Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Murray Hill area can be challenging. Home prices in Murray Hill are now at a median cost of $1,009,929, lower than the Manhattan average of $1,017,878.
The average cost of rent is $2,905/mo in Murray Hill, primarily driven by the current value of real estate in the Murray Hill area. While nearly 56.14% of residents own their homes outright in Murray Hill, 65.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Murray Hill is $12,481 per month. Households that rent pay about 23.28% of their income on rent here. Murray Hill's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Kips Bay, Manhattan, NY: less expensive homes
- Garment District, Manhattan, NY: higher priced homes
- Gramercy, Manhattan, NY: equally priced homes
- North Sutton Area, Manhattan, NY: higher priced homes
- Midtown, Manhattan, NY: equally priced homes
- Chelsea, Manhattan, NY: higher priced homes
- Theater District, Manhattan, NY: higher priced homes
- Clinton, Manhattan, NY: equally priced homes
- East Village, Manhattan, NY: less expensive homes
- Greenwich Village, Manhattan, NY: higher priced homes
Neighborhoods with Similar Populations
- Ashburn, Chicago, IL: less expensive homes
- Olney, Philadelphia, PA: less expensive homes
- Mililani Waipio Melemanu, Mililani, HI: less expensive homes
- Kips Bay, Manhattan, NY: less expensive homes
- North Side, Mount Vernon, NY: less expensive homes
- Los Feliz, Los Angeles, CA: higher priced homes
- Laurelton, Queens, NY: less expensive homes
- Journal Square, Jersey City, NJ: less expensive homes
- Fresh Meadows, Queens, NY: less expensive homes
- Far South, Fort Worth, TX: less expensive homes
All Local Stats
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