Cheap Apartments for Rent in the Murray Hill Neighborhood of New York, NY from $1,000 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Murray Hill area of New York.
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Murray Hill, New York, NY Local Guide

How much does it cost to rent an apartment in Murray Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Murray Hill Studio Apartments | $3,850 | $2,980 | $5,990 |
| Murray Hill 1 Bedroom Apartments | $5,281 | $3,170 | $10,000+ |
| Murray Hill 2 Bedroom Apartments | $6,346 | $3,950 | $10,000+ |
| Murray Hill 3 Bedroom Apartments | $8,359 | $4,995 | $10,000+ |
| Murray Hill 4 Bedroom Apartments | $8,729 | $6,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Murray Hill Neighborhood of New York, NY.
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Cheapest Available Murray Hill Apartments for Rent
 The cheapest available apartment rental in the Murray Hill area of New York, NY is a Studio unit found at The Dryden East priced from $2,995. The Towne House has the second lowest priced unit, which is a Studio apartment currently listed from $3,000. Here are the most affordable Murray Hill apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Dryden East | MASSIVE STUDIO | Studio,1BA | $2,995 |
| The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,000 |
| 528 Third Ave | Studio, 1 bath | Studio,1BA | $3,400 |
| The Ambassador East | STUDIO | Studio,1BA | $3,450 |
| 534 3rd Ave | Studio | Studio,1BA | $3,550 |
Best Value Apartments for Rent in Murray Hill, NY
As of December 23, 2025 the best value apartment in the Murray Hill area is the $6.50 price per square foot 3 Beds, 2 baths Model at 137 E 38th St in the in the Gramercy-Flatiron neighborhood starting from $6,500. The second greatest value Murray Hill apartment is the Flex 2 BR Model at 205 East 31st Street starting at $4,550 with a $5.35 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Murray Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 137 E 38th St | 3 Beds, 2 baths | 3BR,2BA | $6.50 |
| 205 East 31st Street | Flex 2 BR | 2BR,1BA | $5.35 |
| 247 E 35th St, Unit 9D | 247 E 35th St | 2BR,1BA | $6.40 |
| 121 E 39th St, Unit 22 | 121 E 39th St | 2BR,1BA | $6.15 |
| 142 E 30th St, Unit 2A | 142 E 30th St | 2BR,1BA | $6.20 |
| 218 E 32nd St, Unit 2C | 218 E 32nd St | 2BR,1BA | $5.94 |
| 141 E 37th St, Unit 3C | 141 E 37th St | 2BR,1BA | $6.45 |
| The Towne House | STUDIO / 1 BATH | Studio ,1BA | $5.71 |
| Marquis Apartments | Murray Hill Marquis - Studio One Bathroom | Studio ,1BA | $6.83 |
| The Dryden East | MASSIVE STUDIO | Studio ,1BA | $5.99 |
Frequently Asked Questions about Cheap Murray Hill Apartments
What is a cheap apartment in Murray Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Murray Hill is under $3,800.
What is the price of a cheap apartment in Murray Hill?
The cheapest apartment in Murray Hill is The Centra which is listed at $3,800, while the average apartment in Murray Hill costs $8,122.
What types of apartments are the cheapest in Murray Hill?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Murray Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Murray Hill?
Cheap apartments in Murray Hill have an average cost of $408 which is $7,714 cheaper than the average rent for all rentals in Murray Hill.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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