Monthly Rent Report
Murray Hill Rent Report — January 2025
Asking rents in ZIP 10016, New York City, from 1,206 listings.
Median 1BR rent in Murray Hill was $5,375 in January 2025, up 17.5% (+$800) from December 2024 and up 49.3% year-over-year. The middle half of 1BR listings asked between $4,300 and $6,000. That puts Murray Hill $2,875 above the New York City citywide 1BR median of $2,500. The month's figures are based on 1,206 listings across 19 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,282 | +$437 (+11.4%) | +$645 (+17.7%) | $3,910 – $4,350 | 9 |
| Studio | $3,754 | −$91 (-2.4%) | +$117 (+3.2%) | $3,710 – $3,979 | 9 |
| Studio | $3,840 | −$5 (-0.1%) | +$203 (+5.6%) | $3,840 – $3,840 | 1 |
| Studio | $3,995 | +$150 (+3.9%) | +$358 (+9.8%) | $3,300 – $4,450 | 225 |
| 1BR | $5,375 | +$800 (+17.5%) | +$1,775 (+49.3%) | $4,300 – $6,000 | 556 |
| 1BR | $4,200 | −$375 (-8.2%) | +$600 (+16.7%) | $4,200 – $4,200 | 1 |
| 1BR | $4,845 | +$270 (+5.9%) | +$1,245 (+34.6%) | $4,120 – $4,934 | 14 |
| 1BR | $4,666 | +$91 (+2.0%) | +$1,066 (+29.6%) | $4,372 – $5,374 | 34 |
| 2BR | $6,995 | +$1,240 (+21.5%) | +$2,101 (+42.9%) | $5,793 – $8,094 | 247 |
| 2BR | $6,525 | +$770 (+13.4%) | +$1,631 (+33.3%) | $6,233 – $7,258 | 3 |
| 2BR | $6,809 | +$1,054 (+18.3%) | +$1,915 (+39.1%) | $6,809 – $6,809 | 2 |
| 2BR | $7,100 | +$1,345 (+23.4%) | +$2,206 (+45.1%) | $6,995 – $7,942 | 7 |
| 3BR | $6,718 | −$147 (-2.1%) | −$232 (-3.3%) | $6,234 – $7,201 | 2 |
| 3BR | $7,265 | +$400 (+5.8%) | +$315 (+4.5%) | $7,265 – $7,265 | 1 |
| 3BR | $7,195 | +$330 (+4.8%) | +$245 (+3.5%) | $5,998 – $8,207 | 79 |
| 4BR | $4,820 | −$4,227 (-46.7%) | −$1,555 (-24.4%) | $4,808 – $4,833 | 2 |
| 4BR | $8,250 | −$797 (-8.8%) | +$1,875 (+29.4%) | $6,999 – $8,924 | 12 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — January 2025
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,282 | $2,525 | +$1,757 (+69.6%) |
| Studio | $3,754 | $2,525 | +$1,229 (+48.7%) |
| Studio | $3,840 | $2,525 | +$1,315 (+52.1%) |
| Studio | $3,995 | $2,525 | +$1,470 (+58.2%) |
| 1BR | $5,375 | $2,500 | +$2,875 (+115.0%) |
| 1BR | $4,200 | $2,500 | +$1,700 (+68.0%) |
| 1BR | $4,845 | $2,500 | +$2,345 (+93.8%) |
| 1BR | $4,666 | $2,500 | +$2,166 (+86.6%) |
| 2BR | $6,995 | $2,900 | +$4,095 (+141.2%) |
| 2BR | $6,525 | $2,900 | +$3,625 (+125.0%) |
| 2BR | $6,809 | $2,900 | +$3,909 (+134.8%) |
| 2BR | $7,100 | $2,900 | +$4,200 (+144.8%) |
| 3BR | $6,718 | $3,500 | +$3,218 (+91.9%) |
| 3BR | $7,265 | $3,500 | +$3,765 (+107.6%) |
| 3BR | $7,195 | $3,500 | +$3,695 (+105.6%) |
| 4BR | $4,820 | $4,100 | +$720 (+17.6%) |
| 4BR | $8,250 | $4,100 | +$4,150 (+101.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.