Monthly Rent Report
Financial District Rent Report — May 2021
Asking rents in ZIP 10004, New York City, from 90 listings.
Median 1BR rent in Financial District was $3,454 in May 2021, up 21.4% (+$608) from April 2021. The middle half of 1BR listings asked between $3,300 and $3,500. That puts Financial District $1,634 above the New York City citywide 1BR median of $1,820. The month's figures are based on 90 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,638 | −$236 (-8.2%) | — | $2,456 – $2,819 | 2 |
| Studio | $2,423 | −$451 (-15.7%) | — | $2,250 – $2,808 | 20 |
| 1BR | $3,454 | +$608 (+21.4%) | — | $3,300 – $3,500 | 49 |
| 1BR | $3,300 | +$454 (+16.0%) | — | $3,300 – $3,300 | 1 |
| 2BR | $5,950 | +$796 (+15.4%) | — | $5,883 – $6,455 | 12 |
| 2BR | $4,764 | −$390 (-7.6%) | — | $4,764 – $4,764 | 1 |
| 3BR | $8,748 | +$1,914 (+28.0%) | — | $6,638 – $10,496 | 4 |
| 3BR | $9,995 | +$3,161 (+46.3%) | — | $9,995 – $9,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — May 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,638 | $1,661 | +$977 (+58.8%) |
| Studio | $2,423 | $1,661 | +$762 (+45.9%) |
| 1BR | $3,454 | $1,820 | +$1,634 (+89.8%) |
| 1BR | $3,300 | $1,820 | +$1,480 (+81.3%) |
| 2BR | $5,950 | $2,200 | +$3,750 (+170.4%) |
| 2BR | $4,764 | $2,200 | +$2,564 (+116.5%) |
| 3BR | $8,748 | $2,550 | +$6,198 (+243.0%) |
| 3BR | $9,995 | $2,550 | +$7,445 (+292.0%) |
Citywide figure is the median of zip-level medians across 162 New York City zip codes with listings in May 2021.