Monthly Rent Report
Financial District Rent Report — June 2022
Asking rents in ZIP 10038, New York City, from 36 listings.
Median 1BR rent in Financial District was $4,950 in June 2022, down 4.7% (−$245) from May 2022. The middle half of 1BR listings asked between $4,950 and $4,950. That puts Financial District $2,710 above the New York City citywide 1BR median of $2,240. The month's figures are based on 36 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,000 | +$562 (+16.3%) | — | $3,700 – $4,050 | 3 |
| 1BR | $4,950 | −$245 (-4.7%) | — | $4,950 – $4,950 | 1 |
| 1BR | $5,250 | +$55 (+1.1%) | — | $5,250 – $5,250 | 1 |
| 2BR | $6,400 | −$100 (-1.5%) | — | $6,200 – $6,400 | 3 |
| 2BR | $6,850 | +$350 (+5.4%) | — | $6,850 – $6,850 | 1 |
| 3BR | $10,000 | +$5,000 (+100.0%) | — | $10,000 – $10,000 | 1 |
| 3BR | $6,495 | +$1,495 (+29.9%) | — | $5,995 – $6,999 | 9 |
| 4BR | $6,500 | $0 (0.0%) | — | $6,500 – $6,500 | 1 |
| 4BR | $6,500 | $0 (0.0%) | — | $6,250 – $7,325 | 12 |
| 4BR | $6,500 | $0 (0.0%) | — | $6,100 – $8,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — June 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,000 | $2,078 | +$1,922 (+92.5%) |
| 1BR | $4,950 | $2,240 | +$2,710 (+121.0%) |
| 1BR | $5,250 | $2,240 | +$3,010 (+134.4%) |
| 2BR | $6,400 | $2,600 | +$3,800 (+146.2%) |
| 2BR | $6,850 | $2,600 | +$4,250 (+163.5%) |
| 3BR | $10,000 | $3,200 | +$6,800 (+212.5%) |
| 3BR | $6,495 | $3,200 | +$3,295 (+103.0%) |
| 4BR | $6,500 | $4,400 | +$2,100 (+47.7%) |
| 4BR | $6,500 | $4,400 | +$2,100 (+47.7%) |
| 4BR | $6,500 | $4,400 | +$2,100 (+47.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2022.