Monthly Rent Report
Financial District Rent Report — July 2021
Asking rents in ZIP 10006, New York City, from 157 listings.
Median 1BR rent in Financial District was $3,946 in July 2021, up 9.7% (+$348) from June 2021 and up 8.0% year-over-year. The middle half of 1BR listings asked between $3,737 and $4,295. That puts Financial District $2,055 above the New York City citywide 1BR median of $1,891. The month's figures are based on 157 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,788 | −$167 (-5.7%) | −$107 (-3.7%) | $2,673 – $2,881 | 4 |
| Studio | $3,060 | +$105 (+3.6%) | +$165 (+5.7%) | $2,966 – $3,195 | 42 |
| 1BR | $3,946 | +$348 (+9.7%) | +$291 (+8.0%) | $3,737 – $4,295 | 85 |
| 1BR | $3,254 | −$344 (-9.6%) | −$401 (-11.0%) | $3,254 – $3,352 | 3 |
| 2BR | $5,203 | −$313 (-5.7%) | +$703 (+15.6%) | $5,076 – $5,832 | 14 |
| 2BR | $5,516 | $0 (0.0%) | +$1,016 (+22.6%) | $5,350 – $5,516 | 9 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — July 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,788 | $1,785 | +$1,003 (+56.2%) |
| Studio | $3,060 | $1,785 | +$1,275 (+71.5%) |
| 1BR | $3,946 | $1,891 | +$2,055 (+108.7%) |
| 1BR | $3,254 | $1,891 | +$1,363 (+72.1%) |
| 2BR | $5,203 | $2,250 | +$2,954 (+131.3%) |
| 2BR | $5,516 | $2,250 | +$3,267 (+145.2%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2021.