Monthly Rent Report
Financial District Rent Report — March 2022
Asking rents in ZIP 10005, New York City, from 6 listings.
Median 1BR rent in Financial District was $4,797 in March 2022, up 18.9% (+$764) from February 2022 and up 68.1% year-over-year. The middle half of 1BR listings asked between $4,797 and $4,797. That puts Financial District $2,702 above the New York City citywide 1BR median of $2,095. The month's figures are based on 6 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,461 | +$436 (+14.4%) | +$1,557 (+81.7%) | $3,459 – $3,464 | 2 |
| 1BR | $4,797 | +$764 (+18.9%) | +$1,944 (+68.1%) | $4,797 – $4,797 | 1 |
| 2BR | $6,686 | −$664 (-9.0%) | +$491 (+7.9%) | $6,686 – $6,686 | 1 |
| 3BR | $9,933 | −$142 (-1.4%) | +$5,215 (+110.5%) | $8,649 – $11,216 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — March 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,461 | $1,850 | +$1,611 (+87.1%) |
| 1BR | $4,797 | $2,095 | +$2,702 (+129.0%) |
| 2BR | $6,686 | $2,398 | +$4,289 (+178.9%) |
| 3BR | $9,933 | $2,990 | +$6,943 (+232.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2022.