Monthly Rent Report
Financial District Rent Report — May 2022
Asking rents in ZIP 10006, New York City, from 8 listings.
Median 1BR rent in Financial District was $4,175 in May 2022, down 9.2% (−$425) from April 2022 and up 24.7% year-over-year. The middle half of 1BR listings asked between $4,175 and $4,175. That puts Financial District $2,113 above the New York City citywide 1BR median of $2,063. The month's figures are based on 8 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,875 | −$1,075 (-27.2%) | +$625 (+27.8%) | $2,875 – $2,875 | 1 |
| 1BR | $4,175 | −$425 (-9.2%) | +$826 (+24.7%) | $4,175 – $4,175 | 1 |
| 2BR | $6,519 | +$506 (+8.4%) | +$524 (+8.7%) | $6,517 – $6,580 | 3 |
| 3BR | $16,000 | — | +$10,005 (+166.9%) | $13,750 – $17,000 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — May 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,875 | $1,875 | +$1,000 (+53.3%) |
| 1BR | $4,175 | $2,063 | +$2,113 (+102.4%) |
| 2BR | $6,519 | $2,499 | +$4,020 (+160.9%) |
| 3BR | $16,000 | $2,950 | +$13,050 (+442.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2022.