2%) |
| 1BR | $4,575 | $2,480 | +$2,096 (+84.5%) |
| 1BR | $1,800 | $2,480 | −$679 (-27.4%) |
| 2BR | $6,319 | $2,975 | +$3,344 (+112.4%) |
| 2BR | $5,755 | $2,975 | +$2,780 (+93.4%) |
| 2BR | $5,500 | $2,975 | +$2,525 (+84.9%) |
| 3BR | $6,865 | $3,546 | +$3,320 (+93.6%) |
| 3BR | $6,463 | $3,546 | +$2,917 (+82.3%) |
| 4BR | $9,345 | $4,150 | +$5,195 (+125.2%) |
| 4BR | $9,048 | $4,150 | +$4,898 (+118.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.