Monthly Rent Report
Financial District Rent Report — November 2020
Asking rents in ZIP 10005, New York City, from 30 listings.
Median 1BR rent in Financial District was $2,972 in November 2020, down 19.3% (−$709) from October 2020. The middle half of 1BR listings asked between $2,972 and $2,972. That puts Financial District $1,172 above the New York City citywide 1BR median of $1,800. The month's figures are based on 30 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,108 | +$87 (+4.3%) | — | $2,066 – $2,149 | 2 |
| 1BR | $2,972 | −$709 (-19.3%) | — | $2,972 – $2,972 | 1 |
| 2BR | $5,603 | +$225 (+4.2%) | — | $5,603 – $5,698 | 24 |
| 3BR | $9,298 | +$2,625 (+39.3%) | — | $6,449 – $12,146 | 2 |
| 4BR | $7,195 | — | — | $7,195 – $7,195 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2020. Changes compare against the nearest prior month with data.
Financial District vs. New York City — November 2020
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,108 | $1,725 | +$383 (+22.2%) |
| 1BR | $2,972 | $1,800 | +$1,172 (+65.1%) |
| 2BR | $5,603 | $2,200 | +$3,403 (+154.7%) |
| 3BR | $9,298 | $2,650 | +$6,648 (+250.8%) |
| 4BR | $7,195 | $3,313 | +$3,883 (+117.2%) |
Citywide figure is the median of zip-level medians across 167 New York City zip codes with listings in November 2020.