Monthly Rent Report

Financial District Rent Report — March 2022

Asking rents in ZIP 10004, New York City, from 7 listings.

Median 1BR rent in Financial District was $4,275 in March 2022, up 6.9% (+$275) from February 2022 and up 71.3% year-over-year. The middle half of 1BR listings asked between $4,213 and $4,338. That puts Financial District $2,180 above the New York City citywide 1BR median of $2,095. The month's figures are based on 7 listings across 3 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2022Vs. March 2021P25–P75 RangeListings
Studio$3,200−$75 (-2.3%)+$650 (+25.5%)$3,200 – $3,2001
1BR$4,275+$275 (+6.9%)+$1,780 (+71.3%)$4,213 – $4,3384
2BR$6,125+$2,530 (+70.4%)−$150 (-2.4%)$5,438 – $6,8132

Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.

Financial District vs. New York City — March 2022

BedroomsFinancial District MedianNYC Citywide MedianDifference
Studio$3,200$1,850+$1,350 (+73.0%)
1BR$4,275$2,095+$2,180 (+104.1%)
2BR$6,125$2,398+$3,728 (+155.5%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2022.

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