Monthly Rent Report
Financial District Rent Report — August 2022
Asking rents in ZIP 10004, New York City, from 127 listings.
Median 1BR rent in Financial District was $4,000 in August 2022, down 14.9% (−$700) from July 2022 and down 17.5% year-over-year. The middle half of 1BR listings asked between $3,998 and $4,000. That puts Financial District $1,650 above the New York City citywide 1BR median of $2,350. The month's figures are based on 127 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,600 | −$700 (-16.3%) | +$700 (+24.1%) | $3,450 – $3,750 | 5 |
| Studio | $3,500 | −$800 (-18.6%) | +$600 (+20.7%) | $3,200 – $3,600 | 26 |
| 1BR | $4,000 | −$700 (-14.9%) | −$850 (-17.5%) | $3,998 – $4,000 | 3 |
| 1BR | $4,850 | +$150 (+3.2%) | $0 (0.0%) | $4,850 – $4,850 | 1 |
| 1BR | $4,950 | +$250 (+5.3%) | +$100 (+2.1%) | $4,700 – $5,375 | 19 |
| 2BR | $6,500 | +$928 (+16.6%) | +$36 (+0.6%) | $4,275 – $6,750 | 18 |
| 2BR | $7,500 | +$1,928 (+34.6%) | +$1,036 (+16.0%) | $7,500 – $7,500 | 1 |
| 2BR | $7,500 | +$1,928 (+34.6%) | +$1,036 (+16.0%) | $7,000 – $8,000 | 17 |
| 3BR | $14,500 | $0 (0.0%) | +$9,505 (+190.3%) | $13,500 – $15,000 | 21 |
| 3BR | $6,395 | −$8,105 (-55.9%) | +$1,400 (+28.0%) | $6,395 – $6,395 | 1 |
| 4BR | $14,500 | +$4,050 (+38.8%) | — | $14,500 – $14,500 | 4 |
| 4BR | $14,500 | +$4,050 (+38.8%) | — | $14,500 – $14,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — August 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,600 | $2,300 | +$1,300 (+56.5%) |
| Studio | $3,500 | $2,300 | +$1,200 (+52.2%) |
| 1BR | $4,000 | $2,350 | +$1,650 (+70.2%) |
| 1BR | $4,850 | $2,350 | +$2,500 (+106.4%) |
| 1BR | $4,950 | $2,350 | +$2,600 (+110.6%) |
| 2BR | $6,500 | $2,800 | +$3,700 (+132.1%) |
| 2BR | $7,500 | $2,800 | +$4,700 (+167.9%) |
| 2BR | $7,500 | $2,800 | +$4,700 (+167.9%) |
| 3BR | $14,500 | $3,350 | +$11,150 (+332.8%) |
| 3BR | $6,395 | $3,350 | +$3,045 (+90.9%) |
| 4BR | $14,500 | $4,224 | +$10,276 (+243.3%) |
| 4BR | $14,500 | $4,224 | +$10,276 (+243.3%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.