Monthly Rent Report
Financial District Rent Report — August 2022
Asking rents in ZIP 10006, New York City, from 158 listings.
Median 1BR rent in Financial District was $4,572 in August 2022, down 8.5% (−$423) from July 2022 and up 17.2% year-over-year. The middle half of 1BR listings asked between $4,300 and $4,960. That puts Financial District $2,222 above the New York City citywide 1BR median of $2,350. The month's figures are based on 158 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,575 | +$98 (+2.8%) | +$403 (+12.7%) | $3,455 – $3,898 | 36 |
| Studio | $2,895 | −$582 (-16.8%) | −$277 (-8.7%) | $2,895 – $2,895 | 1 |
| Studio | $3,455 | −$22 (-0.6%) | +$283 (+8.9%) | $3,455 – $3,455 | 5 |
| 1BR | $4,572 | −$423 (-8.5%) | +$672 (+17.2%) | $4,300 – $4,960 | 44 |
| 1BR | $3,695 | −$1,300 (-26.0%) | −$205 (-5.3%) | $3,695 – $3,695 | 1 |
| 1BR | $5,163 | +$168 (+3.4%) | +$1,263 (+32.4%) | $4,514 – $5,485 | 10 |
| 2BR | $6,750 | −$4,750 (-41.3%) | +$738 (+12.3%) | $6,750 – $7,075 | 7 |
| 2BR | $6,255 | −$5,245 (-45.6%) | +$243 (+4.0%) | $6,145 – $6,617 | 3 |
| 2BR | $7,050 | −$4,450 (-38.7%) | +$1,038 (+17.3%) | $6,750 – $8,573 | 27 |
| 3BR | $8,970 | −$9,530 (-51.5%) | — | $8,970 – $17,000 | 10 |
| 3BR | $8,970 | −$9,530 (-51.5%) | — | $8,970 – $8,970 | 4 |
| 3BR | $8,970 | −$9,530 (-51.5%) | — | $8,970 – $11,485 | 7 |
| 4BR | $15,000 | — | −$3,500 (-18.9%) | $15,000 – $15,000 | 2 |
| 4BR | $15,000 | — | −$3,500 (-18.9%) | $15,000 – $15,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — August 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,575 | $2,300 | +$1,275 (+55.4%) |
| Studio | $2,895 | $2,300 | +$595 (+25.9%) |
| Studio | $3,455 | $2,300 | +$1,155 (+50.2%) |
| 1BR | $4,572 | $2,350 | +$2,222 (+94.6%) |
| 1BR | $3,695 | $2,350 | +$1,345 (+57.2%) |
| 1BR | $5,163 | $2,350 | +$2,813 (+119.7%) |
| 2BR | $6,750 | $2,800 | +$3,950 (+141.1%) |
| 2BR | $6,255 | $2,800 | +$3,455 (+123.4%) |
| 2BR | $7,050 | $2,800 | +$4,250 (+151.8%) |
| 3BR | $8,970 | $3,350 | +$5,620 (+167.8%) |
| 3BR | $8,970 | $3,350 | +$5,620 (+167.8%) |
| 3BR | $8,970 | $3,350 | +$5,620 (+167.8%) |
| 4BR | $15,000 | $4,224 | +$10,776 (+255.1%) |
| 4BR | $15,000 | $4,224 | +$10,776 (+255.1%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.