Monthly Rent Report
Financial District Rent Report — December 2022
Asking rents in ZIP 10005, New York City, from 143 listings.
Median 1BR rent in Financial District was $5,055 in December 2022, up 1.1% (+$55) from November 2022 and up 13.0% year-over-year. The middle half of 1BR listings asked between $4,513 and $5,909. That puts Financial District $2,834 above the New York City citywide 1BR median of $2,222. The month's figures are based on 143 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,593 | −$543 (-13.1%) | −$321 (-8.2%) | $3,593 – $3,593 | 1 |
| Studio | $3,934 | −$202 (-4.9%) | +$20 (+0.5%) | $3,787 – $4,092 | 44 |
| Studio | $3,800 | −$336 (-8.1%) | −$114 (-2.9%) | $3,575 – $4,188 | 23 |
| 1BR | $5,055 | +$55 (+1.1%) | +$583 (+13.0%) | $4,513 – $5,909 | 34 |
| 1BR | $4,996 | −$4 (-0.1%) | +$524 (+11.7%) | $4,713 – $5,063 | 14 |
| 1BR | $4,416 | −$584 (-11.7%) | −$56 (-1.3%) | $4,416 – $4,416 | 1 |
| 2BR | $7,025 | +$25 (+0.4%) | +$937 (+15.4%) | $6,650 – $8,049 | 12 |
| 2BR | $6,972 | −$28 (-0.4%) | +$884 (+14.5%) | $6,972 – $6,972 | 3 |
| 2BR | $7,000 | $0 (0.0%) | +$912 (+15.0%) | $7,000 – $7,000 | 1 |
| 3BR | $11,500 | +$6,009 (+109.4%) | +$4,611 (+66.9%) | $9,524 – $13,000 | 8 |
| 3BR | $12,250 | +$6,759 (+123.1%) | +$5,361 (+77.8%) | $11,875 – $12,625 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — December 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,593 | $2,098 | +$1,496 (+71.3%) |
| Studio | $3,934 | $2,098 | +$1,837 (+87.6%) |
| Studio | $3,800 | $2,098 | +$1,703 (+81.2%) |
| 1BR | $5,055 | $2,222 | +$2,834 (+127.5%) |
| 1BR | $4,996 | $2,222 | +$2,775 (+124.9%) |
| 1BR | $4,416 | $2,222 | +$2,195 (+98.8%) |
| 2BR | $7,025 | $2,700 | +$4,325 (+160.2%) |
| 2BR | $6,972 | $2,700 | +$4,272 (+158.2%) |
| 2BR | $7,000 | $2,700 | +$4,300 (+159.3%) |
| 3BR | $11,500 | $3,200 | +$8,300 (+259.4%) |
| 3BR | $12,250 | $3,200 | +$9,050 (+282.8%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.