Monthly Rent Report

Financial District Rent Report — October 2022

Asking rents in ZIP 10006, New York City, from 72 listings.

Median 1BR rent in Financial District was $4,045 in October 2022, down 18.4% (−$915) from September 2022 and down 0.1% year-over-year. The middle half of 1BR listings asked between $4,045 and $4,045. That puts Financial District $1,790 above the New York City citywide 1BR median of $2,255. The month's figures are based on 72 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2022Vs. October 2021P25–P75 RangeListings
Studio$3,698+$48 (+1.3%)+$1,010 (+37.6%)$3,444 – $4,10024
Studio$3,525−$125 (-3.4%)+$838 (+31.2%)$3,438 – $3,6132
Studio$3,650$0 (0.0%)+$963 (+35.8%)$3,625 – $3,6634
1BR$4,045−$915 (-18.4%)−$5 (-0.1%)$4,045 – $4,0451
1BR$4,500−$460 (-9.3%)+$450 (+11.1%)$4,365 – $4,96017
1BR$8,725+$3,765 (+75.9%)+$4,675 (+115.4%)$6,950 – $10,5004
2BR$6,395−$141 (-2.2%)+$811 (+14.5%)$5,345 – $6,84910
2BR$6,295−$241 (-3.7%)+$711 (+12.7%)$6,295 – $6,2951
2BR$7,000+$464 (+7.1%)+$1,416 (+25.3%)$6,429 – $7,9487
3BR$6,500−$1,735 (-21.1%)$6,500 – $6,5001
3BR$6,500−$1,735 (-21.1%)$6,500 – $6,5001

Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.

Financial District vs. New York CityOctober 2022

BedroomsFinancial District MedianNYC Citywide MedianDifference
Studio$3,698$2,283+$1,415 (+62.0%)
Studio$3,525$2,283+$1,243 (+54.4%)
Studio$3,650$2,283+$1,368 (+59.9%)
1BR$4,045$2,255+$1,790 (+79.4%)
1BR$4,500$2,255+$2,245 (+99.6%)
1BR$8,725$2,255+$6,470 (+286.9%)
2BR$6,395$2,700+$3,695 (+136.9%)
2BR$6,295$2,700+$3,595 (+133.1%)
2BR$7,000$2,700+$4,300 (+159.3%)
3BR$6,500$3,200+$3,300 (+103.1%)
3BR$6,500$3,200+$3,300 (+103.1%)

Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.

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