Monthly Rent Report

Financial District Rent Report — December 2020

Asking rents in ZIP 10005, New York City, from 10 listings.

Median 1BR rent in Financial District was $2,919 in December 2020, down 1.8% (−$53) from November 2020. The middle half of 1BR listings asked between $2,919 and $2,919. That puts Financial District $1,124 above the New York City citywide 1BR median of $1,795. The month's figures are based on 10 listings across 4 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2020Vs. Year AgoP25–P75 RangeListings
Studio$2,081−$26 (-1.3%)$1,960 – $2,1755
1BR$2,919−$53 (-1.8%)$2,919 – $2,9191
2BR$3,438−$2,165 (-38.6%)$2,859 – $4,0182
3BR$4,648−$4,650 (-50.0%)$3,974 – $5,3212

Median, P25, and P75 are asking rents from listings posted in December 2020. Changes compare against the nearest prior month with data.

Financial District vs. New York CityDecember 2020

BedroomsFinancial District MedianNYC Citywide MedianDifference
Studio$2,081$1,719+$362 (+21.1%)
1BR$2,919$1,795+$1,124 (+62.6%)
2BR$3,438$2,171+$1,267 (+58.4%)
3BR$4,648$2,500+$2,148 (+85.9%)

Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in December 2020.

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