Monthly Rent Report
Financial District Rent Report — July 2021
Asking rents in ZIP 10005, New York City, from 645 listings.
Median 1BR rent in Financial District was $4,385 in July 2021, up 28.4% (+$970) from June 2021 and up 0.2% year-over-year. The middle half of 1BR listings asked between $4,145 and $4,725. That puts Financial District $2,494 above the New York City citywide 1BR median of $1,891. The month's figures are based on 645 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,295 | +$316 (+10.6%) | +$608 (+22.6%) | $3,052 – $3,741 | 426 |
| Studio | $3,152 | +$173 (+5.8%) | +$465 (+17.3%) | $3,152 – $3,152 | 1 |
| 1BR | $4,385 | +$970 (+28.4%) | +$8 (+0.2%) | $4,145 – $4,725 | 154 |
| 1BR | $3,195 | −$220 (-6.4%) | −$1,182 (-27.0%) | $2,904 – $3,259 | 3 |
| 2BR | $5,348 | −$2,263 (-29.7%) | −$572 (-9.7%) | $5,348 – $5,348 | 1 |
| 2BR | $7,195 | −$416 (-5.5%) | +$1,275 (+21.5%) | $4,782 – $7,500 | 48 |
| 3BR | $11,225 | −$1,275 (-10.2%) | +$2,223 (+24.7%) | $9,763 – $12,500 | 6 |
| 3BR | $11,225 | −$1,275 (-10.2%) | +$2,223 (+24.7%) | $9,763 – $12,500 | 6 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — July 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,295 | $1,785 | +$1,510 (+84.6%) |
| Studio | $3,152 | $1,785 | +$1,367 (+76.6%) |
| 1BR | $4,385 | $1,891 | +$2,494 (+131.9%) |
| 1BR | $3,195 | $1,891 | +$1,304 (+69.0%) |
| 2BR | $5,348 | $2,250 | +$3,099 (+137.7%) |
| 2BR | $7,195 | $2,250 | +$4,946 (+219.8%) |
| 3BR | $11,225 | $2,600 | +$8,625 (+331.7%) |
| 3BR | $11,225 | $2,600 | +$8,625 (+331.7%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2021.