Monthly Rent Report
Financial District Rent Report — February 2023
Asking rents in ZIP 10006, New York City, from 29 listings.
Median 1BR rent in Financial District was $4,105 in February 2023, down 3.4% (−$145) from January 2023 and down 7.1% year-over-year. The middle half of 1BR listings asked between $4,092 and $4,117. That puts Financial District $1,905 above the New York City citywide 1BR median of $2,200. The month's figures are based on 29 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,288 | −$212 (-6.1%) | −$322 (-8.9%) | $3,056 – $3,763 | 10 |
| Studio | $3,500 | $0 (0.0%) | −$110 (-3.0%) | $3,248 – $3,750 | 3 |
| 1BR | $4,105 | −$145 (-3.4%) | −$314 (-7.1%) | $4,092 – $4,117 | 2 |
| 1BR | $4,000 | −$250 (-5.9%) | −$419 (-9.5%) | $4,000 – $4,000 | 1 |
| 2BR | $7,127 | −$1,080 (-13.2%) | +$1,369 (+23.8%) | $6,140 – $8,053 | 4 |
| 2BR | $4,750 | −$3,456 (-42.1%) | −$1,008 (-17.5%) | $4,750 – $4,750 | 1 |
| 3BR | $16,995 | +$10,145 (+148.1%) | — | $14,995 – $16,995 | 5 |
| 3BR | $11,748 | +$4,898 (+71.5%) | — | $9,124 – $14,371 | 2 |
| 3BR | $14,995 | +$8,145 (+118.9%) | — | $14,995 – $14,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Financial District vs. New York City — February 2023
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,288 | $2,260 | +$1,028 (+45.5%) |
| Studio | $3,500 | $2,260 | +$1,240 (+54.9%) |
| 1BR | $4,105 | $2,200 | +$1,905 (+86.6%) |
| 1BR | $4,000 | $2,200 | +$1,801 (+81.9%) |
| 2BR | $7,127 | $2,695 | +$4,432 (+164.4%) |
| 2BR | $4,750 | $2,695 | +$2,055 (+76.3%) |
| 3BR | $16,995 | $3,200 | +$13,795 (+431.1%) |
| 3BR | $11,748 | $3,200 | +$8,548 (+267.1%) |
| 3BR | $14,995 | $3,200 | +$11,795 (+368.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.