Monthly Rent Report

Financial District Rent Report — December 2022

Asking rents in ZIP 10004, New York City, from 32 listings.

Median 1BR rent in Financial District was $4,100 in December 2022, up 8.0% (+$305) from November 2022 and down 3.5% year-over-year. The middle half of 1BR listings asked between $4,025 and $4,175. That puts Financial District $1,879 above the New York City citywide 1BR median of $2,222. The month's figures are based on 32 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2022Vs. December 2021P25–P75 RangeListings
Studio$3,050−$325 (-9.6%)−$425 (-12.2%)$2,963 – $3,3254
Studio$3,000−$375 (-11.1%)−$475 (-13.7%)$2,750 – $3,3134
1BR$4,100+$305 (+8.0%)−$150 (-3.5%)$4,025 – $4,1752
1BR$5,000+$1,205 (+31.8%)+$750 (+17.6%)$4,100 – $5,3507
2BR$6,300−$1,200 (-16.0%)+$1,050 (+20.0%)$5,600 – $7,5005
2BR$6,000−$1,500 (-20.0%)+$750 (+14.3%)$6,000 – $6,0001
2BR$5,450−$2,050 (-27.3%)+$200 (+3.8%)$5,450 – $5,8753
3BR$7,490+$640 (+9.3%)−$4,505 (-37.6%)$6,805 – $8,1752
3BR$6,750−$100 (-1.5%)−$5,245 (-43.7%)$6,750 – $6,7501
3BR$6,750−$100 (-1.5%)−$5,245 (-43.7%)$6,435 – $7,8053

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

Financial District vs. New York City — December 2022

BedroomsFinancial District MedianNYC Citywide MedianDifference
Studio$3,050$2,098+$953 (+45.4%)
Studio$3,000$2,098+$903 (+43.0%)
1BR$4,100$2,222+$1,879 (+84.6%)
1BR$5,000$2,222+$2,779 (+125.1%)
2BR$6,300$2,700+$3,600 (+133.3%)
2BR$6,000$2,700+$3,300 (+122.2%)
2BR$5,450$2,700+$2,750 (+101.9%)
3BR$7,490$3,200+$4,290 (+134.1%)
3BR$6,750$3,200+$3,550 (+110.9%)
3BR$6,750$3,200+$3,550 (+110.9%)

Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.

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