Monthly Rent Report
Financial District Rent Report — September 2022
Asking rents in ZIP 10005, New York City, from 504 listings.
Median 1BR rent in Financial District was $5,616 in September 2022, up 11.8% (+$594) from August 2022 and up 24.6% year-over-year. The middle half of 1BR listings asked between $4,825 and $6,775. That puts Financial District $3,316 above the New York City citywide 1BR median of $2,300. The month's figures are based on 504 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,572 | −$338 (-8.6%) | −$828 (-18.8%) | $3,482 – $3,727 | 9 |
| Studio | $3,790 | −$120 (-3.1%) | −$610 (-13.9%) | $3,475 – $4,705 | 93 |
| Studio | $3,852 | −$58 (-1.5%) | −$548 (-12.5%) | $3,636 – $4,085 | 153 |
| 1BR | $5,616 | +$594 (+11.8%) | +$1,108 (+24.6%) | $4,825 – $6,775 | 101 |
| 1BR | $5,007 | −$15 (-0.3%) | +$499 (+11.1%) | $4,900 – $5,263 | 3 |
| 1BR | $5,159 | +$137 (+2.7%) | +$651 (+14.4%) | $4,969 – $5,342 | 58 |
| 2BR | $7,011 | +$261 (+3.9%) | +$679 (+10.7%) | $6,854 – $7,167 | 2 |
| 2BR | $8,100 | +$1,350 (+20.0%) | +$1,768 (+27.9%) | $8,100 – $8,100 | 1 |
| 2BR | $7,356 | +$606 (+9.0%) | +$1,024 (+16.2%) | $6,750 – $8,300 | 59 |
| 3BR | $9,008 | +$10 (+0.1%) | +$3,308 (+58.0%) | $7,224 – $10,000 | 12 |
| 3BR | $9,008 | +$10 (+0.1%) | +$3,308 (+58.0%) | $7,224 – $10,000 | 12 |
| 3BR | $4,500 | −$4,497 (-50.0%) | −$1,200 (-21.1%) | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — September 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,572 | $2,200 | +$1,372 (+62.4%) |
| Studio | $3,790 | $2,200 | +$1,590 (+72.3%) |
| Studio | $3,852 | $2,200 | +$1,652 (+75.1%) |
| 1BR | $5,616 | $2,300 | +$3,316 (+144.2%) |
| 1BR | $5,007 | $2,300 | +$2,707 (+117.7%) |
| 1BR | $5,159 | $2,300 | +$2,859 (+124.3%) |
| 2BR | $7,011 | $2,800 | +$4,211 (+150.4%) |
| 2BR | $8,100 | $2,800 | +$5,300 (+189.3%) |
| 2BR | $7,356 | $2,800 | +$4,556 (+162.7%) |
| 3BR | $9,008 | $3,395 | +$5,613 (+165.3%) |
| 3BR | $9,008 | $3,395 | +$5,613 (+165.3%) |
| 3BR | $4,500 | $3,395 | +$1,105 (+32.5%) |
Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.