Monthly Rent Report
Financial District Rent Report — November 2022
Asking rents in ZIP 10004, New York City, from 105 listings.
Median 1BR rent in Financial District was $3,795 in November 2022, down 14.7% (−$655) from October 2022 and down 6.3% year-over-year. The middle half of 1BR listings asked between $3,795 and $4,324. That puts Financial District $1,551 above the New York City citywide 1BR median of $2,244. The month's figures are based on 105 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,250 | −$100 (-3.0%) | $0 (0.0%) | $3,125 – $3,488 | 22 |
| Studio | $3,375 | +$25 (+0.7%) | +$125 (+3.8%) | $3,075 – $3,488 | 6 |
| 1BR | $3,795 | −$655 (-14.7%) | −$255 (-6.3%) | $3,795 – $4,324 | 6 |
| 1BR | $4,100 | −$350 (-7.9%) | +$50 (+1.2%) | $3,950 – $4,250 | 6 |
| 1BR | $4,500 | +$50 (+1.1%) | +$450 (+11.1%) | $4,000 – $4,700 | 27 |
| 2BR | $7,500 | −$500 (-6.3%) | +$1,600 (+27.1%) | $6,600 – $8,395 | 19 |
| 2BR | $5,500 | −$2,500 (-31.3%) | −$400 (-6.8%) | $5,500 – $5,500 | 1 |
| 2BR | $6,900 | −$1,100 (-13.8%) | +$1,000 (+16.9%) | $6,900 – $6,900 | 5 |
| 3BR | $8,000 | −$900 (-10.1%) | — | $5,610 – $12,500 | 5 |
| 3BR | $6,750 | −$2,150 (-24.2%) | — | $6,180 – $9,375 | 3 |
| 3BR | $6,850 | −$2,050 (-23.0%) | — | $6,800 – $9,425 | 3 |
| 4BR | $11,950 | +$1,975 (+19.8%) | — | $11,950 – $11,950 | 1 |
| 4BR | $11,950 | +$1,975 (+19.8%) | — | $11,950 – $11,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — November 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,250 | $2,148 | +$1,102 (+51.3%) |
| Studio | $3,375 | $2,148 | +$1,227 (+57.1%) |
| 1BR | $3,795 | $2,244 | +$1,551 (+69.1%) |
| 1BR | $4,100 | $2,244 | +$1,856 (+82.7%) |
| 1BR | $4,500 | $2,244 | +$2,256 (+100.6%) |
| 2BR | $7,500 | $2,700 | +$4,800 (+177.8%) |
| 2BR | $5,500 | $2,700 | +$2,800 (+103.7%) |
| 2BR | $6,900 | $2,700 | +$4,200 (+155.6%) |
| 3BR | $8,000 | $3,200 | +$4,800 (+150.0%) |
| 3BR | $6,750 | $3,200 | +$3,550 (+110.9%) |
| 3BR | $6,850 | $3,200 | +$3,650 (+114.1%) |
| 4BR | $11,950 | $3,900 | +$8,050 (+206.4%) |
| 4BR | $11,950 | $3,900 | +$8,050 (+206.4%) |
Citywide figure is the median of zip-level medians across 170 New York City zip codes with listings in November 2022.