Monthly Rent Report
Financial District Rent Report — May 2021
Asking rents in ZIP 10005, New York City, from 1,210 listings.
Median 1BR rent in Financial District was $3,878 in May 2021, down 2.8% (−$112) from April 2021. The middle half of 1BR listings asked between $3,333 and $4,039. That puts Financial District $2,058 above the New York City citywide 1BR median of $1,820. The month's figures are based on 1,210 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,880 | +$360 (+14.3%) | — | $2,623 – $3,025 | 788 |
| Studio | $2,603 | +$83 (+3.3%) | — | $2,471 – $2,686 | 3 |
| 1BR | $3,878 | −$112 (-2.8%) | — | $3,333 – $4,039 | 277 |
| 1BR | $3,381 | −$609 (-15.3%) | — | $3,243 – $3,415 | 4 |
| 2BR | $5,338 | −$229 (-4.1%) | — | $5,338 – $5,338 | 1 |
| 2BR | $5,925 | +$358 (+6.4%) | — | $5,907 – $6,553 | 129 |
| 3BR | $10,275 | +$3,575 (+53.4%) | — | $6,786 – $12,650 | 4 |
| 3BR | $10,275 | +$3,575 (+53.4%) | — | $6,786 – $12,650 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — May 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,880 | $1,661 | +$1,219 (+73.4%) |
| Studio | $2,603 | $1,661 | +$942 (+56.7%) |
| 1BR | $3,878 | $1,820 | +$2,058 (+113.1%) |
| 1BR | $3,381 | $1,820 | +$1,561 (+85.7%) |
| 2BR | $5,338 | $2,200 | +$3,138 (+142.6%) |
| 2BR | $5,925 | $2,200 | +$3,725 (+169.3%) |
| 3BR | $10,275 | $2,550 | +$7,725 (+302.9%) |
| 3BR | $10,275 | $2,550 | +$7,725 (+302.9%) |
Citywide figure is the median of zip-level medians across 162 New York City zip codes with listings in May 2021.