Monthly Rent Report
Financial District Rent Report — October 2020
Asking rents in ZIP 10004, New York City, from 270 listings.
Median 1BR rent in Financial District was $3,850 in October 2020, flat versus September 2020. The middle half of 1BR listings asked between $3,640 and $4,300. That puts Financial District $1,950 above the New York City citywide 1BR median of $1,900. The month's figures are based on 270 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,300 | −$250 (-9.8%) | — | $2,142 – $2,614 | 13 |
| Studio | $2,792 | +$242 (+9.5%) | — | $2,792 – $2,792 | 1 |
| 1BR | $3,850 | $0 (0.0%) | — | $3,640 – $4,300 | 89 |
| 1BR | $3,625 | −$225 (-5.8%) | — | $3,500 – $3,969 | 10 |
| 1BR | $3,850 | $0 (0.0%) | — | $3,640 – $4,300 | 12 |
| 2BR | $6,000 | +$385 (+6.9%) | — | $5,248 – $6,750 | 3 |
| 2BR | $5,615 | $0 (0.0%) | — | $5,275 – $6,250 | 120 |
| 2BR | $5,615 | $0 (0.0%) | — | $5,550 – $6,250 | 18 |
| 3BR | $3,214 | −$5,811 (-64.4%) | — | $3,107 – $7,357 | 3 |
| 3BR | $7,395 | −$1,630 (-18.1%) | — | $7,395 – $7,395 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2020. Changes compare against the nearest prior month with data.
Financial District vs. New York City — October 2020
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,300 | $1,795 | +$506 (+28.2%) |
| Studio | $2,792 | $1,795 | +$998 (+55.6%) |
| 1BR | $3,850 | $1,900 | +$1,950 (+102.6%) |
| 1BR | $3,625 | $1,900 | +$1,725 (+90.8%) |
| 1BR | $3,850 | $1,900 | +$1,950 (+102.6%) |
| 2BR | $6,000 | $2,250 | +$3,750 (+166.7%) |
| 2BR | $5,615 | $2,250 | +$3,365 (+149.6%) |
| 2BR | $5,615 | $2,250 | +$3,365 (+149.6%) |
| 3BR | $3,214 | $2,650 | +$564 (+21.3%) |
| 3BR | $7,395 | $2,650 | +$4,745 (+179.1%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in October 2020.