Monthly Rent Report
Financial District Rent Report — September 2023
Asking rents in ZIP 10004, New York City, from 17 listings.
Median 1BR rent in Financial District was $4,850 in September 2023, up 1.0% (+$50) from August 2023 and up 2.1% year-over-year. The middle half of 1BR listings asked between $4,700 and $5,000. That puts Financial District $2,350 above the New York City citywide 1BR median of $2,500. The month's figures are based on 17 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,313 | −$437 (-11.7%) | −$737 (-18.2%) | $3,013 – $3,605 | 4 |
| Studio | $3,850 | +$100 (+2.7%) | −$200 (-4.9%) | $3,661 – $4,011 | 4 |
| 1BR | $4,850 | +$50 (+1.0%) | +$100 (+2.1%) | $4,700 – $5,000 | 2 |
| 1BR | $4,995 | +$195 (+4.1%) | +$245 (+5.2%) | $4,973 – $5,073 | 3 |
| 2BR | $7,095 | +$395 (+5.9%) | −$1,405 (-16.5%) | $7,095 – $7,095 | 1 |
| 2BR | $7,095 | +$395 (+5.9%) | −$1,405 (-16.5%) | $7,095 – $7,095 | 1 |
| 3BR | $6,650 | −$5,350 (-44.6%) | +$455 (+7.3%) | $6,650 – $6,650 | 1 |
| 3BR | $11,250 | −$750 (-6.3%) | +$5,055 (+81.6%) | $11,250 – $11,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Financial District vs. New York City — September 2023
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,313 | $2,400 | +$913 (+38.0%) |
| Studio | $3,850 | $2,400 | +$1,450 (+60.4%) |
| 1BR | $4,850 | $2,500 | +$2,350 (+94.0%) |
| 1BR | $4,995 | $2,500 | +$2,495 (+99.8%) |
| 2BR | $7,095 | $3,000 | +$4,095 (+136.5%) |
| 2BR | $7,095 | $3,000 | +$4,095 (+136.5%) |
| 3BR | $6,650 | $3,500 | +$3,150 (+90.0%) |
| 3BR | $11,250 | $3,500 | +$7,750 (+221.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.