Monthly Rent Report
Financial District Rent Report — May 2022
Asking rents in ZIP 10004, New York City, from 17 listings.
Median 1BR rent in Financial District was $4,925 in May 2022, up 7.1% (+$325) from April 2022 and up 49.2% year-over-year. The middle half of 1BR listings asked between $4,763 and $5,000. That puts Financial District $2,863 above the New York City citywide 1BR median of $2,063. The month's figures are based on 17 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,300 | −$200 (-5.7%) | +$663 (+25.1%) | $3,250 – $3,400 | 5 |
| 1BR | $4,925 | +$325 (+7.1%) | +$1,625 (+49.2%) | $4,763 – $5,000 | 4 |
| 2BR | $6,595 | −$405 (-5.8%) | +$646 (+10.8%) | $6,595 – $6,595 | 1 |
| 3BR | $8,995 | — | −$1,000 (-10.0%) | $8,995 – $8,995 | 1 |
| 4BR | $14,500 | — | — | $14,500 – $14,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — May 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,300 | $1,875 | +$1,425 (+76.0%) |
| 1BR | $4,925 | $2,063 | +$2,863 (+138.8%) |
| 2BR | $6,595 | $2,499 | +$4,096 (+163.9%) |
| 3BR | $8,995 | $2,950 | +$6,045 (+204.9%) |
| 4BR | $14,500 | $3,600 | +$10,900 (+302.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2022.