Monthly Rent Report
Murray Hill Rent Report — March 2025
Asking rents in ZIP 10016, New York City, from 2,287 listings.
Median 1BR rent in Murray Hill was $5,653 in March 2025, up 12.4% (+$622) from February 2025 and up 28.5% year-over-year. The middle half of 1BR listings asked between $4,395 and $6,080. That puts Murray Hill $3,153 above the New York City citywide 1BR median of $2,500. The month's figures are based on 2,287 listings across 20 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,418 | +$483 (+12.3%) | +$768 (+21.0%) | $4,301 – $4,500 | 10 |
| Studio | $4,046 | +$111 (+2.8%) | +$396 (+10.8%) | $4,035 – $4,056 | 2 |
| Studio | $3,845 | −$90 (-2.3%) | +$195 (+5.3%) | $3,706 – $4,069 | 30 |
| Studio | $3,950 | +$15 (+0.4%) | +$300 (+8.2%) | $3,500 – $4,386 | 395 |
| 1BR | $5,653 | +$622 (+12.4%) | +$1,253 (+28.5%) | $4,395 – $6,080 | 1,073 |
| 1BR | $4,100 | −$931 (-18.5%) | −$300 (-6.8%) | $3,845 – $4,441 | 6 |
| 1BR | $5,370 | +$339 (+6.7%) | +$970 (+22.0%) | $4,920 – $5,627 | 95 |
| 1BR | $4,897 | −$134 (-2.7%) | +$497 (+11.3%) | $4,520 – $5,072 | 22 |
| 2BR | $6,943 | −$552 (-7.4%) | +$1,148 (+19.8%) | $6,556 – $7,570 | 52 |
| 2BR | $6,608 | −$887 (-11.8%) | +$813 (+14.0%) | $6,266 – $6,949 | 2 |
| 2BR | $6,936 | −$559 (-7.5%) | +$1,141 (+19.7%) | $5,199 – $8,318 | 380 |
| 2BR | $6,949 | −$546 (-7.3%) | +$1,154 (+19.9%) | $6,837 – $7,380 | 14 |
| 3BR | $7,622 | −$217 (-2.8%) | −$175 (-2.2%) | $6,188 – $8,384 | 164 |
| 3BR | $6,214 | −$1,625 (-20.7%) | −$1,583 (-20.3%) | $5,555 – $6,874 | 2 |
| 3BR | $6,420 | −$1,419 (-18.1%) | −$1,377 (-17.7%) | $6,013 – $6,828 | 2 |
| 4BR | $8,895 | +$6 (+0.1%) | +$2,150 (+31.9%) | $7,288 – $9,425 | 16 |
| 4BR | $8,889 | $0 (0.0%) | +$2,144 (+31.8%) | $7,400 – $9,200 | 19 |
| 4BR | $9,750 | +$861 (+9.7%) | +$3,005 (+44.6%) | $9,750 – $9,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — March 2025
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,418 | $2,514 | +$1,905 (+75.8%) |
| Studio | $4,046 | $2,514 | +$1,532 (+61.0%) |
| Studio | $3,845 | $2,514 | +$1,332 (+53.0%) |
| Studio | $3,950 | $2,514 | +$1,437 (+57.2%) |
| 1BR | $5,653 | $2,500 | +$3,153 (+126.1%) |
| 1BR | $4,100 | $2,500 | +$1,600 (+64.0%) |
| 1BR | $5,370 | $2,500 | +$2,870 (+114.8%) |
| 1BR | $4,897 | $2,500 | +$2,397 (+95.9%) |
| 2BR | $6,943 | $2,938 | +$4,006 (+136.4%) |
| 2BR | $6,608 | $2,938 | +$3,670 (+124.9%) |
| 2BR | $6,936 | $2,938 | +$3,999 (+136.1%) |
| 2BR | $6,949 | $2,938 | +$4,012 (+136.6%) |
| 3BR | $7,622 | $3,600 | +$4,022 (+111.7%) |
| 3BR | $6,214 | $3,600 | +$2,614 (+72.6%) |
| 3BR | $6,420 | $3,600 | +$2,820 (+78.3%) |
| 4BR | $8,895 | $4,400 | +$4,495 (+102.1%) |
| 4BR | $8,889 | $4,400 | +$4,489 (+102.0%) |
| 4BR | $9,750 | $4,400 | +$5,350 (+121.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2025.