Monthly Rent Report
Financial District Rent Report — September 2021
Asking rents in ZIP 10005, New York City, from 585 listings.
Median 1BR rent in Financial District was $6,379 in September 2021, up 37.2% (+$1,728) from August 2021 and up 69.4% year-over-year. The middle half of 1BR listings asked between $5,902 and $6,856. That puts Financial District $4,429 above the New York City citywide 1BR median of $1,950. The month's figures are based on 585 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2021 | Vs. September 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,400 | +$1,040 (+31.0%) | +$1,678 (+61.6%) | $4,400 – $4,400 | 1 |
| Studio | $3,585 | +$225 (+6.7%) | +$863 (+31.7%) | $3,309 – $3,772 | 389 |
| 1BR | $6,379 | +$1,728 (+37.2%) | +$2,613 (+69.4%) | $5,902 – $6,856 | 2 |
| 1BR | $4,508 | −$143 (-3.1%) | +$742 (+19.7%) | $4,316 – $4,799 | 142 |
| 2BR | $6,332 | $0 (0.0%) | +$832 (+15.1%) | $6,190 – $7,275 | 33 |
| 2BR | $7,158 | +$826 (+13.0%) | +$1,658 (+30.1%) | $6,793 – $7,349 | 16 |
| 3BR | $12,500 | +$4,705 (+60.4%) | +$3,400 (+37.4%) | $12,500 – $12,500 | 1 |
| 3BR | $5,700 | −$2,095 (-26.9%) | −$3,400 (-37.4%) | $5,700 – $5,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — September 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,400 | $1,799 | +$2,601 (+144.6%) |
| Studio | $3,585 | $1,799 | +$1,786 (+99.3%) |
| 1BR | $6,379 | $1,950 | +$4,429 (+227.2%) |
| 1BR | $4,508 | $1,950 | +$2,558 (+131.2%) |
| 2BR | $6,332 | $2,300 | +$4,032 (+175.3%) |
| 2BR | $7,158 | $2,300 | +$4,858 (+211.2%) |
| 3BR | $12,500 | $2,700 | +$9,800 (+363.0%) |
| 3BR | $5,700 | $2,700 | +$3,000 (+111.1%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in September 2021.