Monthly Rent Report
Financial District Rent Report — June 2023
Asking rents in ZIP 10006, New York City, from 82 listings.
Median 1BR rent in Financial District was $4,426 in June 2023, down 2.2% (−$98) from May 2023 and up 0.7% year-over-year. The middle half of 1BR listings asked between $4,396 and $4,454. That puts Financial District $1,939 above the New York City citywide 1BR median of $2,488. The month's figures are based on 82 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,450 | −$241 (-6.5%) | −$472 (-12.0%) | $3,400 – $3,880 | 13 |
| Studio | $3,400 | −$291 (-7.9%) | −$522 (-13.3%) | $3,325 – $3,400 | 6 |
| 1BR | $4,426 | −$98 (-2.2%) | +$31 (+0.7%) | $4,396 – $4,454 | 4 |
| 1BR | $4,744 | +$220 (+4.9%) | +$349 (+7.9%) | $4,618 – $5,600 | 29 |
| 2BR | $6,602 | −$2,123 (-24.3%) | +$4 (+0.1%) | $6,600 – $6,605 | 2 |
| 2BR | $7,475 | −$1,250 (-14.3%) | +$877 (+13.3%) | $7,103 – $12,996 | 12 |
| 3BR | $11,500 | −$7,500 (-39.5%) | −$6,000 (-34.3%) | $11,500 – $11,500 | 1 |
| 3BR | $14,000 | −$5,000 (-26.3%) | −$3,500 (-20.0%) | $14,000 – $14,000 | 1 |
| 3BR | $18,000 | −$1,000 (-5.3%) | +$500 (+2.9%) | $14,250 – $18,500 | 11 |
| 4BR | $12,000 | — | — | $12,000 – $12,000 | 2 |
| 4BR | $12,000 | — | — | $12,000 – $12,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Financial District vs. New York City — June 2023
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,450 | $2,500 | +$950 (+38.0%) |
| Studio | $3,400 | $2,500 | +$900 (+36.0%) |
| 1BR | $4,426 | $2,488 | +$1,939 (+77.9%) |
| 1BR | $4,744 | $2,488 | +$2,257 (+90.7%) |
| 2BR | $6,602 | $2,828 | +$3,774 (+133.4%) |
| 2BR | $7,475 | $2,828 | +$4,647 (+164.3%) |
| 3BR | $11,500 | $3,300 | +$8,200 (+248.5%) |
| 3BR | $14,000 | $3,300 | +$10,700 (+324.2%) |
| 3BR | $18,000 | $3,300 | +$14,700 (+445.5%) |
| 4BR | $12,000 | $4,200 | +$7,800 (+185.7%) |
| 4BR | $12,000 | $4,200 | +$7,800 (+185.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.