Monthly Rent Report
Financial District Rent Report — March 2021
Asking rents in ZIP 10005, New York City, from 1,072 listings.
Median 1BR rent in Financial District was $2,700 in March 2021, flat versus February 2021. The middle half of 1BR listings asked between $2,625 and $2,756. That puts Financial District $900 above the New York City citywide 1BR median of $1,800. The month's figures are based on 1,072 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,905 | −$967 (-33.7%) | — | $1,790 – $1,961 | 8 |
| Studio | $2,764 | −$107 (-3.7%) | — | $2,664 – $2,839 | 649 |
| Studio | $1,950 | −$922 (-32.1%) | — | $1,922 – $2,160 | 12 |
| 1BR | $2,700 | $0 (0.0%) | — | $2,625 – $2,756 | 11 |
| 1BR | $2,854 | +$154 (+5.7%) | — | $2,761 – $3,036 | 4 |
| 1BR | $3,743 | +$1,043 (+38.6%) | — | $3,397 – $3,912 | 317 |
| 2BR | $3,363 | −$1,229 (-26.8%) | — | $3,053 – $3,500 | 6 |
| 2BR | $4,501 | −$91 (-2.0%) | — | $4,376 – $4,696 | 3 |
| 2BR | $6,195 | +$1,603 (+34.9%) | — | $5,450 – $6,325 | 51 |
| 3BR | $5,738 | +$2,743 (+91.6%) | — | $5,006 – $7,525 | 8 |
| 3BR | $4,718 | +$1,723 (+57.5%) | — | $4,718 – $4,718 | 1 |
| 4BR | $6,541 | $0 (0.0%) | — | $6,541 – $6,541 | 1 |
| 4BR | $6,541 | $0 (0.0%) | — | $6,541 – $6,541 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — March 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,905 | $1,663 | +$242 (+14.6%) |
| Studio | $2,764 | $1,663 | +$1,102 (+66.3%) |
| Studio | $1,950 | $1,663 | +$287 (+17.3%) |
| 1BR | $2,700 | $1,800 | +$900 (+50.0%) |
| 1BR | $2,854 | $1,800 | +$1,054 (+58.5%) |
| 1BR | $3,743 | $1,800 | +$1,943 (+107.9%) |
| 2BR | $3,363 | $2,140 | +$1,223 (+57.1%) |
| 2BR | $4,501 | $2,140 | +$2,361 (+110.3%) |
| 2BR | $6,195 | $2,140 | +$4,055 (+189.5%) |
| 3BR | $5,738 | $2,500 | +$3,238 (+129.5%) |
| 3BR | $4,718 | $2,500 | +$2,218 (+88.7%) |
| 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 161 New York City zip codes with listings in March 2021.