Monthly Rent Report
Financial District Rent Report — August 2020
Asking rents in ZIP 10006, New York City, from 970 listings.
Median 1BR rent in Financial District was $3,235 in August 2020, down 5.9% (−$204) from July 2020. The middle half of 1BR listings asked between $3,180 and $3,578. That puts Financial District $1,351 above the New York City citywide 1BR median of $1,885. The month's figures are based on 970 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,584 | −$311 (-10.8%) | — | $2,412 – $2,738 | 150 |
| Studio | $2,654 | −$241 (-8.3%) | — | $2,561 – $2,765 | 211 |
| Studio | $2,489 | −$406 (-14.0%) | — | $2,234 – $2,738 | 38 |
| 1BR | $3,235 | −$204 (-5.9%) | — | $3,180 – $3,578 | 130 |
| 1BR | $3,343 | −$96 (-2.8%) | — | $2,952 – $3,578 | 109 |
| 1BR | $3,392 | −$47 (-1.4%) | — | $3,197 – $3,630 | 53 |
| 2BR | $4,515 | +$15 (+0.3%) | — | $3,916 – $4,918 | 26 |
| 2BR | $5,349 | +$849 (+18.9%) | — | $4,967 – $5,349 | 90 |
| 2BR | $4,967 | +$467 (+10.4%) | — | $4,714 – $5,185 | 75 |
| 3BR | $7,749 | −$946 (-10.9%) | — | $7,195 – $7,749 | 42 |
| 3BR | $7,195 | −$1,500 (-17.3%) | — | $7,195 – $7,749 | 33 |
| 3BR | $7,195 | −$1,500 (-17.3%) | — | $4,600 – $15,125 | 9 |
| 4BR | $11,063 | — | — | $7,594 – $14,531 | 2 |
| 4BR | $11,063 | — | — | $7,594 – $14,531 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.
Financial District vs. New York City — August 2020
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,584 | $1,750 | +$834 (+47.6%) |
| Studio | $2,654 | $1,750 | +$904 (+51.7%) |
| Studio | $2,489 | $1,750 | +$739 (+42.2%) |
| 1BR | $3,235 | $1,885 | +$1,351 (+71.7%) |
| 1BR | $3,343 | $1,885 | +$1,459 (+77.4%) |
| 1BR | $3,392 | $1,885 | +$1,508 (+80.0%) |
| 2BR | $4,515 | $2,250 | +$2,265 (+100.6%) |
| 2BR | $5,349 | $2,250 | +$3,099 (+137.7%) |
| 2BR | $4,967 | $2,250 | +$2,717 (+120.8%) |
| 3BR | $7,749 | $2,606 | +$5,143 (+197.4%) |
| 3BR | $7,195 | $2,606 | +$4,589 (+176.1%) |
| 3BR | $7,195 | $2,606 | +$4,589 (+176.1%) |
| 4BR | $11,063 | $3,344 | +$7,719 (+230.9%) |
| 4BR | $11,063 | $3,344 | +$7,719 (+230.9%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in August 2020.