Monthly Rent Report
Murray Hill Rent Report — May 2025
Asking rents in ZIP 10016, New York City, from 547 listings.
Median 1BR rent in Murray Hill was $3,795 in May 2025, down 27.9% (−$1,472) from April 2025 and down 25.5% year-over-year. The middle half of 1BR listings asked between $3,795 and $3,795. That puts Murray Hill $954 above the New York City citywide 1BR median of $2,841. The month's figures are based on 547 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,237 | +$47 (+1.1%) | +$697 (+19.7%) | $4,237 – $4,237 | 1 |
| Studio | $3,954 | −$236 (-5.6%) | +$414 (+11.7%) | $3,563 – $4,441 | 100 |
| Studio | $4,200 | +$10 (+0.2%) | +$660 (+18.6%) | $4,058 – $4,400 | 5 |
| 1BR | $3,795 | −$1,472 (-27.9%) | −$1,300 (-25.5%) | $3,795 – $3,795 | 1 |
| 1BR | $5,337 | +$70 (+1.3%) | +$242 (+4.7%) | $5,065 – $5,789 | 30 |
| 1BR | $5,710 | +$443 (+8.4%) | +$615 (+12.1%) | $4,884 – $5,950 | 235 |
| 2BR | $7,016 | −$535 (-7.1%) | +$480 (+7.3%) | $6,807 – $7,685 | 22 |
| 2BR | $6,050 | −$1,501 (-19.9%) | −$486 (-7.4%) | $5,523 – $6,578 | 2 |
| 2BR | $7,697 | +$146 (+1.9%) | +$1,161 (+17.8%) | $5,925 – $9,262 | 105 |
| 3BR | $7,551 | +$89 (+1.2%) | +$51 (+0.7%) | $6,959 – $7,699 | 3 |
| 3BR | $7,325 | −$137 (-1.8%) | −$175 (-2.3%) | $6,499 – $8,261 | 32 |
| 3BR | $8,789 | +$1,327 (+17.8%) | +$1,289 (+17.2%) | $8,789 – $8,789 | 1 |
| 4BR | $8,500 | −$1,250 (-12.8%) | +$1,058 (+14.2%) | $8,045 – $10,138 | 7 |
| 4BR | $11,052 | +$1,302 (+13.4%) | +$3,610 (+48.5%) | $10,906 – $11,198 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — May 2025
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,237 | $2,799 | +$1,438 (+51.4%) |
| Studio | $3,954 | $2,799 | +$1,155 (+41.2%) |
| Studio | $4,200 | $2,799 | +$1,401 (+50.1%) |
| 1BR | $3,795 | $2,841 | +$954 (+33.6%) |
| 1BR | $5,337 | $2,841 | +$2,496 (+87.9%) |
| 1BR | $5,710 | $2,841 | +$2,869 (+101.0%) |
| 2BR | $7,016 | $3,263 | +$3,754 (+115.0%) |
| 2BR | $6,050 | $3,263 | +$2,788 (+85.4%) |
| 2BR | $7,697 | $3,263 | +$4,435 (+135.9%) |
| 3BR | $7,551 | $3,777 | +$3,774 (+99.9%) |
| 3BR | $7,325 | $3,777 | +$3,548 (+93.9%) |
| 3BR | $8,789 | $3,777 | +$5,012 (+132.7%) |
| 4BR | $8,500 | $4,345 | +$4,155 (+95.6%) |
| 4BR | $11,052 | $4,345 | +$6,707 (+154.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.