Monthly Rent Report

Financial District Rent Report — September 2020

Asking rents in ZIP 10004, New York City, from 673 listings.

Median 1BR rent in Financial District was $3,850 in September 2020. The middle half of 1BR listings asked between $3,640 and $4,300. That puts Financial District $2,025 above the New York City citywide 1BR median of $1,825. The month's figures are based on 673 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. Prior MonthVs. Year AgoP25–P75 RangeListings
Studio$2,455——$2,455 – $2,4551
Studio$2,550——$2,300 – $2,87532
1BR$3,850——$3,640 – $4,300157
1BR$3,431——$2,995 – $3,98426
1BR$3,850——$3,683 – $4,300131
2BR$5,615——$5,550 – $6,250139
2BR$5,615——$5,550 – $6,250157
2BR$6,000——$4,725 – $6,50018
3BR$9,025——$7,137 – $11,2506
3BR$9,025——$7,137 – $11,2506

Median, P25, and P75 are asking rents from listings posted in September 2020. Changes compare against the nearest prior month with data.

Financial District vs. New York City — September 2020

BedroomsFinancial District MedianNYC Citywide MedianDifference
Studio$2,455$1,727+$729 (+42.2%)
Studio$2,550$1,727+$824 (+47.7%)
1BR$3,850$1,825+$2,025 (+111.0%)
1BR$3,431$1,825+$1,606 (+88.0%)
1BR$3,850$1,825+$2,025 (+111.0%)
2BR$5,615$2,200+$3,415 (+155.2%)
2BR$5,615$2,200+$3,415 (+155.2%)
2BR$6,000$2,200+$3,800 (+172.7%)
3BR$9,025$2,600+$6,425 (+247.1%)
3BR$9,025$2,600+$6,425 (+247.1%)

Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in September 2020.

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