Monthly Rent Report
Financial District Rent Report — February 2022
Asking rents in ZIP 10005, New York City, from 42 listings.
Median 1BR rent in Financial District was $4,033 in February 2022, up 3.9% (+$153) from January 2022 and up 49.4% year-over-year. The middle half of 1BR listings asked between $3,794 and $4,308. That puts Financial District $2,097 above the New York City citywide 1BR median of $1,937. The month's figures are based on 42 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2022 | Vs. February 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,025 | −$545 (-15.3%) | +$154 (+5.3%) | $3,025 – $3,025 | 1 |
| 1BR | $4,033 | +$153 (+3.9%) | +$1,333 (+49.4%) | $3,794 – $4,308 | 5 |
| 2BR | $7,350 | +$375 (+5.4%) | +$2,758 (+60.1%) | $6,870 – $7,575 | 32 |
| 3BR | $10,075 | +$3,381 (+50.5%) | +$7,080 (+236.4%) | $7,579 – $12,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — February 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,025 | $1,835 | +$1,190 (+64.9%) |
| 1BR | $4,033 | $1,937 | +$2,097 (+108.3%) |
| 2BR | $7,350 | $2,300 | +$5,050 (+219.6%) |
| 3BR | $10,075 | $2,800 | +$7,275 (+259.8%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in February 2022.