Monthly Rent Report
Financial District Rent Report — May 2022
Asking rents in ZIP 10005, New York City, from 4 listings.
Median 1BR rent in Financial District was $4,870 in May 2022, up 19.4% (+$791) from April 2022 and up 44.1% year-over-year. The middle half of 1BR listings asked between $4,870 and $4,870. That puts Financial District $2,808 above the New York City citywide 1BR median of $2,063. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,200 | +$605 (+16.8%) | +$1,597 (+61.4%) | $4,200 – $4,200 | 1 |
| 1BR | $4,870 | +$791 (+19.4%) | +$1,490 (+44.1%) | $4,870 – $4,870 | 1 |
| 2BR | $6,460 | −$594 (-8.4%) | +$535 (+9.0%) | $6,460 – $6,460 | 1 |
| 3BR | $8,500 | +$1,925 (+29.3%) | −$1,775 (-17.3%) | $8,500 – $8,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — May 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,200 | $1,875 | +$2,325 (+124.0%) |
| 1BR | $4,870 | $2,063 | +$2,808 (+136.1%) |
| 2BR | $6,460 | $2,499 | +$3,961 (+158.5%) |
| 3BR | $8,500 | $2,950 | +$5,550 (+188.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2022.