Monthly Rent Report
Financial District Rent Report — July 2022
Asking rents in ZIP 10005, New York City, from 179 listings.
Median 1BR rent in Financial District was $5,009 in July 2022, down 8.9% (−$491) from June 2022 and up 56.8% year-over-year. The middle half of 1BR listings asked between $4,866 and $5,133. That puts Financial District $2,743 above the New York City citywide 1BR median of $2,266. The month's figures are based on 179 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,657 | −$340 (-8.5%) | +$505 (+16.0%) | $3,371 – $4,099 | 28 |
| Studio | $3,550 | −$447 (-11.2%) | +$398 (+12.6%) | $3,550 – $3,550 | 1 |
| Studio | $3,579 | −$418 (-10.5%) | +$427 (+13.5%) | $3,524 – $3,769 | 52 |
| 1BR | $5,009 | −$491 (-8.9%) | +$1,814 (+56.8%) | $4,866 – $5,133 | 36 |
| 1BR | $3,400 | −$2,100 (-38.2%) | +$205 (+6.4%) | $3,400 – $3,400 | 1 |
| 1BR | $4,816 | −$684 (-12.4%) | +$1,621 (+50.7%) | $4,488 – $5,055 | 27 |
| 2BR | $6,997 | +$2,402 (+52.3%) | −$198 (-2.8%) | $6,923 – $6,997 | 8 |
| 2BR | $7,500 | +$2,905 (+63.2%) | +$305 (+4.2%) | $7,000 – $8,000 | 21 |
| 2BR | $6,700 | +$2,105 (+45.8%) | −$495 (-6.9%) | $6,700 – $6,700 | 1 |
| 3BR | $13,500 | +$5,000 (+58.8%) | +$2,275 (+20.3%) | $13,500 – $13,500 | 1 |
| 4BR | $12,750 | — | — | $12,750 – $12,750 | 1 |
| 4BR | $12,750 | — | — | $12,750 – $12,750 | 1 |
| 4BR | $12,750 | — | — | $12,750 – $12,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — July 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,657 | $2,245 | +$1,412 (+62.9%) |
| Studio | $3,550 | $2,245 | +$1,305 (+58.1%) |
| Studio | $3,579 | $2,245 | +$1,334 (+59.4%) |
| 1BR | $5,009 | $2,266 | +$2,743 (+121.1%) |
| 1BR | $3,400 | $2,266 | +$1,134 (+50.1%) |
| 1BR | $4,816 | $2,266 | +$2,550 (+112.6%) |
| 2BR | $6,997 | $2,800 | +$4,197 (+149.9%) |
| 2BR | $7,500 | $2,800 | +$4,700 (+167.9%) |
| 2BR | $6,700 | $2,800 | +$3,900 (+139.3%) |
| 3BR | $13,500 | $3,250 | +$10,250 (+315.4%) |
| 4BR | $12,750 | $4,495 | +$8,255 (+183.6%) |
| 4BR | $12,750 | $4,495 | +$8,255 (+183.6%) |
| 4BR | $12,750 | $4,495 | +$8,255 (+183.6%) |
Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in July 2022.