Rental market snapshot for Murray Hill, Manhattan

Murray Hill rental market summary

The rental market in Murray Hill, New York is showing signs of growth. In July 2023, there were 567 new listings, a significant increase from the previous month. This indicates that the rental market is becoming more active and competitive. The median rent in July 2023 was $4,800, a 2.0% increase from the previous month and a 6.7% increase from the same time last year. This suggests that the rental market is becoming more expensive and that demand is increasing.

Overall, the rental market in Murray Hill, New York is showing signs of growth and increasing demand. The number of new listings is increasing, and the median rent is rising. This indicates that the rental market is becoming more competitive and expensive, and that demand is increasing. It is likely that the rental market in Murray Hill will continue to grow in the coming months.

Median rent for all residential properties in Murray Hill

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The most expensive listings and top trending buildings in Murray Hill

Most Expensive Listings

AddressRent PriceBed / Bath
104 E 36th St$19,9954 / 4.0
155 E 38th St$16,0004 / 3.0
626 1st Ave$15,0272 / 2.0
630 1st Ave$15,0003 / 4.0
211 Madison Ave$14,9502 / 2.5

Top Trending Buildings

We currently do not have this data but we are working to add this soon.

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Bedroom Breakdown in Murray Hill

Studio
$2,850
MEDIAN RENT
1 Bedroom
$3,554
MEDIAN RENT
2 Bedroom
$15,000
MEDIAN RENT

Murray Hill neighborhood apartments rents

The rental market for studios in Murray Hill, New York is expected to remain relatively stable in August 2022, with only one new studio listing. The median rent for studios in August 2022 is estimated to be $2,850, though the median rent for July 2022 is not available. Therefore, it is not possible to determine the percent change in rent from July 2022 to August 2022. Overall, the rental market for studios in Murray Hill appears to be relatively stable.

The rental market for 1-bedroom apartments in Murray Hill, New York, saw an increase in activity in March 2021, with 45 new listings. The median rent for 1-bedroom apartments in March 2021 was $3,554, a 3.6% increase from the median rent in February 2021, which was $3,432. This suggests that the rental market in Murray Hill is becoming more competitive, with landlords increasing their prices to capitalize on the increased demand.

The rental market for 2-bedroom apartments in Murray Hill, New York is expected to remain steady in June 2022, with three new listings entering the market. The median rent for 2-bedroom apartments in June 2022 is estimated to be $15,000, though the exact percent change from May 2022 is not available. Overall, the rental market for 2-bedroom apartments in Murray Hill is expected to remain relatively stable in the near future.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Murray Hill is $4,800.
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