Monthly Rent Report
Financial District Rent Report — November 2020
Asking rents in ZIP 10004, New York City, from 34 listings.
Median 1BR rent in Financial District was $3,480 in November 2020, down 9.6% (−$370) from October 2020. The middle half of 1BR listings asked between $3,462 and $4,345. That puts Financial District $1,680 above the New York City citywide 1BR median of $1,800. The month's figures are based on 34 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,300 | +$1,000 (+43.5%) | — | $3,300 – $3,300 | 1 |
| 1BR | $3,480 | −$370 (-9.6%) | — | $3,462 – $4,345 | 30 |
| 2BR | $4,015 | −$1,600 (-28.5%) | — | $3,909 – $4,121 | 2 |
| 3BR | $4,105 | −$3,290 (-44.5%) | — | $4,105 – $4,105 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2020. Changes compare against the nearest prior month with data.
Financial District vs. New York City — November 2020
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,300 | $1,725 | +$1,576 (+91.4%) |
| 1BR | $3,480 | $1,800 | +$1,680 (+93.3%) |
| 2BR | $4,015 | $2,200 | +$1,815 (+82.5%) |
| 3BR | $4,105 | $2,650 | +$1,455 (+54.9%) |
Citywide figure is the median of zip-level medians across 167 New York City zip codes with listings in November 2020.