Monthly Rent Report
Financial District Rent Report — July 2022
Asking rents in ZIP 10004, New York City, from 47 listings.
Median 1BR rent in Financial District was $4,700 in July 2022, down 1.1% (−$50) from June 2022 and up 0.4% year-over-year. The middle half of 1BR listings asked between $4,700 and $4,700. That puts Financial District $2,434 above the New York City citywide 1BR median of $2,266. The month's figures are based on 47 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | $0 (0.0%) | +$778 (+28.6%) | $3,500 – $3,500 | 1 |
| Studio | $4,300 | +$800 (+22.9%) | +$1,578 (+57.9%) | $4,300 – $4,300 | 1 |
| 1BR | $4,700 | −$50 (-1.1%) | +$20 (+0.4%) | $4,700 – $4,700 | 1 |
| 1BR | $5,000 | +$250 (+5.3%) | +$320 (+6.8%) | $5,000 – $5,000 | 1 |
| 1BR | $4,875 | +$125 (+2.6%) | +$195 (+4.2%) | $4,788 – $4,935 | 3 |
| 2BR | $5,573 | −$622 (-10.0%) | −$592 (-9.6%) | $5,161 – $5,984 | 2 |
| 2BR | $7,150 | +$955 (+15.4%) | +$985 (+16.0%) | $6,324 – $8,188 | 18 |
| 2BR | $7,250 | +$1,055 (+17.0%) | +$1,085 (+17.6%) | $6,421 – $9,125 | 6 |
| 3BR | $6,395 | −$13,505 (-67.9%) | −$3,600 (-36.0%) | $6,395 – $6,395 | 1 |
| 3BR | $7,000 | −$12,900 (-64.8%) | −$2,995 (-30.0%) | $7,000 – $7,000 | 1 |
| 3BR | $14,500 | −$5,400 (-27.1%) | +$4,505 (+45.1%) | $13,500 – $15,000 | 5 |
| 4BR | $14,500 | +$1,000 (+7.4%) | — | $14,500 – $14,500 | 1 |
| 4BR | $14,250 | +$750 (+5.6%) | — | $14,125 – $14,375 | 2 |
| 4BR | $10,450 | −$3,050 (-22.6%) | — | $8,425 – $12,475 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — July 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $2,245 | +$1,255 (+55.9%) |
| Studio | $4,300 | $2,245 | +$2,055 (+91.6%) |
| 1BR | $4,700 | $2,266 | +$2,434 (+107.4%) |
| 1BR | $5,000 | $2,266 | +$2,734 (+120.7%) |
| 1BR | $4,875 | $2,266 | +$2,609 (+115.2%) |
| 2BR | $5,573 | $2,800 | +$2,773 (+99.0%) |
| 2BR | $7,150 | $2,800 | +$4,350 (+155.4%) |
| 2BR | $7,250 | $2,800 | +$4,450 (+158.9%) |
| 3BR | $6,395 | $3,250 | +$3,145 (+96.8%) |
| 3BR | $7,000 | $3,250 | +$3,750 (+115.4%) |
| 3BR | $14,500 | $3,250 | +$11,250 (+346.2%) |
| 4BR | $14,500 | $4,495 | +$10,005 (+222.6%) |
| 4BR | $14,250 | $4,495 | +$9,755 (+217.0%) |
| 4BR | $10,450 | $4,495 | +$5,955 (+132.5%) |
Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in July 2022.