Monthly Rent Report
Financial District Rent Report — February 2021
Asking rents in ZIP 10005, New York City, from 201 listings.
Median 1BR rent in Financial District was $2,881 in February 2021, down 1.7% (−$51) from January 2021. The middle half of 1BR listings asked between $2,768 and $2,907. That puts Financial District $1,089 above the New York City citywide 1BR median of $1,792. The month's figures are based on 201 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | −$414 (-17.2%) | — | $1,889 – $2,128 | 22 |
| Studio | $1,923 | −$486 (-20.2%) | — | $1,852 – $1,976 | 10 |
| Studio | $2,872 | +$463 (+19.2%) | — | $2,475 – $3,269 | 82 |
| 1BR | $2,881 | −$51 (-1.7%) | — | $2,768 – $2,907 | 3 |
| 1BR | $2,700 | −$232 (-7.9%) | — | $2,484 – $2,803 | 12 |
| 1BR | $3,742 | +$810 (+27.6%) | — | $3,130 – $4,311 | 33 |
| 2BR | $6,195 | +$2,515 (+68.3%) | — | $5,475 – $6,619 | 19 |
| 2BR | $4,592 | +$912 (+24.8%) | — | $4,546 – $4,639 | 2 |
| 2BR | $3,263 | −$417 (-11.3%) | — | $2,958 – $3,509 | 8 |
| 3BR | $4,718 | — | — | $4,718 – $4,718 | 1 |
| 3BR | $2,995 | — | — | $2,995 – $2,995 | 1 |
| 3BR | $5,850 | — | — | $3,350 – $6,290 | 5 |
| 4BR | $6,541 | — | — | $6,541 – $6,541 | 1 |
| 4BR | $6,541 | — | — | $6,541 – $6,541 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — February 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,650 | +$346 (+20.9%) |
| Studio | $1,923 | $1,650 | +$273 (+16.6%) |
| Studio | $2,872 | $1,650 | +$1,222 (+74.1%) |
| 1BR | $2,881 | $1,792 | +$1,089 (+60.8%) |
| 1BR | $2,700 | $1,792 | +$908 (+50.7%) |
| 1BR | $3,742 | $1,792 | +$1,950 (+108.8%) |
| 2BR | $6,195 | $2,150 | +$4,045 (+188.1%) |
| 2BR | $4,592 | $2,150 | +$2,442 (+113.6%) |
| 2BR | $3,263 | $2,150 | +$1,113 (+51.7%) |
| 3BR | $4,718 | $2,500 | +$2,218 (+88.7%) |
| 3BR | $2,995 | $2,500 | +$495 (+19.8%) |
| 3BR | $5,850 | $2,500 | +$3,350 (+134.0%) |
| 4BR | $6,541 | $3,000 | +$3,541 (+118.0%) |
| 4BR | $6,541 | $3,000 | +$3,541 (+118.0%) |
Citywide figure is the median of zip-level medians across 164 New York City zip codes with listings in February 2021.