Monthly Rent Report
Financial District Rent Report — October 2021
Asking rents in ZIP 10005, New York City, from 15 listings.
Median 1BR rent in Financial District was $4,575 in October 2021, down 28.3% (−$1,804) from September 2021 and up 24.3% year-over-year. The middle half of 1BR listings asked between $4,563 and $4,586. That puts Financial District $2,700 above the New York City citywide 1BR median of $1,875. The month's figures are based on 15 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. October 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,190 | −$1,210 (-27.5%) | +$418 (+15.1%) | $3,168 – $3,379 | 7 |
| 1BR | $4,575 | −$1,804 (-28.3%) | +$894 (+24.3%) | $4,563 – $4,586 | 2 |
| 2BR | $6,200 | −$132 (-2.1%) | +$2,075 (+50.3%) | $6,200 – $6,200 | 1 |
| 3BR | $6,295 | −$6,205 (-49.6%) | −$3,705 (-37.0%) | $5,800 – $6,295 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — October 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,190 | $1,800 | +$1,390 (+77.2%) |
| 1BR | $4,575 | $1,875 | +$2,700 (+144.0%) |
| 2BR | $6,200 | $2,295 | +$3,905 (+170.2%) |
| 3BR | $6,295 | $2,788 | +$3,508 (+125.8%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in October 2021.