Monthly Rent Report
Financial District Rent Report — April 2023
Asking rents in ZIP 10006, New York City, from 102 listings.
Median 1BR rent in Financial District was $4,339 in April 2023, down 17.4% (−$911) from March 2023 and down 5.7% year-over-year. The middle half of 1BR listings asked between $4,137 and $4,893. That puts Financial District $1,966 above the New York City citywide 1BR median of $2,373. The month's figures are based on 102 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,525 | +$530 (+17.7%) | −$425 (-10.8%) | $3,388 – $3,663 | 2 |
| Studio | $3,517 | +$522 (+17.4%) | −$433 (-11.0%) | $3,480 – $3,683 | 22 |
| 1BR | $4,339 | −$911 (-17.4%) | −$261 (-5.7%) | $4,137 – $4,893 | 42 |
| 1BR | $3,850 | −$1,400 (-26.7%) | −$750 (-16.3%) | $3,850 – $3,850 | 2 |
| 1BR | $4,419 | −$831 (-15.8%) | −$181 (-3.9%) | $4,348 – $4,490 | 4 |
| 2BR | $7,150 | −$350 (-4.7%) | +$1,137 (+18.9%) | $7,150 – $7,150 | 2 |
| 2BR | $5,684 | −$1,816 (-24.2%) | −$329 (-5.5%) | $5,684 – $5,684 | 1 |
| 2BR | $7,500 | $0 (0.0%) | +$1,487 (+24.7%) | $6,220 – $11,500 | 25 |
| 3BR | $4,750 | −$11,250 (-70.3%) | — | $4,750 – $4,750 | 1 |
| 3BR | $4,750 | −$11,250 (-70.3%) | — | $4,750 – $4,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Financial District vs. New York City — April 2023
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,525 | $2,349 | +$1,176 (+50.1%) |
| Studio | $3,517 | $2,349 | +$1,168 (+49.7%) |
| 1BR | $4,339 | $2,373 | +$1,966 (+82.9%) |
| 1BR | $3,850 | $2,373 | +$1,478 (+62.3%) |
| 1BR | $4,419 | $2,373 | +$2,047 (+86.3%) |
| 2BR | $7,150 | $2,795 | +$4,355 (+155.8%) |
| 2BR | $5,684 | $2,795 | +$2,889 (+103.4%) |
| 2BR | $7,500 | $2,795 | +$4,705 (+168.3%) |
| 3BR | $4,750 | $3,200 | +$1,550 (+48.4%) |
| 3BR | $4,750 | $3,200 | +$1,550 (+48.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.