Average Rent and Costs in Murray Hill, New York, NY

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There are currently active 912 listings advertised for rent in Murray Hill, New York, NY. Murray Hill rentals average $3,100 for a studio rental to $7,900 for a 4-bedroom rental. The median price of all currently available listings is $3,995, or roughly $75 per square feet.
For the apartment units and housing in January 2023, median rents have fallenover the last year. Studio rentals prices have increased by $83 (2.86%) year-over-year from $2,917 to $3,100. 1-bedroom rentals prices have decreased by $208 (-5.44%) year-over-year from $3,823 to $3,900. 2-bedroom rentals prices have decreased by $975 (-17.81%) year-over-year from $5,475 to $4,250. 3-bedroom rentals prices have decreased by $1,475 (-16.16%) year-over-year from $9,125 to $7,500. 4-bedroom rentals prices have increased by $8,528 (100.73%) year-over-year from $8,467 to $7,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 4.35% this month. 1-bedroom rents have gone down by 4.98% this month. 2-bedroom rents have gone down by 14.56% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 47.38% this month.
Current Availabilities January 2023
Bedrooms     Rent Price / sqft     Whole Month Rent 1 Yr Ago Rent (% Change) 3 Yr Ago Rent (% Change)
Studio $3,100 $85 $3,000 $2,917 (2.86%) $2,782 (7.85%)
1 BR $3,900 $76 $3,616 $3,823 (-5.44%) $3,600 (0.43%)
2 BR $4,250 $69 $4,500 $5,475 (-17.81%) $4,124 (9.13%)
3 BR $7,500 $71 $7,650 $9,125 (-16.16%) $6,483 (17.99%)
4+ BR $7,900 $64 $16,995 $8,467 (100.73%) $6,608 (157.18%)

Historical Rents in Murray Hill, New York, NY

Studio
1 Bedroom
2 Bedroom
3 Bedroom
4 Bedroom

Top Cities Near Murray Hill

There are a total of 21 cities nearby Murray Hill. The average rent in Murray Hill is currently $3,000 per month. A total of 15 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,700, is the most affordable city nearby. In contrast, the most expensive city near Murray Hill, New York, NY is Spring Lake, NJ. Monthly rents here are on average $11,750 per month.

Let's compare Murray Hill, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Murray Hill, New York, NY is 37.10% more expensive than other cities nearby. One bedrooms are about 48.72% more expensive. Two bedrooms in Murray Hill, New York, NY are about 35.59% more expensive. Finally, rent for three bedrooms are about 53.33% more expensive. Want more information? Check out the top 10 cities out of 21 total cities near Murray Hill, New York, NY in the following chart.
City Studio 1BR 2BR All
Newark, NJ $1,950 $1,325 $1,800 $2,048
Bayonne, NJ $2,000 $1,800 $2,400 $2,262
Jersey City, NJ $2,545 $2,531 $2,695 $2,750
West New York, NJ $2,500 $2,725 $2,738 $2,763
Fort Lee, NJ $1,600 $2,500 $3,100 $2,895
Union City, NJ $2,750 $2,900 $2,500 $2,950
Red Bank, NJ $1,925 $2,488 $3,698 $3,000
Hoboken, NJ $3,300 $3,000 $4,000 $3,400
New York, NY $3,195 $3,945 $4,795 $4,000
Long Branch, NJ $1,700 $2,300 $4,000 $4,000

Top Neighborhoods Near Murray Hill

There are a total of 55 neighborhoods in or near Murray Hill. Some of these neighborhoods include Astoria, Little Italy, and Upper East Side. We've included the top 30 neighborhoods out of 55 total neighborhoods in or near Murray Hill, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Murray Hill, New York, NY is currently around $3,995 per month. A total of 28 neighborhoods out of these neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $3,995. Interestingly, the neighborhoods' average rent is equivalent to Murray Hill's average rent, which is also $3,995. Interestingly, the neighborhoods' average rent is less than Murray Hill's average rent, which is actually $3,995. Out of all the neighborhoods in or near Murray Hill, Kew Gardens has the most affordable average rent at $1,799 per month. Whereas, at $6,750 per month, Tribeca is the most expensive neighborhood in or near Murray Hill. View the following chart for more information.
Neighborhood Studio 1BR 2BR All
Astoria, New York, NY $2,410 $2,675 $2,900 $2,751
Little Italy, New York, NY $3,250 $3,270 $4,698 $3,500
Upper East Side, New York, NY $2,495 $3,395 $4,995 $3,698
Long Island City, New York, NY $3,200 $3,843 $5,562 $3,930
Financial District, New York, NY $3,254 $4,145 $5,761 $3,972
Bowery, New York, NY $3,988 $3,250 $4,295 $3,995
Lower East Side, New York, NY $2,488 $3,258 $4,195 $4,195
Kips Bay, New York, NY $3,465 $3,895 $4,995 $4,195
East Village, New York, NY $2,600 $3,495 $4,495 $4,295
NoLita, New York, NY N/A $4,295 $4,795 $4,295
Hell's Kitchen, New York, NY $3,200 $3,900 $5,195 $4,395
Greenpoint, New York, NY $3,452 $4,035 $4,578 $4,408
Midtown East, New York, NY $3,000 $4,300 $5,900 $4,450
Hudson Yards, New York, NY $3,800 $4,290 $6,340 $4,462
Upper West Side, New York, NY $2,950 $4,086 $5,713 $4,500
Williamsburg, New York, NY $3,607 $4,570 $4,375 $4,500
Chelsea, New York, NY $3,700 $4,900 $6,995 $4,710
NoHo, New York, NY $3,575 $4,250 $6,818 $4,725
Greenwich Village, New York, NY $3,250 $5,395 $5,500 $4,750
Midtown South, New York, NY $3,700 $4,743 $6,975 $4,775
Battery Park City, New York, NY $3,395 $3,850 $7,892 $4,813
Roosevelt Island, New York, NY $3,021 $3,400 $5,141 $5,068
DUMBO, New York, NY $3,835 $4,786 $6,825 $5,095
West Village, New York, NY $3,850 $4,995 $5,600 $5,295
Flatiron District, New York, NY $3,650 $5,550 $8,685 $5,425
Midtown, New York, NY $3,725 $4,095 $6,000 $5,500
NoMad, New York, NY $4,455 $5,275 $8,500 $5,530
SoHo, New York, NY $3,195 $4,675 $14,750 $5,800
Gramercy Park, New York, NY $3,500 $4,275 $5,395 $5,995
Tribeca, New York, NY $4,500 $5,313 $6,954 $6,750

Top Counties Near Murray Hill

County Studio 1BR 2BR All
Bayonne, NJ $2,000 $1,800 $2,400 $2,262
North Bergen, NJ $1,975 $1,925 $3,100 $2,700
Jersey City, NJ $2,545 $2,531 $2,695 $2,750
West New York, NJ $2,500 $2,725 $2,738 $2,763
Fort Lee, NJ $1,600 $2,500 $3,100 $2,895
Union City, NJ $2,750 $2,900 $2,500 $2,950
Queens, New York, NY $2,890 $2,675 $2,850 $2,982
Hoboken, NJ $3,300 $3,000 $4,000 $3,400
Brooklyn, New York, NY $3,381 $3,738 $3,650 $3,600
Manhattan, New York, NY $3,187 $3,995 $5,050 $4,200

Top Zipcodes Near Murray Hill

Zipcode Studio 1BR 2BR All
10016, New York, NY $3,300 $3,995 $4,898 $4,250
10017, New York, NY $3,000 $4,250 $6,350 $4,450
10010, New York, NY $3,600 $3,895 $4,995 $4,064
10022, New York, NY $2,975 $4,300 $5,783 $4,495
10036, New York, NY $3,195 $4,000 $5,827 $4,385
10003, New York, NY $3,500 $3,910 $5,395 $5,395
10065, New York, NY $2,795 $4,475 $4,500 $4,450
10001, New York, NY $3,917 $4,788 $6,995 $4,707
10009, New York, NY $2,600 $3,495 $4,395 $4,195
10018, New York, NY $3,792 $4,685 $6,750 $4,575
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