Monthly Rent Report
Financial District Rent Report — August 2021
Asking rents in ZIP 10006, New York City, from 86 listings.
Median 1BR rent in Financial District was $3,744 in August 2021, up 15.0% (+$490) from July 2021 and up 12.0% year-over-year. The middle half of 1BR listings asked between $3,737 and $4,263. That puts Financial District $1,884 above the New York City citywide 1BR median of $1,860. The month's figures are based on 86 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | +$13 (+0.4%) | +$311 (+12.5%) | $2,750 – $2,950 | 5 |
| Studio | $3,173 | +$385 (+13.8%) | +$684 (+27.5%) | $2,963 – $3,248 | 26 |
| 1BR | $3,744 | +$490 (+15.0%) | +$401 (+12.0%) | $3,737 – $4,263 | 36 |
| 1BR | $3,900 | +$646 (+19.9%) | +$557 (+16.7%) | $3,825 – $3,975 | 2 |
| 2BR | $6,112 | +$909 (+17.5%) | +$1,598 (+35.4%) | $5,485 – $8,273 | 10 |
| 2BR | $6,013 | +$810 (+15.6%) | +$1,498 (+33.2%) | $5,799 – $6,221 | 4 |
| 4BR | $18,500 | — | +$7,438 (+67.2%) | $18,500 – $18,500 | 1 |
| 4BR | $18,500 | — | +$7,438 (+67.2%) | $18,500 – $18,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Financial District vs. New York City — August 2021
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,800 | $1,749 | +$1,051 (+60.1%) |
| Studio | $3,173 | $1,749 | +$1,424 (+81.4%) |
| 1BR | $3,744 | $1,860 | +$1,884 (+101.3%) |
| 1BR | $3,900 | $1,860 | +$2,040 (+109.7%) |
| 2BR | $6,112 | $2,275 | +$3,837 (+168.7%) |
| 2BR | $6,013 | $2,275 | +$3,738 (+164.3%) |
| 4BR | $18,500 | $3,350 | +$15,150 (+452.2%) |
| 4BR | $18,500 | $3,350 | +$15,150 (+452.2%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in August 2021.