Monthly Rent Report
Financial District Rent Report — November 2021
Asking rents in ZIP 10005, New York City, from 41 listings.
Median 1BR rent in Financial District was $4,100 in November 2021, down 10.4% (−$474) from October 2021 and up 38.0% year-over-year. The middle half of 1BR listings asked between $4,100 and $4,100. That puts Financial District $2,188 above the New York City citywide 1BR median of $1,913. The month's figures are based on 41 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2021 | Vs. November 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,691 | +$501 (+15.7%) | +$1,584 (+75.1%) | $3,691 – $3,691 | 1 |
| 1BR | $4,100 | −$474 (-10.4%) | +$1,128 (+38.0%) | $4,100 – $4,100 | 1 |
| 2BR | $7,215 | +$1,015 (+16.4%) | +$1,612 (+28.8%) | $6,520 – $7,545 | 38 |
| 3BR | $12,500 | +$6,205 (+98.6%) | +$3,203 (+34.4%) | $12,500 – $12,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — November 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,691 | $1,774 | +$1,918 (+108.1%) |
| 1BR | $4,100 | $1,913 | +$2,188 (+114.4%) |
| 2BR | $7,215 | $2,272 | +$4,943 (+217.5%) |
| 3BR | $12,500 | $2,800 | +$9,700 (+346.4%) |
Citywide figure is the median of zip-level medians across 164 New York City zip codes with listings in November 2021.