Monthly Rent Report
Financial District Rent Report — July 2020
Asking rents in ZIP 10005, New York City, from 14,448 listings.
Median 1BR rent in Financial District was $4,377 in July 2020. The middle half of 1BR listings asked between $4,177 and $4,497. That puts Financial District $2,552 above the New York City citywide 1BR median of $1,825. The month's figures are based on 14,448 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. Prior Month | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,292 | — | — | $3,104 – $3,424 | 4,997 |
| Studio | $3,292 | — | — | $3,094 – $3,424 | 5,008 |
| Studio | $2,687 | — | — | $2,527 – $3,216 | 11 |
| 1BR | $4,377 | — | — | $4,177 – $4,497 | 1,852 |
| 1BR | $3,708 | — | — | $3,420 – $4,024 | 11 |
| 1BR | $4,377 | — | — | $4,176 – $4,497 | 1,863 |
| 2BR | $5,027 | — | — | $4,291 – $5,147 | 7 |
| 2BR | $5,920 | — | — | $5,895 – $6,349 | 343 |
| 2BR | $5,920 | — | — | $5,895 – $6,349 | 350 |
| 3BR | $10,287 | — | — | $9,003 – $11,144 | 3 |
| 3BR | $12,000 | — | — | $12,000 – $12,000 | 1 |
| 3BR | $9,003 | — | — | $8,360 – $9,645 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2020. Changes compare against the nearest prior month with data.
Financial District vs. New York City — July 2020
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,292 | $1,700 | +$1,593 (+93.7%) |
| Studio | $3,292 | $1,700 | +$1,593 (+93.7%) |
| Studio | $2,687 | $1,700 | +$988 (+58.1%) |
| 1BR | $4,377 | $1,825 | +$2,552 (+139.8%) |
| 1BR | $3,708 | $1,825 | +$1,883 (+103.2%) |
| 1BR | $4,377 | $1,825 | +$2,552 (+139.8%) |
| 2BR | $5,027 | $2,290 | +$2,737 (+119.5%) |
| 2BR | $5,920 | $2,290 | +$3,630 (+158.5%) |
| 2BR | $5,920 | $2,290 | +$3,630 (+158.5%) |
| 3BR | $10,287 | $2,600 | +$7,687 (+295.7%) |
| 3BR | $12,000 | $2,600 | +$9,400 (+361.5%) |
| 3BR | $9,003 | $2,600 | +$6,403 (+246.3%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2020.