Monthly Rent Report
Financial District Rent Report — October 2020
Asking rents in ZIP 10006, New York City, from 127 listings.
Median 1BR rent in Financial District was $3,695 in October 2020, up 10.8% (+$362) from September 2020. The middle half of 1BR listings asked between $3,430 and $4,003. That puts Financial District $1,795 above the New York City citywide 1BR median of $1,900. The month's figures are based on 127 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | +$251 (+9.8%) | — | $2,035 – $3,400 | 6 |
| Studio | $2,392 | −$157 (-6.2%) | — | $2,392 – $2,392 | 1 |
| Studio | $2,755 | +$206 (+8.1%) | — | $2,695 – $2,870 | 30 |
| 1BR | $3,695 | +$362 (+10.8%) | — | $3,430 – $4,003 | 16 |
| 1BR | $3,995 | +$662 (+19.8%) | — | $3,779 – $4,295 | 15 |
| 1BR | $2,937 | −$396 (-11.9%) | — | $2,937 – $2,937 | 1 |
| 2BR | $5,300 | +$153 (+3.0%) | — | $5,300 – $5,521 | 6 |
| 2BR | $5,300 | +$153 (+3.0%) | — | $5,300 – $5,595 | 42 |
| 2BR | $6,388 | +$1,240 (+24.1%) | — | $5,600 – $6,888 | 10 |
Median, P25, and P75 are asking rents from listings posted in October 2020. Changes compare against the nearest prior month with data.
Financial District vs. New York City — October 2020
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,800 | $1,795 | +$1,006 (+56.0%) |
| Studio | $2,392 | $1,795 | +$598 (+33.3%) |
| Studio | $2,755 | $1,795 | +$961 (+53.5%) |
| 1BR | $3,695 | $1,900 | +$1,795 (+94.5%) |
| 1BR | $3,995 | $1,900 | +$2,095 (+110.3%) |
| 1BR | $2,937 | $1,900 | +$1,037 (+54.6%) |
| 2BR | $5,300 | $2,250 | +$3,050 (+135.6%) |
| 2BR | $5,300 | $2,250 | +$3,050 (+135.6%) |
| 2BR | $6,388 | $2,250 | +$4,138 (+183.9%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in October 2020.