Monthly Rent Report
Murray Hill Rent Report — June 2025
Asking rents in ZIP 10016, New York City, from 44 listings.
Median 1BR rent in Murray Hill was $4,300 in June 2025, down 24.7% (−$1,410) from May 2025 and down 21.7% year-over-year. The middle half of 1BR listings asked between $4,099 and $4,670. That puts Murray Hill $1,700 above the New York City citywide 1BR median of $2,600. The month's figures are based on 44 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2025 | Vs. June 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,135 | −$102 (-2.4%) | +$1,285 (+45.1%) | $4,105 – $4,164 | 2 |
| Studio | $2,895 | −$1,342 (-31.7%) | +$45 (+1.6%) | $2,895 – $2,895 | 2 |
| Studio | $3,200 | −$1,037 (-24.5%) | +$350 (+12.3%) | $2,795 – $3,550 | 7 |
| 1BR | $4,300 | −$1,410 (-24.7%) | −$1,194 (-21.7%) | $4,099 – $4,670 | 4 |
| 1BR | $3,995 | −$1,715 (-30.0%) | −$1,499 (-27.3%) | $3,300 – $3,995 | 5 |
| 2BR | $7,748 | +$732 (+10.4%) | +$648 (+9.1%) | $5,288 – $8,295 | 8 |
| 2BR | $5,839 | −$1,177 (-16.8%) | −$1,261 (-17.8%) | $5,519 – $6,158 | 2 |
| 2BR | $5,500 | −$1,516 (-21.6%) | −$1,600 (-22.5%) | $5,500 – $5,500 | 1 |
| 3BR | $9,500 | +$711 (+8.1%) | +$3,720 (+64.4%) | $9,500 – $10,500 | 5 |
| 3BR | $6,120 | −$2,669 (-30.4%) | +$340 (+5.9%) | $5,146 – $7,094 | 2 |
| 4BR | $10,565 | −$487 (-4.4%) | +$2,838 (+36.7%) | $10,565 – $10,565 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2025. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — June 2025
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,135 | $2,697 | +$1,438 (+53.3%) |
| Studio | $2,895 | $2,697 | +$198 (+7.3%) |
| Studio | $3,200 | $2,697 | +$503 (+18.7%) |
| 1BR | $4,300 | $2,600 | +$1,700 (+65.4%) |
| 1BR | $3,995 | $2,600 | +$1,395 (+53.7%) |
| 2BR | $7,748 | $3,225 | +$4,523 (+140.2%) |
| 2BR | $5,839 | $3,225 | +$2,614 (+81.0%) |
| 2BR | $5,500 | $3,225 | +$2,275 (+70.5%) |
| 3BR | $9,500 | $3,760 | +$5,740 (+152.7%) |
| 3BR | $6,120 | $3,760 | +$2,360 (+62.8%) |
| 4BR | $10,565 | $4,600 | +$5,965 (+129.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2025.