Monthly Rent Report
Murray Hill Rent Report — April 2025
Asking rents in ZIP 10016, New York City, from 1,625 listings.
Median 1BR rent in Murray Hill was $3,795 in April 2025, down 22.5% (−$1,102) from March 2025 and down 16.6% year-over-year. The middle half of 1BR listings asked between $3,795 and $4,230. That puts Murray Hill $1,211 above the New York City citywide 1BR median of $2,584. The month's figures are based on 1,625 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2025 | Vs. April 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,190 | +$345 (+9.0%) | +$705 (+20.2%) | $4,190 – $4,190 | 1 |
| Studio | $3,847 | +$2 (+0.0%) | +$362 (+10.4%) | $3,499 – $4,356 | 284 |
| Studio | $4,400 | +$555 (+14.4%) | +$915 (+26.3%) | $4,340 – $4,456 | 7 |
| 1BR | $3,795 | −$1,102 (-22.5%) | −$755 (-16.6%) | $3,795 – $4,230 | 3 |
| 1BR | $5,267 | +$370 (+7.6%) | +$717 (+15.8%) | $4,820 – $5,938 | 45 |
| 1BR | $5,720 | +$823 (+16.8%) | +$1,170 (+25.7%) | $4,750 – $6,101 | 823 |
| 2BR | $7,615 | +$672 (+9.7%) | +$1,065 (+16.3%) | $6,649 – $8,600 | 21 |
| 2BR | $7,551 | +$608 (+8.8%) | +$1,001 (+15.3%) | $5,900 – $8,450 | 301 |
| 2BR | $4,940 | −$2,003 (-28.8%) | −$1,610 (-24.6%) | $4,913 – $4,968 | 2 |
| 3BR | $6,613 | +$193 (+3.0%) | −$1,259 (-16.0%) | $5,899 – $7,326 | 2 |
| 3BR | $6,650 | +$230 (+3.6%) | −$1,222 (-15.5%) | $5,772 – $7,527 | 2 |
| 3BR | $7,463 | +$1,043 (+16.2%) | −$409 (-5.2%) | $6,296 – $8,075 | 106 |
| 4BR | $8,948 | +$53 (+0.6%) | −$577 (-6.1%) | $7,913 – $9,825 | 22 |
| 4BR | $9,750 | +$856 (+9.6%) | +$225 (+2.4%) | $9,750 – $9,750 | 2 |
| 4BR | $10,824 | +$1,929 (+21.7%) | +$1,299 (+13.6%) | $10,749 – $10,898 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2025. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — April 2025
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,190 | $2,725 | +$1,466 (+53.8%) |
| Studio | $3,847 | $2,725 | +$1,122 (+41.2%) |
| Studio | $4,400 | $2,725 | +$1,676 (+61.5%) |
| 1BR | $3,795 | $2,584 | +$1,211 (+46.9%) |
| 1BR | $5,267 | $2,584 | +$2,683 (+103.8%) |
| 1BR | $5,720 | $2,584 | +$3,136 (+121.4%) |
| 2BR | $7,615 | $3,050 | +$4,565 (+149.7%) |
| 2BR | $7,551 | $3,050 | +$4,501 (+147.6%) |
| 2BR | $4,940 | $3,050 | +$1,890 (+62.0%) |
| 3BR | $6,613 | $3,600 | +$3,013 (+83.7%) |
| 3BR | $6,650 | $3,600 | +$3,050 (+84.7%) |
| 3BR | $7,463 | $3,600 | +$3,863 (+107.3%) |
| 4BR | $8,948 | $4,499 | +$4,449 (+98.9%) |
| 4BR | $9,750 | $4,499 | +$5,251 (+116.7%) |
| 4BR | $10,824 | $4,499 | +$6,325 (+140.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in April 2025.