Monthly Rent Report
Financial District Rent Report — December 2021
Asking rents in ZIP 10005, New York City, from 8 listings.
Median 1BR rent in Financial District was $4,472 in December 2021, up 9.1% (+$372) from November 2021 and up 53.2% year-over-year. The middle half of 1BR listings asked between $4,133 and $4,662. That puts Financial District $2,523 above the New York City citywide 1BR median of $1,950. The month's figures are based on 8 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. December 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,914 | +$223 (+6.0%) | +$1,833 (+88.1%) | $3,718 – $4,072 | 3 |
| 1BR | $4,472 | +$372 (+9.1%) | +$1,553 (+53.2%) | $4,133 – $4,662 | 3 |
| 2BR | $6,088 | −$1,127 (-15.6%) | +$2,650 (+77.1%) | $6,088 – $6,088 | 1 |
| 3BR | $6,889 | −$5,611 (-44.9%) | +$2,242 (+48.2%) | $6,889 – $6,889 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — December 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,914 | $1,776 | +$2,138 (+120.4%) |
| 1BR | $4,472 | $1,950 | +$2,523 (+129.4%) |
| 2BR | $6,088 | $2,300 | +$3,788 (+164.7%) |
| 3BR | $6,889 | $2,800 | +$4,089 (+146.0%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in December 2021.