Monthly Rent Report
Financial District Rent Report — June 2022
Asking rents in ZIP 10005, New York City, from 5 listings.
Median 1BR rent in Financial District was $5,500 in June 2022, up 12.9% (+$630) from May 2022 and up 48.9% year-over-year. The middle half of 1BR listings asked between $5,500 and $5,500. That puts Financial District $3,260 above the New York City citywide 1BR median of $2,240. The month's figures are based on 5 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,997 | −$203 (-4.8%) | +$1,018 (+34.2%) | $3,997 – $3,997 | 1 |
| 1BR | $5,500 | +$630 (+12.9%) | +$1,807 (+48.9%) | $5,500 – $5,500 | 1 |
| 1BR | $5,500 | +$630 (+12.9%) | +$1,807 (+48.9%) | $5,500 – $5,500 | 1 |
| 2BR | $4,595 | −$1,865 (-28.9%) | −$3,016 (-39.6%) | $4,595 – $4,595 | 1 |
| 3BR | $8,500 | $0 (0.0%) | −$4,000 (-32.0%) | $8,500 – $8,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — June 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,997 | $2,078 | +$1,919 (+92.3%) |
| 1BR | $5,500 | $2,240 | +$3,260 (+145.5%) |
| 1BR | $5,500 | $2,240 | +$3,260 (+145.5%) |
| 2BR | $4,595 | $2,600 | +$1,995 (+76.7%) |
| 3BR | $8,500 | $3,200 | +$5,300 (+165.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2022.