Monthly Rent Report
Financial District Rent Report — November 2023
Asking rents in ZIP 10006, New York City, from 107 listings.
Median 1BR rent in Financial District was $3,995 in November 2023, down 15.9% (−$755) from October 2023 and down 9.1% year-over-year. The middle half of 1BR listings asked between $3,995 and $3,995. That puts Financial District $1,595 above the New York City citywide 1BR median of $2,400. The month's figures are based on 107 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,150 | −$250 (-7.4%) | −$634 (-16.8%) | $3,150 – $3,150 | 1 |
| Studio | $3,400 | $0 (0.0%) | −$384 (-10.1%) | $3,225 – $3,587 | 35 |
| Studio | $3,599 | +$199 (+5.9%) | −$185 (-4.9%) | $3,599 – $3,599 | 2 |
| 1BR | $3,995 | −$755 (-15.9%) | −$400 (-9.1%) | $3,995 – $3,995 | 4 |
| 1BR | $4,500 | −$250 (-5.3%) | +$105 (+2.4%) | $4,500 – $4,500 | 1 |
| 1BR | $4,795 | +$45 (+0.9%) | +$400 (+9.1%) | $4,350 – $6,000 | 37 |
| 2BR | $4,995 | −$1,405 (-22.0%) | −$4,505 (-47.4%) | $4,200 – $7,245 | 7 |
| 2BR | $6,250 | −$150 (-2.3%) | −$3,250 (-34.2%) | $6,250 – $6,250 | 1 |
| 2BR | $4,995 | −$1,405 (-22.0%) | −$4,505 (-47.4%) | $4,995 – $4,995 | 5 |
| 3BR | $8,697 | +$2,312 (+36.2%) | +$1,702 (+24.3%) | $6,865 – $9,999 | 4 |
| 3BR | $8,697 | +$2,312 (+36.2%) | +$1,702 (+24.3%) | $6,865 – $9,999 | 4 |
| 4BR | $19,500 | — | — | $19,500 – $19,500 | 2 |
| 4BR | $5,500 | — | — | $5,500 – $5,500 | 1 |
| 4BR | $19,500 | — | — | $12,500 – $19,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Financial District vs. New York City — November 2023
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,150 | $2,395 | +$755 (+31.5%) |
| Studio | $3,400 | $2,395 | +$1,005 (+42.0%) |
| Studio | $3,599 | $2,395 | +$1,204 (+50.3%) |
| 1BR | $3,995 | $2,400 | +$1,595 (+66.5%) |
| 1BR | $4,500 | $2,400 | +$2,100 (+87.5%) |
| 1BR | $4,795 | $2,400 | +$2,395 (+99.8%) |
| 2BR | $4,995 | $2,798 | +$2,198 (+78.6%) |
| 2BR | $6,250 | $2,798 | +$3,453 (+123.4%) |
| 2BR | $4,995 | $2,798 | +$2,198 (+78.6%) |
| 3BR | $8,697 | $3,300 | +$5,397 (+163.5%) |
| 3BR | $8,697 | $3,300 | +$5,397 (+163.5%) |
| 4BR | $19,500 | $4,199 | +$15,301 (+364.4%) |
| 4BR | $5,500 | $4,199 | +$1,301 (+31.0%) |
| 4BR | $19,500 | $4,199 | +$15,301 (+364.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.