Monthly Rent Report
Financial District Rent Report — October 2021
Asking rents in ZIP 10004, New York City, from 8 listings.
Median 1BR rent in Financial District was $4,425 in October 2021, up 0.6% (+$25) from September 2021 and up 14.9% year-over-year. The middle half of 1BR listings asked between $4,388 and $4,463. That puts Financial District $2,550 above the New York City citywide 1BR median of $1,875. The month's figures are based on 8 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. October 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,050 | −$50 (-1.6%) | +$750 (+32.6%) | $3,000 – $3,175 | 3 |
| 1BR | $4,425 | +$25 (+0.6%) | +$575 (+14.9%) | $4,388 – $4,463 | 2 |
| 2BR | $7,998 | −$300 (-3.6%) | +$2,383 (+42.4%) | $7,998 – $7,998 | 1 |
| 3BR | $4,500 | −$8,500 (-65.4%) | −$2,895 (-39.1%) | $4,500 – $4,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — October 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,050 | $1,800 | +$1,250 (+69.4%) |
| 1BR | $4,425 | $1,875 | +$2,550 (+136.0%) |
| 2BR | $7,998 | $2,295 | +$5,703 (+248.5%) |
| 3BR | $4,500 | $2,788 | +$1,713 (+61.4%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in October 2021.