Monthly Rent Report
Financial District Rent Report — August 2022
Asking rents in ZIP 10038, New York City, from 239 listings.
Median 1BR rent in Financial District was $5,650 in August 2022, up 27.1% (+$1,205) from July 2022. The middle half of 1BR listings asked between $5,650 and $5,650. That puts Financial District $3,300 above the New York City citywide 1BR median of $2,350. The month's figures are based on 239 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $6,450 | −$3,147 (-32.8%) | — | $6,450 – $6,450 | 1 |
| Studio | $3,700 | −$5,897 (-61.4%) | — | $3,423 – $4,195 | 11 |
| Studio | $3,700 | −$5,897 (-61.4%) | — | $3,511 – $4,135 | 56 |
| 1BR | $5,650 | +$1,205 (+27.1%) | — | $5,650 – $5,650 | 1 |
| 1BR | $4,600 | +$155 (+3.5%) | — | $3,999 – $5,402 | 60 |
| 1BR | $5,105 | +$660 (+14.8%) | — | $4,200 – $5,185 | 13 |
| 2BR | $6,850 | +$2,355 (+52.4%) | — | $6,850 – $6,850 | 1 |
| 2BR | $6,350 | +$1,855 (+41.3%) | — | $5,995 – $11,500 | 18 |
| 2BR | $6,430 | +$1,935 (+43.0%) | — | $5,313 – $9,720 | 42 |
| 3BR | $12,270 | +$3,420 (+38.6%) | — | $10,385 – $14,155 | 2 |
| 3BR | $5,900 | −$2,950 (-33.3%) | — | $4,425 – $5,950 | 7 |
| 3BR | $7,150 | −$1,700 (-19.2%) | — | $6,000 – $8,900 | 12 |
| 4BR | $6,648 | −$1,452 (-17.9%) | — | $5,475 – $8,574 | 6 |
| 4BR | $4,500 | −$3,600 (-44.4%) | — | $4,500 – $5,898 | 3 |
| 4BR | $6,098 | −$2,002 (-24.7%) | — | $4,800 – $7,925 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — August 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $6,450 | $2,300 | +$4,150 (+180.4%) |
| Studio | $3,700 | $2,300 | +$1,400 (+60.9%) |
| Studio | $3,700 | $2,300 | +$1,400 (+60.9%) |
| 1BR | $5,650 | $2,350 | +$3,300 (+140.4%) |
| 1BR | $4,600 | $2,350 | +$2,250 (+95.7%) |
| 1BR | $5,105 | $2,350 | +$2,755 (+117.2%) |
| 2BR | $6,850 | $2,800 | +$4,050 (+144.6%) |
| 2BR | $6,350 | $2,800 | +$3,550 (+126.8%) |
| 2BR | $6,430 | $2,800 | +$3,630 (+129.6%) |
| 3BR | $12,270 | $3,350 | +$8,920 (+266.3%) |
| 3BR | $5,900 | $3,350 | +$2,550 (+76.1%) |
| 3BR | $7,150 | $3,350 | +$3,800 (+113.4%) |
| 4BR | $6,648 | $4,224 | +$2,424 (+57.4%) |
| 4BR | $4,500 | $4,224 | +$276 (+6.5%) |
| 4BR | $6,098 | $4,224 | +$1,874 (+44.4%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.