Monthly Rent Report

Financial District Rent Report — December 2023

Asking rents in ZIP 10006, New York City, from 103 listings.

Median 1BR rent in Financial District was $4,725 in December 2023, up 5.0% (+$225) from November 2023 and up 18.1% year-over-year. The middle half of 1BR listings asked between $4,338 and $5,539. That puts Financial District $2,325 above the New York City citywide 1BR median of $2,400. The month's figures are based on 103 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2023Vs. December 2022P25–P75 RangeListings
Studio$3,400$0 (0.0%)−$65 (-1.9%)$3,250 – $3,59013
Studio$3,711+$311 (+9.1%)+$246 (+7.1%)$3,425 – $3,90022
1BR$4,725+$225 (+5.0%)+$725 (+18.1%)$4,338 – $5,53940
1BR$5,654+$1,154 (+25.6%)+$1,654 (+41.3%)$5,654 – $5,6541
1BR$7,500+$3,000 (+66.7%)+$3,500 (+87.5%)$7,500 – $7,5001
2BR$6,930+$1,935 (+38.7%)+$1,135 (+19.6%)$6,075 – $7,50015
2BR$6,930+$1,935 (+38.7%)+$1,135 (+19.6%)$6,930 – $9,6086
2BR$5,785+$790 (+15.8%)−$10 (-0.2%)$5,785 – $5,7851
3BR$9,999+$1,302 (+15.0%)+$1,004 (+11.2%)$9,999 – $9,9991
3BR$9,999+$1,302 (+15.0%)+$1,004 (+11.2%)$9,999 – $9,9991
4BR$19,500$0 (0.0%)$19,500 – $19,5001
4BR$19,500$0 (0.0%)$19,500 – $19,5001

Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.

Financial District vs. New York CityDecember 2023

BedroomsFinancial District MedianNYC Citywide MedianDifference
Studio$3,400$2,362+$1,038 (+44.0%)
Studio$3,711$2,362+$1,349 (+57.1%)
1BR$4,725$2,400+$2,325 (+96.9%)
1BR$5,654$2,400+$3,254 (+135.6%)
1BR$7,500$2,400+$5,100 (+212.5%)
2BR$6,930$2,900+$4,030 (+139.0%)
2BR$6,930$2,900+$4,030 (+139.0%)
2BR$5,785$2,900+$2,885 (+99.5%)
3BR$9,999$3,500+$6,499 (+185.7%)
3BR$9,999$3,500+$6,499 (+185.7%)
4BR$19,500$4,070+$15,430 (+379.1%)
4BR$19,500$4,070+$15,430 (+379.1%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.

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