Monthly Rent Report
Financial District Rent Report — September 2023
Asking rents in ZIP 10006, New York City, from 18 listings.
Median 1BR rent in Financial District was $3,700 in September 2023, down 13.6% (−$581) from August 2023 and down 17.8% year-over-year. The middle half of 1BR listings asked between $3,625 and $3,849. That puts Financial District $1,200 above the New York City citywide 1BR median of $2,500. The month's figures are based on 18 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | −$58 (-1.6%) | +$605 (+20.9%) | $3,450 – $3,575 | 7 |
| 1BR | $3,700 | −$581 (-13.6%) | −$800 (-17.8%) | $3,625 – $3,849 | 3 |
| 1BR | $4,795 | +$514 (+12.0%) | +$295 (+6.6%) | $4,795 – $4,795 | 1 |
| 2BR | $5,980 | −$824 (-12.1%) | −$556 (-8.5%) | $5,885 – $6,074 | 2 |
| 3BR | $8,748 | −$9,127 (-51.1%) | +$1,248 (+16.6%) | $7,371 – $10,124 | 2 |
| 3BR | $7,495 | −$10,380 (-58.1%) | −$5 (-0.1%) | $7,445 – $9,248 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Financial District vs. New York City — September 2023
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $2,400 | +$1,100 (+45.8%) |
| 1BR | $3,700 | $2,500 | +$1,200 (+48.0%) |
| 1BR | $4,795 | $2,500 | +$2,295 (+91.8%) |
| 2BR | $5,980 | $3,000 | +$2,980 (+99.3%) |
| 3BR | $8,748 | $3,500 | +$5,248 (+149.9%) |
| 3BR | $7,495 | $3,500 | +$3,995 (+114.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.