Monthly Rent Report
Financial District Rent Report — April 2021
Asking rents in ZIP 10005, New York City, from 1,004 listings.
Median 1BR rent in Financial District was $3,990 in April 2021, up 39.8% (+$1,137) from March 2021. The middle half of 1BR listings asked between $3,569 and $4,139. That puts Financial District $2,190 above the New York City citywide 1BR median of $1,800. The month's figures are based on 1,004 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,693 | +$789 (+41.4%) | — | $2,537 – $2,915 | 624 |
| Studio | $2,521 | +$616 (+32.3%) | — | $2,436 – $2,605 | 2 |
| 1BR | $3,990 | +$1,137 (+39.8%) | — | $3,569 – $4,139 | 257 |
| 1BR | $3,139 | +$286 (+10.0%) | — | $2,920 – $3,547 | 4 |
| 2BR | $5,567 | −$628 (-10.1%) | — | $5,567 – $5,567 | 1 |
| 2BR | $5,832 | −$363 (-5.9%) | — | $5,642 – $6,353 | 90 |
| 3BR | $6,700 | +$1,982 (+42.0%) | — | $6,195 – $8,995 | 13 |
| 3BR | $6,700 | +$1,982 (+42.0%) | — | $6,195 – $8,995 | 13 |
Median, P25, and P75 are asking rents from listings posted in April 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — April 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,693 | $1,709 | +$984 (+57.6%) |
| Studio | $2,521 | $1,709 | +$811 (+47.5%) |
| 1BR | $3,990 | $1,800 | +$2,190 (+121.7%) |
| 1BR | $3,139 | $1,800 | +$1,339 (+74.4%) |
| 2BR | $5,567 | $2,200 | +$3,367 (+153.0%) |
| 2BR | $5,832 | $2,200 | +$3,632 (+165.1%) |
| 3BR | $6,700 | $2,573 | +$4,128 (+160.4%) |
| 3BR | $6,700 | $2,573 | +$4,128 (+160.4%) |
Citywide figure is the median of zip-level medians across 163 New York City zip codes with listings in April 2021.