Monthly Rent Report
Financial District Rent Report — July 2022
Asking rents in ZIP 10006, New York City, from 46 listings.
Median 1BR rent in Financial District was $4,500 in July 2022, up 2.4% (+$105) from June 2022 and up 14.0% year-over-year. The middle half of 1BR listings asked between $4,475 and $4,995. That puts Financial District $2,234 above the New York City citywide 1BR median of $2,266. The month's figures are based on 46 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,775 | −$147 (-3.7%) | +$988 (+35.4%) | $3,688 – $3,975 | 3 |
| Studio | $3,478 | −$444 (-11.3%) | +$690 (+24.8%) | $3,466 – $3,489 | 2 |
| Studio | $3,355 | −$567 (-14.5%) | +$568 (+20.4%) | $3,250 – $3,450 | 13 |
| 1BR | $4,500 | +$105 (+2.4%) | +$554 (+14.0%) | $4,475 – $4,995 | 5 |
| 1BR | $4,995 | +$600 (+13.7%) | +$1,049 (+26.6%) | $4,995 – $4,995 | 1 |
| 1BR | $4,200 | −$195 (-4.4%) | +$254 (+6.4%) | $4,200 – $4,300 | 3 |
| 2BR | $6,586 | −$12 (-0.2%) | +$1,383 (+26.6%) | $6,202 – $6,645 | 6 |
| 2BR | $11,500 | +$4,902 (+74.3%) | +$6,297 (+121.0%) | $7,688 – $15,250 | 4 |
| 2BR | $6,750 | +$152 (+2.3%) | +$1,547 (+29.7%) | $6,750 – $6,750 | 2 |
| 3BR | $6,500 | −$11,000 (-62.9%) | — | $6,349 – $6,825 | 4 |
| 3BR | $7,150 | −$10,350 (-59.1%) | — | $6,825 – $7,475 | 2 |
| 3BR | $18,500 | +$1,000 (+5.7%) | — | $18,500 – $18,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — July 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,775 | $2,245 | +$1,530 (+68.2%) |
| Studio | $3,478 | $2,245 | +$1,233 (+54.9%) |
| Studio | $3,355 | $2,245 | +$1,110 (+49.5%) |
| 1BR | $4,500 | $2,266 | +$2,234 (+98.6%) |
| 1BR | $4,995 | $2,266 | +$2,729 (+120.5%) |
| 1BR | $4,200 | $2,266 | +$1,934 (+85.4%) |
| 2BR | $6,586 | $2,800 | +$3,786 (+135.2%) |
| 2BR | $11,500 | $2,800 | +$8,700 (+310.7%) |
| 2BR | $6,750 | $2,800 | +$3,950 (+141.1%) |
| 3BR | $6,500 | $3,250 | +$3,250 (+100.0%) |
| 3BR | $7,150 | $3,250 | +$3,900 (+120.0%) |
| 3BR | $18,500 | $3,250 | +$15,250 (+469.2%) |
Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in July 2022.