Monthly Rent Report

Financial District Rent Report — July 2021

Asking rents in ZIP 10004, New York City, from 80 listings.

Median 1BR rent in Financial District was $3,600 in July 2021, down 18.0% (−$790) from June 2021. The middle half of 1BR listings asked between $3,425 and $3,775. That puts Financial District $1,709 above the New York City citywide 1BR median of $1,891. The month's figures are based on 80 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2021Vs. Year AgoP25–P75 RangeListings
Studio$3,600+$303 (+9.2%)—$3,600 – $3,6001
Studio$2,723−$574 (-17.4%)—$2,421 – $3,0004
1BR$3,600−$790 (-18.0%)—$3,425 – $3,7752
1BR$4,680+$290 (+6.6%)—$4,494 – $4,68032
2BR$6,165+$1,015 (+19.7%)—$5,825 – $7,19534
2BR$4,895−$255 (-5.0%)—$4,895 – $4,8951
3BR$9,995+$1,970 (+24.5%)—$7,098 – $11,4983
3BR$9,995+$1,970 (+24.5%)—$7,098 – $11,4983

Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.

Financial District vs. New York City — July 2021

BedroomsFinancial District MedianNYC Citywide MedianDifference
Studio$3,600$1,785+$1,815 (+101.7%)
Studio$2,723$1,785+$938 (+52.5%)
1BR$3,600$1,891+$1,709 (+90.4%)
1BR$4,680$1,891+$2,789 (+147.5%)
2BR$6,165$2,250+$3,916 (+174.1%)
2BR$4,895$2,250+$2,646 (+117.6%)
3BR$9,995$2,600+$7,395 (+284.4%)
3BR$9,995$2,600+$7,395 (+284.4%)

Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2021.

Advertisement