Monthly Rent Report
Financial District Rent Report — September 2021
Asking rents in ZIP 10004, New York City, from 51 listings.
Median 1BR rent in Financial District was $4,680 in September 2021, down 3.5% (−$170) from August 2021 and up 21.6% year-over-year. The middle half of 1BR listings asked between $4,680 and $4,750. That puts Financial District $2,730 above the New York City citywide 1BR median of $1,950. The month's figures are based on 51 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2021 | Vs. September 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,100 | +$200 (+6.9%) | +$645 (+26.3%) | $3,000 – $3,250 | 14 |
| Studio | $3,200 | +$300 (+10.3%) | +$745 (+30.3%) | $3,000 – $3,350 | 5 |
| 1BR | $4,680 | −$170 (-3.5%) | +$830 (+21.6%) | $4,680 – $4,750 | 21 |
| 1BR | $4,400 | −$450 (-9.3%) | +$550 (+14.3%) | $4,325 – $4,600 | 3 |
| 2BR | $8,298 | +$1,834 (+28.4%) | +$2,683 (+47.8%) | $7,218 – $8,298 | 3 |
| 2BR | $6,575 | +$111 (+1.7%) | +$960 (+17.1%) | $6,438 – $7,235 | 4 |
| 3BR | $13,000 | +$8,005 (+160.3%) | +$3,975 (+44.0%) | $13,000 – $13,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — September 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,100 | $1,799 | +$1,301 (+72.3%) |
| Studio | $3,200 | $1,799 | +$1,401 (+77.9%) |
| 1BR | $4,680 | $1,950 | +$2,730 (+140.0%) |
| 1BR | $4,400 | $1,950 | +$2,450 (+125.7%) |
| 2BR | $8,298 | $2,300 | +$5,998 (+260.8%) |
| 2BR | $6,575 | $2,300 | +$4,275 (+185.9%) |
| 3BR | $13,000 | $2,700 | +$10,300 (+381.5%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in September 2021.