Monthly Rent Report
Financial District Rent Report — September 2020
Asking rents in ZIP 10006, New York City, from 1,016 listings.
Median 1BR rent in Financial District was $3,295 in September 2020, down 1.4% (−$48) from August 2020. The middle half of 1BR listings asked between $2,952 and $3,578. That puts Financial District $1,470 above the New York City citywide 1BR median of $1,825. The month's figures are based on 1,016 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,550 | +$61 (+2.4%) | — | $2,481 – $2,738 | 244 |
| Studio | $3,509 | +$1,020 (+41.0%) | — | $3,509 – $3,509 | 1 |
| Studio | $2,574 | +$85 (+3.4%) | — | $2,335 – $2,800 | 47 |
| 1BR | $3,295 | −$48 (-1.4%) | — | $2,952 – $3,578 | 171 |
| 1BR | $3,329 | −$14 (-0.4%) | — | $2,952 – $3,578 | 239 |
| 1BR | $3,334 | −$9 (-0.3%) | — | $3,055 – $3,813 | 68 |
| 2BR | $4,967 | +$453 (+10.0%) | — | $4,714 – $4,967 | 78 |
| 2BR | $4,967 | +$453 (+10.0%) | — | $4,714 – $4,967 | 104 |
| 2BR | $5,148 | +$633 (+14.0%) | — | $4,550 – $6,229 | 26 |
| 3BR | $7,195 | −$554 (-7.1%) | — | $7,195 – $7,195 | 16 |
| 3BR | $4,150 | −$3,599 (-46.4%) | — | $3,675 – $4,150 | 3 |
| 3BR | $7,195 | −$554 (-7.1%) | — | $7,195 – $7,195 | 19 |
Median, P25, and P75 are asking rents from listings posted in September 2020. Changes compare against the nearest prior month with data.
Financial District vs. New York City — September 2020
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,550 | $1,727 | +$823 (+47.7%) |
| Studio | $3,509 | $1,727 | +$1,783 (+103.2%) |
| Studio | $2,574 | $1,727 | +$848 (+49.1%) |
| 1BR | $3,295 | $1,825 | +$1,470 (+80.5%) |
| 1BR | $3,329 | $1,825 | +$1,504 (+82.4%) |
| 1BR | $3,334 | $1,825 | +$1,509 (+82.7%) |
| 2BR | $4,967 | $2,200 | +$2,767 (+125.8%) |
| 2BR | $4,967 | $2,200 | +$2,767 (+125.8%) |
| 2BR | $5,148 | $2,200 | +$2,948 (+134.0%) |
| 3BR | $7,195 | $2,600 | +$4,595 (+176.7%) |
| 3BR | $4,150 | $2,600 | +$1,550 (+59.6%) |
| 3BR | $7,195 | $2,600 | +$4,595 (+176.7%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in September 2020.