Monthly Rent Report
Financial District Rent Report — February 2021
Asking rents in ZIP 10004, New York City, from 78 listings.
Median 1BR rent in Financial District was $3,071 in February 2021, down 19.2% (−$729) from January 2021. The middle half of 1BR listings asked between $3,009 and $3,132. That puts Financial District $1,279 above the New York City citywide 1BR median of $1,792. The month's figures are based on 78 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,300 | +$500 (+27.8%) | — | $2,300 – $2,300 | 1 |
| Studio | $2,103 | +$303 (+16.8%) | — | $2,000 – $2,400 | 22 |
| 1BR | $3,071 | −$729 (-19.2%) | — | $3,009 – $3,132 | 2 |
| 1BR | $3,800 | $0 (0.0%) | — | $2,850 – $4,373 | 19 |
| 2BR | $5,550 | +$1,323 (+31.3%) | — | $5,500 – $5,833 | 11 |
| 2BR | $8,095 | +$3,868 (+91.5%) | — | $8,095 – $8,095 | 1 |
| 3BR | $10,500 | +$4,800 (+84.2%) | — | $6,798 – $11,500 | 7 |
| 3BR | $10,500 | +$4,800 (+84.2%) | — | $8,399 – $11,500 | 12 |
| 4BR | $6,275 | $0 (0.0%) | — | $6,275 – $6,275 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — February 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,300 | $1,650 | +$651 (+39.4%) |
| Studio | $2,103 | $1,650 | +$453 (+27.5%) |
| 1BR | $3,071 | $1,792 | +$1,279 (+71.3%) |
| 1BR | $3,800 | $1,792 | +$2,008 (+112.1%) |
| 2BR | $5,550 | $2,150 | +$3,400 (+158.1%) |
| 2BR | $8,095 | $2,150 | +$5,945 (+276.5%) |
| 3BR | $10,500 | $2,500 | +$8,000 (+320.0%) |
| 3BR | $10,500 | $2,500 | +$8,000 (+320.0%) |
| 4BR | $6,275 | $3,000 | +$3,275 (+109.2%) |
Citywide figure is the median of zip-level medians across 164 New York City zip codes with listings in February 2021.