Monthly Rent Report
Financial District Rent Report — August 2023
Asking rents in ZIP 10006, New York City, from 126 listings.
Median 1BR rent in Financial District was $4,600 in August 2023, down 0.1% (−$4) from July 2023 and up 0.6% year-over-year. The middle half of 1BR listings asked between $4,410 and $5,613. That puts Financial District $2,250 above the New York City citywide 1BR median of $2,350. The month's figures are based on 126 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,600 | +$75 (+2.1%) | +$145 (+4.2%) | $3,450 – $3,875 | 7 |
| Studio | $3,195 | −$330 (-9.4%) | −$260 (-7.5%) | $3,195 – $3,195 | 1 |
| Studio | $3,559 | +$34 (+1.0%) | +$104 (+3.0%) | $3,313 – $3,784 | 30 |
| 1BR | $4,600 | −$4 (-0.1%) | +$28 (+0.6%) | $4,410 – $5,613 | 48 |
| 1BR | $4,281 | −$323 (-7.0%) | −$291 (-6.4%) | $4,276 – $4,589 | 3 |
| 2BR | $6,804 | +$55 (+0.8%) | −$246 (-3.5%) | $6,435 – $7,100 | 21 |
| 2BR | $6,013 | −$736 (-10.9%) | −$1,037 (-14.7%) | $5,923 – $6,097 | 4 |
| 3BR | $14,625 | +$9,230 (+171.1%) | +$5,655 (+63.0%) | $10,124 – $17,813 | 4 |
| 3BR | $17,875 | +$12,480 (+231.3%) | +$8,905 (+99.3%) | $11,875 – $18,063 | 8 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Financial District vs. New York City — August 2023
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,600 | $2,490 | +$1,110 (+44.6%) |
| Studio | $3,195 | $2,490 | +$705 (+28.3%) |
| Studio | $3,559 | $2,490 | +$1,069 (+42.9%) |
| 1BR | $4,600 | $2,350 | +$2,250 (+95.7%) |
| 1BR | $4,281 | $2,350 | +$1,931 (+82.2%) |
| 2BR | $6,804 | $2,859 | +$3,945 (+138.0%) |
| 2BR | $6,013 | $2,859 | +$3,154 (+110.3%) |
| 3BR | $14,625 | $3,413 | +$11,213 (+328.6%) |
| 3BR | $17,875 | $3,413 | +$14,463 (+423.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.