Monthly Rent Report
Financial District Rent Report — December 2023
Asking rents in ZIP 10004, New York City, from 83 listings.
Median 1BR rent in Financial District was $4,850 in December 2023, up 11.5% (+$500) from November 2023 and down 3.0% year-over-year. The middle half of 1BR listings asked between $4,374 and $5,150. That puts Financial District $2,450 above the New York City citywide 1BR median of $2,400. The month's figures are based on 83 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | $0 (0.0%) | +$450 (+14.8%) | $3,375 – $3,625 | 2 |
| Studio | $3,400 | −$100 (-2.9%) | +$350 (+11.5%) | $3,050 – $3,750 | 10 |
| 1BR | $4,850 | +$500 (+11.5%) | −$150 (-3.0%) | $4,374 – $5,150 | 16 |
| 1BR | $4,500 | +$150 (+3.4%) | −$500 (-10.0%) | $4,200 – $4,900 | 3 |
| 2BR | $6,763 | +$3,663 (+118.1%) | +$1,313 (+24.1%) | $4,988 – $7,700 | 28 |
| 2BR | $6,250 | +$3,150 (+101.6%) | +$800 (+14.7%) | $6,250 – $6,250 | 1 |
| 2BR | $8,950 | +$5,850 (+188.7%) | +$3,500 (+64.2%) | $8,300 – $9,600 | 4 |
| 3BR | $12,000 | +$6,040 (+101.3%) | +$4,510 (+60.2%) | $12,000 – $12,000 | 2 |
| 3BR | $5,960 | $0 (0.0%) | −$1,530 (-20.4%) | $5,100 – $7,000 | 9 |
| 3BR | $6,000 | +$40 (+0.7%) | −$1,490 (-19.9%) | $5,500 – $6,500 | 2 |
| 4BR | $15,659 | $0 (0.0%) | — | $15,239 – $16,080 | 2 |
| 4BR | $15,659 | $0 (0.0%) | — | $14,818 – $16,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Financial District vs. New York City — December 2023
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $2,362 | +$1,138 (+48.2%) |
| Studio | $3,400 | $2,362 | +$1,038 (+44.0%) |
| 1BR | $4,850 | $2,400 | +$2,450 (+102.1%) |
| 1BR | $4,500 | $2,400 | +$2,100 (+87.5%) |
| 2BR | $6,763 | $2,900 | +$3,863 (+133.2%) |
| 2BR | $6,250 | $2,900 | +$3,350 (+115.5%) |
| 2BR | $8,950 | $2,900 | +$6,050 (+208.6%) |
| 3BR | $12,000 | $3,500 | +$8,500 (+242.9%) |
| 3BR | $5,960 | $3,500 | +$2,460 (+70.3%) |
| 3BR | $6,000 | $3,500 | +$2,500 (+71.4%) |
| 4BR | $15,659 | $4,070 | +$11,589 (+284.7%) |
| 4BR | $15,659 | $4,070 | +$11,589 (+284.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.