Apartments for Rent in Murray Hill, New York, NY

Murray Hill, New York apartment availability

Murray Hill's rental market offers a very strong selection of listings, with nearly 977 rentals available on average each month. The neighborhood's inventory is diverse, with a mix of studios, 1-bedroom, 2-bedroom, and 3-bedroom apartments. Many of these apartments offer popular amenities, including elevators, on-site laundry, and pet-friendly options with some restrictions. In fact, about 70% of Murray Hill apartments allow pets, and over 80% have on-site laundry facilities, making it a convenient option for renters. With its diverse range of apartments and amenities, Murray Hill is a great neighborhood to consider for those looking for a rental in New York.

Murray Hill, New York rental market trends

Murray Hill's rental market saw a modest increase of about 0.6% last year, with average monthly rents reaching $4,596. 1-bedrooms average around $4,498 per month, reflecting a 5.2% annual increase. The average rent for a 2-bedroom is approximately $5,840, while studios average about $3,424.

Summer is peak season in Murray Hill, with July typically seeing the highest rents, 13.9% higher than November, the month with the lowest rents. If you're searching for a new apartment, be prepared for more competition during the summer months. Conversely, if you're looking to save, consider searching in November, when prices are significantly lower. Keep in mind that studios are the only bed type to see a slight decrease in rent, about 0.5% year over year, making them a potentially more affordable option.

Why Murray Hill, New York is a great place to live

Murray Hill is a top choice for renters prioritizing social living and fitness. According to 2024 data, apartments in the area often feature onsite gym equipment, natural lighting, and access to health clinics and wellness centers, making it an ideal spot for those focused on fitness and wellness. The neighborhood's social scene is also thriving, with a range of restaurants, mixed-use developments, and frequent transit options, ensuring residents can easily connect with friends and explore the area. With a strong emphasis on community and healthy living, Murray Hill is an attractive option for renters seeking a balanced lifestyle.