Monthly Rent Report

Financial District Rent Report — September 2022

Asking rents in ZIP 10004, New York City, from 112 listings.

Median 1BR rent in Financial District was $4,750 in September 2022, up 18.8% (+$750) from August 2022 and up 8.0% year-over-year. The middle half of 1BR listings asked between $4,613 and $5,025. That puts Financial District $2,450 above the New York City citywide 1BR median of $2,300. The month's figures are based on 112 listings across 13 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2022Vs. September 2021P25–P75 RangeListings
Studio$3,500−$100 (-2.8%)+$300 (+9.4%)$3,300 – $4,00017
Studio$3,575−$25 (-0.7%)+$375 (+11.7%)$3,375 – $3,6754
Studio$4,050+$450 (+12.5%)+$850 (+26.6%)$4,025 – $4,0752
1BR$4,750+$750 (+18.8%)+$350 (+8.0%)$4,613 – $5,02528
1BR$4,275+$275 (+6.9%)−$125 (-2.8%)$4,263 – $4,2882
1BR$4,750+$750 (+18.8%)+$350 (+8.0%)$4,625 – $4,7503
2BR$6,750−$750 (-10.0%)+$175 (+2.7%)$6,625 – $6,8752
2BR$8,500+$1,000 (+13.3%)+$1,925 (+29.3%)$6,750 – $8,99531
3BR$12,950+$6,555 (+102.5%)−$50 (-0.4%)$12,950 – $14,0009
3BR$6,195−$200 (-3.1%)−$6,805 (-52.3%)$6,195 – $6,1951
3BR$12,950+$6,555 (+102.5%)−$50 (-0.4%)$12,950 – $14,0009

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

Financial District vs. New York City — September 2022

BedroomsFinancial District MedianNYC Citywide MedianDifference
Studio$3,500$2,200+$1,300 (+59.1%)
Studio$3,575$2,200+$1,375 (+62.5%)
Studio$4,050$2,200+$1,850 (+84.1%)
1BR$4,750$2,300+$2,450 (+106.5%)
1BR$4,275$2,300+$1,975 (+85.9%)
1BR$4,750$2,300+$2,450 (+106.5%)
2BR$6,750$2,800+$3,950 (+141.1%)
2BR$8,500$2,800+$5,700 (+203.6%)
3BR$12,950$3,395+$9,555 (+281.4%)
3BR$6,195$3,395+$2,800 (+82.5%)
3BR$12,950$3,395+$9,555 (+281.4%)

Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.

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