Monthly Rent Report
Financial District Rent Report — October 2022
Asking rents in ZIP 10038, New York City, from 145 listings.
Median 1BR rent in Financial District was $4,623 in October 2022, down 5.3% (−$257) from September 2022. The middle half of 1BR listings asked between $4,117 and $5,721. That puts Financial District $2,368 above the New York City citywide 1BR median of $2,255. The month's figures are based on 145 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $6,950 | +$3,390 (+95.2%) | — | $6,950 – $6,950 | 1 |
| Studio | $3,600 | +$40 (+1.1%) | — | $3,398 – $3,800 | 35 |
| Studio | $6,950 | +$3,390 (+95.2%) | — | $6,950 – $6,950 | 1 |
| 1BR | $4,623 | −$257 (-5.3%) | — | $4,117 – $5,721 | 30 |
| 1BR | $4,590 | −$290 (-5.9%) | — | $4,530 – $4,665 | 5 |
| 1BR | $4,629 | −$251 (-5.1%) | — | $4,294 – $5,156 | 8 |
| 2BR | $6,675 | +$75 (+1.1%) | — | $6,190 – $7,383 | 34 |
| 2BR | $6,950 | +$350 (+5.3%) | — | $6,600 – $7,200 | 3 |
| 2BR | $6,100 | −$500 (-7.6%) | — | $6,100 – $6,100 | 1 |
| 3BR | $7,604 | +$604 (+8.6%) | — | $7,377 – $7,742 | 3 |
| 3BR | $6,095 | −$905 (-12.9%) | — | $5,248 – $6,945 | 7 |
| 3BR | $7,495 | +$495 (+7.1%) | — | $6,369 – $11,813 | 6 |
| 4BR | $6,495 | −$505 (-7.2%) | — | $5,498 – $10,748 | 3 |
| 4BR | $6,995 | −$5 (-0.1%) | — | $6,495 – $14,000 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — October 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $6,950 | $2,283 | +$4,668 (+204.5%) |
| Studio | $3,600 | $2,283 | +$1,318 (+57.7%) |
| Studio | $6,950 | $2,283 | +$4,668 (+204.5%) |
| 1BR | $4,623 | $2,255 | +$2,368 (+105.0%) |
| 1BR | $4,590 | $2,255 | +$2,335 (+103.5%) |
| 1BR | $4,629 | $2,255 | +$2,374 (+105.3%) |
| 2BR | $6,675 | $2,700 | +$3,975 (+147.2%) |
| 2BR | $6,950 | $2,700 | +$4,250 (+157.4%) |
| 2BR | $6,100 | $2,700 | +$3,400 (+125.9%) |
| 3BR | $7,604 | $3,200 | +$4,404 (+137.6%) |
| 3BR | $6,095 | $3,200 | +$2,895 (+90.5%) |
| 3BR | $7,495 | $3,200 | +$4,295 (+134.2%) |
| 4BR | $6,495 | $3,999 | +$2,496 (+62.4%) |
| 4BR | $6,995 | $3,999 | +$2,996 (+74.9%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.