Monthly Rent Report
Murray Hill Rent Report — February 2025
Asking rents in ZIP 10016, New York City, from 812 listings.
Median 1BR rent in Murray Hill was $5,713 in February 2025, up 17.9% (+$868) from January 2025 and up 37.7% year-over-year. The middle half of 1BR listings asked between $4,415 and $6,055. That puts Murray Hill $3,236 above the New York City citywide 1BR median of $2,478. The month's figures are based on 812 listings across 19 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2025 | Vs. February 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,846 | −$436 (-10.2%) | +$251 (+7.0%) | $3,100 – $4,198 | 146 |
| Studio | $3,835 | −$447 (-10.4%) | +$240 (+6.7%) | $3,835 – $3,835 | 1 |
| Studio | $4,243 | −$39 (-0.9%) | +$648 (+18.0%) | $4,016 – $4,450 | 11 |
| Studio | $3,935 | −$347 (-8.1%) | +$340 (+9.5%) | $3,730 – $3,945 | 12 |
| 1BR | $5,713 | +$868 (+17.9%) | +$1,563 (+37.7%) | $4,415 – $6,055 | 352 |
| 1BR | $4,100 | −$745 (-15.4%) | −$50 (-1.2%) | $4,100 – $4,100 | 1 |
| 1BR | $4,656 | −$189 (-3.9%) | +$506 (+12.2%) | $4,450 – $4,746 | 18 |
| 1BR | $5,031 | +$186 (+3.8%) | +$881 (+21.2%) | $4,703 – $5,420 | 31 |
| 2BR | $7,000 | +$5 (+0.1%) | +$1,800 (+34.6%) | $6,969 – $7,019 | 8 |
| 2BR | $4,110 | −$2,885 (-41.2%) | −$1,090 (-21.0%) | $4,050 – $4,763 | 3 |
| 2BR | $7,034 | +$39 (+0.6%) | +$1,834 (+35.3%) | $6,767 – $7,832 | 14 |
| 2BR | $7,495 | +$500 (+7.1%) | +$2,295 (+44.1%) | $5,644 – $8,318 | 150 |
| 3BR | $7,730 | +$1,013 (+15.1%) | +$64 (+0.8%) | $7,730 – $7,730 | 1 |
| 3BR | $4,115 | −$2,602 (-38.7%) | −$3,551 (-46.3%) | $4,115 – $4,115 | 1 |
| 3BR | $7,839 | +$1,122 (+16.7%) | +$173 (+2.3%) | $6,925 – $8,603 | 55 |
| 4BR | $9,400 | +$1,150 (+13.9%) | +$900 (+10.6%) | $9,400 – $9,400 | 1 |
| 4BR | $8,889 | +$639 (+7.7%) | +$389 (+4.6%) | $8,000 – $9,400 | 5 |
Median, P25, and P75 are asking rents from listings posted in February 2025. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — February 2025
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,846 | $2,566 | +$1,280 (+49.9%) |
| Studio | $3,835 | $2,566 | +$1,270 (+49.5%) |
| Studio | $4,243 | $2,566 | +$1,678 (+65.4%) |
| Studio | $3,935 | $2,566 | +$1,370 (+53.4%) |
| 1BR | $5,713 | $2,478 | +$3,236 (+130.6%) |
| 1BR | $4,100 | $2,478 | +$1,623 (+65.5%) |
| 1BR | $4,656 | $2,478 | +$2,179 (+87.9%) |
| 1BR | $5,031 | $2,478 | +$2,554 (+103.1%) |
| 2BR | $7,000 | $3,000 | +$4,000 (+133.3%) |
| 2BR | $4,110 | $3,000 | +$1,110 (+37.0%) |
| 2BR | $7,034 | $3,000 | +$4,034 (+134.5%) |
| 2BR | $7,495 | $3,000 | +$4,495 (+149.8%) |
| 3BR | $7,730 | $3,600 | +$4,130 (+114.7%) |
| 3BR | $4,115 | $3,600 | +$515 (+14.3%) |
| 3BR | $7,839 | $3,600 | +$4,239 (+117.8%) |
| 4BR | $9,400 | $4,200 | +$5,200 (+123.8%) |
| 4BR | $8,889 | $4,200 | +$4,689 (+111.6%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in February 2025.