Monthly Rent Report
Financial District Rent Report — July 2022
Asking rents in ZIP 10038, New York City, from 99 listings.
Median 1BR rent in Financial District was $4,445 in July 2022, down 15.3% (−$805) from June 2022. The middle half of 1BR listings asked between $4,046 and $4,938. That puts Financial District $2,179 above the New York City citywide 1BR median of $2,266. The month's figures are based on 99 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,625 | −$375 (-9.4%) | — | $3,475 – $3,900 | 8 |
| Studio | $9,598 | +$5,598 (+139.9%) | — | $4,524 – $14,375 | 6 |
| Studio | $3,850 | −$150 (-3.8%) | — | $3,588 – $4,071 | 14 |
| 1BR | $4,445 | −$805 (-15.3%) | — | $4,046 – $4,938 | 14 |
| 1BR | $5,150 | −$100 (-1.9%) | — | $5,150 – $5,150 | 1 |
| 1BR | $3,800 | −$1,450 (-27.6%) | — | $3,700 – $3,924 | 4 |
| 2BR | $10,000 | +$3,600 (+56.3%) | — | $5,750 – $12,000 | 21 |
| 2BR | $4,495 | −$1,905 (-29.8%) | — | $4,300 – $10,000 | 5 |
| 2BR | $9,232 | +$2,832 (+44.3%) | — | $8,879 – $10,145 | 5 |
| 3BR | $15,000 | +$5,000 (+50.0%) | — | $15,000 – $15,000 | 1 |
| 3BR | $8,850 | −$1,150 (-11.5%) | — | $8,850 – $8,850 | 1 |
| 3BR | $9,250 | −$750 (-7.5%) | — | $8,500 – $11,250 | 4 |
| 4BR | $8,100 | +$1,600 (+24.6%) | — | $6,900 – $9,300 | 2 |
| 4BR | $7,300 | +$800 (+12.3%) | — | $6,500 – $10,000 | 9 |
| 4BR | $9,000 | +$2,500 (+38.5%) | — | $9,000 – $9,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — July 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,625 | $2,245 | +$1,380 (+61.5%) |
| Studio | $9,598 | $2,245 | +$7,353 (+327.6%) |
| Studio | $3,850 | $2,245 | +$1,605 (+71.5%) |
| 1BR | $4,445 | $2,266 | +$2,179 (+96.2%) |
| 1BR | $5,150 | $2,266 | +$2,884 (+127.3%) |
| 1BR | $3,800 | $2,266 | +$1,534 (+67.7%) |
| 2BR | $10,000 | $2,800 | +$7,200 (+257.1%) |
| 2BR | $4,495 | $2,800 | +$1,695 (+60.5%) |
| 2BR | $9,232 | $2,800 | +$6,432 (+229.7%) |
| 3BR | $15,000 | $3,250 | +$11,750 (+361.5%) |
| 3BR | $8,850 | $3,250 | +$5,600 (+172.3%) |
| 3BR | $9,250 | $3,250 | +$6,000 (+184.6%) |
| 4BR | $8,100 | $4,495 | +$3,605 (+80.2%) |
| 4BR | $7,300 | $4,495 | +$2,805 (+62.4%) |
| 4BR | $9,000 | $4,495 | +$4,505 (+100.2%) |
Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in July 2022.