Monthly Rent Report

Financial District Rent Report — August 2021

Asking rents in ZIP 10004, New York City, from 48 listings.

Median 1BR rent in Financial District was $4,680 in August 2021, flat versus July 2021. The middle half of 1BR listings asked between $4,680 and $4,680. That puts Financial District $2,820 above the New York City citywide 1BR median of $1,860. The month's figures are based on 48 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2021Vs. Year AgoP25–P75 RangeListings
Studio$3,000+$278 (+10.2%)—$2,750 – $3,2509
Studio$2,900+$178 (+6.5%)—$2,850 – $3,0753
1BR$4,680$0 (0.0%)—$4,680 – $4,68026
1BR$4,850+$170 (+3.6%)—$4,850 – $4,8501
2BR$6,875+$710 (+11.5%)—$6,188 – $7,5966
2BR$6,464+$299 (+4.8%)—$6,464 – $6,4641
3BR$4,995−$5,000 (-50.0%)—$4,995 – $4,9951
3BR$4,995−$5,000 (-50.0%)—$4,995 – $4,9951

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

Financial District vs. New York City — August 2021

BedroomsFinancial District MedianNYC Citywide MedianDifference
Studio$3,000$1,749+$1,251 (+71.5%)
Studio$2,900$1,749+$1,151 (+65.8%)
1BR$4,680$1,860+$2,820 (+151.6%)
1BR$4,850$1,860+$2,990 (+160.8%)
2BR$6,875$2,275+$4,600 (+202.2%)
2BR$6,464$2,275+$4,189 (+184.1%)
3BR$4,995$2,648+$2,348 (+88.7%)
3BR$4,995$2,648+$2,348 (+88.7%)

Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in August 2021.

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