Monthly Rent Report
Financial District Rent Report — October 2023
Asking rents in ZIP 10006, New York City, from 28 listings.
Median 1BR rent in Financial District was $4,750 in October 2023, down 0.9% (−$45) from September 2023 and up 5.6% year-over-year. The middle half of 1BR listings asked between $4,750 and $4,750. That puts Financial District $2,300 above the New York City citywide 1BR median of $2,450. The month's figures are based on 28 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,175 | −$325 (-9.3%) | −$350 (-9.9%) | $3,163 – $3,188 | 2 |
| Studio | $3,550 | +$50 (+1.4%) | +$25 (+0.7%) | $3,338 – $3,731 | 10 |
| Studio | $3,400 | −$100 (-2.9%) | −$125 (-3.5%) | $3,400 – $3,400 | 2 |
| 1BR | $4,750 | −$45 (-0.9%) | +$250 (+5.6%) | $4,750 – $4,750 | 1 |
| 1BR | $4,750 | −$45 (-0.9%) | +$250 (+5.6%) | $4,750 – $4,750 | 1 |
| 2BR | $6,400 | +$421 (+7.0%) | +$5 (+0.1%) | $6,400 – $6,400 | 2 |
| 3BR | $9,999 | +$2,504 (+33.4%) | +$3,499 (+53.8%) | $9,999 – $9,999 | 1 |
| 3BR | $6,385 | −$1,110 (-14.8%) | −$115 (-1.8%) | $5,275 – $8,121 | 4 |
| 3BR | $9,999 | +$2,504 (+33.4%) | +$3,499 (+53.8%) | $9,999 – $9,999 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Financial District vs. New York City — October 2023
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,175 | $2,411 | +$765 (+31.7%) |
| Studio | $3,550 | $2,411 | +$1,140 (+47.3%) |
| Studio | $3,400 | $2,411 | +$990 (+41.0%) |
| 1BR | $4,750 | $2,450 | +$2,300 (+93.9%) |
| 1BR | $4,750 | $2,450 | +$2,300 (+93.9%) |
| 2BR | $6,400 | $2,900 | +$3,500 (+120.7%) |
| 3BR | $9,999 | $3,349 | +$6,650 (+198.6%) |
| 3BR | $6,385 | $3,349 | +$3,036 (+90.7%) |
| 3BR | $9,999 | $3,349 | +$6,650 (+198.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.