Monthly Rent Report
Financial District Rent Report — November 2022
Asking rents in ZIP 10005, New York City, from 147 listings.
Median 1BR rent in Financial District was $4,892 in November 2022, down 2.1% (−$105) from October 2022 and up 19.3% year-over-year. The middle half of 1BR listings asked between $4,546 and $5,010. That puts Financial District $2,648 above the New York City citywide 1BR median of $2,244. The month's figures are based on 147 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,699 | +$82 (+2.3%) | +$8 (+0.2%) | $3,672 – $3,895 | 5 |
| Studio | $4,136 | +$519 (+14.3%) | +$445 (+12.1%) | $4,136 – $4,136 | 8 |
| Studio | $3,990 | +$373 (+10.3%) | +$299 (+8.1%) | $3,349 – $4,398 | 34 |
| 1BR | $4,892 | −$105 (-2.1%) | +$792 (+19.3%) | $4,546 – $5,010 | 7 |
| 1BR | $5,082 | +$85 (+1.7%) | +$982 (+23.9%) | $4,991 – $5,394 | 6 |
| 1BR | $5,000 | +$3 (+0.1%) | +$900 (+22.0%) | $4,500 – $6,000 | 53 |
| 2BR | $7,000 | +$250 (+3.7%) | −$215 (-3.0%) | $6,700 – $7,700 | 17 |
| 2BR | $6,700 | −$50 (-0.7%) | −$515 (-7.1%) | $6,700 – $6,725 | 3 |
| 3BR | $10,900 | +$700 (+6.9%) | −$1,600 (-12.8%) | $7,713 – $12,750 | 7 |
| 3BR | $5,492 | −$4,708 (-46.2%) | −$7,008 (-56.1%) | $4,795 – $6,188 | 4 |
| 3BR | $11,500 | +$1,300 (+12.7%) | −$1,000 (-8.0%) | $9,038 – $14,750 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — November 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,699 | $2,148 | +$1,551 (+72.2%) |
| Studio | $4,136 | $2,148 | +$1,988 (+92.6%) |
| Studio | $3,990 | $2,148 | +$1,842 (+85.8%) |
| 1BR | $4,892 | $2,244 | +$2,648 (+118.0%) |
| 1BR | $5,082 | $2,244 | +$2,838 (+126.5%) |
| 1BR | $5,000 | $2,244 | +$2,756 (+122.8%) |
| 2BR | $7,000 | $2,700 | +$4,300 (+159.3%) |
| 2BR | $6,700 | $2,700 | +$4,000 (+148.1%) |
| 3BR | $10,900 | $3,200 | +$7,700 (+240.6%) |
| 3BR | $5,492 | $3,200 | +$2,292 (+71.6%) |
| 3BR | $11,500 | $3,200 | +$8,300 (+259.4%) |
Citywide figure is the median of zip-level medians across 170 New York City zip codes with listings in November 2022.