Monthly Rent Report
Murray Hill Rent Report — August 2025
Asking rents in ZIP 10016, New York City, from 2,239 listings.
Median 1BR rent in Murray Hill was $5,343 in August 2025, up 38.8% (+$1,493) from July 2025 and up 3.9% year-over-year. The middle half of 1BR listings asked between $5,336 and $5,349. That puts Murray Hill $2,643 above the New York City citywide 1BR median of $2,700. The month's figures are based on 2,239 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2025 | Vs. August 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,559 | +$1,159 (+34.1%) | +$815 (+21.8%) | $4,143 – $4,819 | 22 |
| Studio | $3,699 | +$299 (+8.8%) | −$45 (-1.2%) | $3,400 – $4,150 | 392 |
| Studio | $4,025 | +$625 (+18.4%) | +$281 (+7.5%) | $3,975 – $4,035 | 3 |
| 1BR | $5,343 | +$1,493 (+38.8%) | +$203 (+3.9%) | $5,336 – $5,349 | 2 |
| 1BR | $5,398 | +$1,548 (+40.2%) | +$258 (+5.0%) | $4,980 – $5,750 | 51 |
| 1BR | $4,738 | +$888 (+23.1%) | −$402 (-7.8%) | $4,400 – $5,695 | 1,118 |
| 2BR | $7,002 | −$417 (-5.6%) | +$15 (+0.2%) | $6,192 – $7,766 | 3 |
| 2BR | $6,805 | −$614 (-8.3%) | −$182 (-2.6%) | $5,396 – $8,000 | 392 |
| 2BR | $8,014 | +$595 (+8.0%) | +$1,027 (+14.7%) | $7,476 – $9,163 | 35 |
| 3BR | $8,377 | +$702 (+9.1%) | +$2,625 (+45.6%) | $7,500 – $8,494 | 174 |
| 3BR | $11,975 | +$4,300 (+56.0%) | +$6,223 (+108.2%) | $11,646 – $12,409 | 6 |
| 3BR | $6,196 | −$1,479 (-19.3%) | +$443 (+7.7%) | $5,393 – $6,998 | 2 |
| 4BR | $9,870 | +$20 (+0.2%) | +$5,370 (+119.3%) | $9,600 – $10,141 | 2 |
| 4BR | $9,250 | −$600 (-6.1%) | +$4,750 (+105.6%) | $8,800 – $9,996 | 32 |
Median, P25, and P75 are asking rents from listings posted in August 2025. Changes compare against the nearest prior month with data.
Murray Hill vs. New York City — August 2025
| Bedrooms | Murray Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,559 | $2,800 | +$1,759 (+62.8%) |
| Studio | $3,699 | $2,800 | +$899 (+32.1%) |
| Studio | $4,025 | $2,800 | +$1,225 (+43.8%) |
| 1BR | $5,343 | $2,700 | +$2,643 (+97.9%) |
| 1BR | $5,398 | $2,700 | +$2,698 (+99.9%) |
| 1BR | $4,738 | $2,700 | +$2,038 (+75.5%) |
| 2BR | $7,002 | $3,200 | +$3,802 (+118.8%) |
| 2BR | $6,805 | $3,200 | +$3,605 (+112.7%) |
| 2BR | $8,014 | $3,200 | +$4,814 (+150.4%) |
| 3BR | $8,377 | $3,763 | +$4,615 (+122.6%) |
| 3BR | $11,975 | $3,763 | +$8,213 (+218.3%) |
| 3BR | $6,196 | $3,763 | +$2,433 (+64.7%) |
| 4BR | $9,870 | $4,600 | +$5,270 (+114.6%) |
| 4BR | $9,250 | $4,600 | +$4,650 (+101.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2025.