Monthly Rent Report
Financial District Rent Report — October 2022
Asking rents in ZIP 10004, New York City, from 48 listings.
Median 1BR rent in Financial District was $4,450 in October 2022, down 6.3% (−$300) from September 2022 and up 0.6% year-over-year. The middle half of 1BR listings asked between $4,063 and $4,725. That puts Financial District $2,195 above the New York City citywide 1BR median of $2,255. The month's figures are based on 48 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,100 | −$400 (-11.4%) | +$50 (+1.6%) | $3,100 – $3,100 | 1 |
| Studio | $3,000 | −$500 (-14.3%) | −$50 (-1.6%) | $3,000 – $3,000 | 1 |
| Studio | $3,350 | −$150 (-4.3%) | +$300 (+9.8%) | $3,250 – $3,463 | 8 |
| 1BR | $4,450 | −$300 (-6.3%) | +$25 (+0.6%) | $4,063 – $4,725 | 10 |
| 1BR | $4,750 | $0 (0.0%) | +$325 (+7.3%) | $4,750 – $4,750 | 1 |
| 1BR | $4,000 | −$750 (-15.8%) | −$425 (-9.6%) | $4,000 – $4,000 | 2 |
| 2BR | $8,500 | $0 (0.0%) | +$502 (+6.3%) | $7,700 – $8,950 | 9 |
| 2BR | $8,000 | −$500 (-5.9%) | +$2 (+0.0%) | $8,000 – $8,000 | 6 |
| 2BR | $8,000 | −$500 (-5.9%) | +$2 (+0.0%) | $8,000 – $8,000 | 1 |
| 3BR | $8,950 | −$4,000 (-30.9%) | +$4,450 (+98.9%) | $7,450 – $10,450 | 2 |
| 3BR | $8,900 | −$4,050 (-31.3%) | +$4,400 (+97.8%) | $7,375 – $10,425 | 2 |
| 4BR | $9,975 | — | — | $8,463 – $11,488 | 2 |
| 4BR | $7,596 | — | — | $7,596 – $7,596 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — October 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,100 | $2,283 | +$818 (+35.8%) |
| Studio | $3,000 | $2,283 | +$718 (+31.4%) |
| Studio | $3,350 | $2,283 | +$1,068 (+46.8%) |
| 1BR | $4,450 | $2,255 | +$2,195 (+97.3%) |
| 1BR | $4,750 | $2,255 | +$2,495 (+110.6%) |
| 1BR | $4,000 | $2,255 | +$1,745 (+77.4%) |
| 2BR | $8,500 | $2,700 | +$5,800 (+214.8%) |
| 2BR | $8,000 | $2,700 | +$5,300 (+196.3%) |
| 2BR | $8,000 | $2,700 | +$5,300 (+196.3%) |
| 3BR | $8,950 | $3,200 | +$5,750 (+179.7%) |
| 3BR | $8,900 | $3,200 | +$5,700 (+178.1%) |
| 4BR | $9,975 | $3,999 | +$5,976 (+149.4%) |
| 4BR | $7,596 | $3,999 | +$3,597 (+89.9%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.