Monthly Rent Report
Financial District Rent Report — January 2023
Asking rents in ZIP 10004, New York City, from 68 listings.
Median 1BR rent in Financial District was $6,150 in January 2023, up 23.0% (+$1,150) from December 2022 and up 36.7% year-over-year. The middle half of 1BR listings asked between $4,925 and $6,150. That puts Financial District $3,861 above the New York City citywide 1BR median of $2,289. The month's figures are based on 68 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,000 | −$50 (-1.6%) | −$325 (-9.8%) | $2,875 – $3,125 | 3 |
| Studio | $3,000 | −$50 (-1.6%) | −$325 (-9.8%) | $2,963 – $3,463 | 18 |
| 1BR | $6,150 | +$1,150 (+23.0%) | +$1,650 (+36.7%) | $4,925 – $6,150 | 3 |
| 1BR | $4,645 | −$355 (-7.1%) | +$145 (+3.2%) | $4,188 – $5,273 | 24 |
| 1BR | $4,250 | −$750 (-15.0%) | −$250 (-5.6%) | $4,250 – $4,250 | 1 |
| 2BR | $5,500 | −$500 (-8.3%) | +$705 (+14.7%) | $5,450 – $7,300 | 9 |
| 2BR | $4,750 | −$1,250 (-20.8%) | −$45 (-0.9%) | $4,575 – $6,025 | 3 |
| 2BR | $4,400 | −$1,600 (-26.7%) | −$395 (-8.2%) | $4,100 – $5,850 | 3 |
| 3BR | $9,558 | +$2,808 (+41.6%) | −$2,437 (-20.3%) | $7,839 – $11,276 | 2 |
| 3BR | $9,558 | +$2,808 (+41.6%) | −$2,437 (-20.3%) | $7,839 – $11,276 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Financial District vs. New York City — January 2023
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,000 | $2,197 | +$803 (+36.5%) |
| Studio | $3,000 | $2,197 | +$803 (+36.5%) |
| 1BR | $6,150 | $2,289 | +$3,861 (+168.7%) |
| 1BR | $4,645 | $2,289 | +$2,356 (+102.9%) |
| 1BR | $4,250 | $2,289 | +$1,961 (+85.7%) |
| 2BR | $5,500 | $2,700 | +$2,800 (+103.7%) |
| 2BR | $4,750 | $2,700 | +$2,050 (+75.9%) |
| 2BR | $4,400 | $2,700 | +$1,700 (+63.0%) |
| 3BR | $9,558 | $3,200 | +$6,358 (+198.7%) |
| 3BR | $9,558 | $3,200 | +$6,358 (+198.7%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.