Monthly Rent Report
Financial District Rent Report — September 2022
Asking rents in ZIP 10038, New York City, from 273 listings.
Median 1BR rent in Financial District was $4,650 in September 2022, down 8.9% (−$455) from August 2022. The middle half of 1BR listings asked between $4,000 and $5,578. That puts Financial District $2,350 above the New York City citywide 1BR median of $2,300. The month's figures are based on 273 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,798 | +$98 (+2.6%) | — | $3,500 – $4,115 | 64 |
| Studio | $3,560 | −$140 (-3.8%) | — | $3,558 – $3,665 | 3 |
| Studio | $3,395 | −$305 (-8.2%) | — | $3,200 – $3,613 | 14 |
| 1BR | $4,650 | −$455 (-8.9%) | — | $4,000 – $5,578 | 67 |
| 1BR | $5,700 | +$595 (+11.7%) | — | $5,450 – $5,950 | 2 |
| 1BR | $4,880 | −$225 (-4.4%) | — | $4,655 – $4,930 | 37 |
| 2BR | $6,075 | −$275 (-4.3%) | — | $5,913 – $6,238 | 2 |
| 2BR | $6,050 | −$300 (-4.7%) | — | $6,048 – $6,525 | 3 |
| 2BR | $6,600 | +$250 (+3.9%) | — | $5,750 – $7,700 | 21 |
| 3BR | $8,798 | −$3,472 (-28.3%) | — | $8,796 – $8,799 | 2 |
| 3BR | $5,995 | −$6,275 (-51.1%) | — | $5,548 – $6,123 | 3 |
| 3BR | $7,000 | −$5,270 (-43.0%) | — | $5,900 – $8,795 | 21 |
| 4BR | $7,000 | +$353 (+5.3%) | — | $4,500 – $7,495 | 9 |
| 4BR | $7,000 | +$353 (+5.3%) | — | $4,500 – $7,495 | 9 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — September 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,798 | $2,200 | +$1,598 (+72.6%) |
| Studio | $3,560 | $2,200 | +$1,360 (+61.8%) |
| Studio | $3,395 | $2,200 | +$1,195 (+54.3%) |
| 1BR | $4,650 | $2,300 | +$2,350 (+102.2%) |
| 1BR | $5,700 | $2,300 | +$3,400 (+147.8%) |
| 1BR | $4,880 | $2,300 | +$2,580 (+112.2%) |
| 2BR | $6,075 | $2,800 | +$3,275 (+117.0%) |
| 2BR | $6,050 | $2,800 | +$3,250 (+116.1%) |
| 2BR | $6,600 | $2,800 | +$3,800 (+135.7%) |
| 3BR | $8,798 | $3,395 | +$5,403 (+159.1%) |
| 3BR | $5,995 | $3,395 | +$2,600 (+76.6%) |
| 3BR | $7,000 | $3,395 | +$3,605 (+106.2%) |
| 4BR | $7,000 | $3,998 | +$3,002 (+75.1%) |
| 4BR | $7,000 | $3,998 | +$3,002 (+75.1%) |
Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.