Monthly Rent Report
Financial District Rent Report — November 2022
Asking rents in ZIP 10038, New York City, from 243 listings.
Median 1BR rent in Financial District was $5,495 in November 2022, up 18.9% (+$873) from October 2022. The middle half of 1BR listings asked between $4,800 and $6,395. That puts Financial District $3,251 above the New York City citywide 1BR median of $2,244. The month's figures are based on 243 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,243 | −$357 (-9.9%) | — | $3,081 – $3,300 | 10 |
| Studio | $3,579 | −$21 (-0.6%) | — | $3,376 – $4,011 | 59 |
| Studio | $2,895 | −$705 (-19.6%) | — | $2,895 – $2,895 | 1 |
| 1BR | $5,495 | +$873 (+18.9%) | — | $4,800 – $6,395 | 9 |
| 1BR | $5,230 | +$608 (+13.1%) | — | $5,230 – $5,230 | 2 |
| 1BR | $4,548 | −$75 (-1.6%) | — | $4,105 – $5,359 | 70 |
| 2BR | $5,695 | −$405 (-6.6%) | — | $5,695 – $5,695 | 1 |
| 2BR | $6,298 | +$198 (+3.2%) | — | $5,895 – $11,500 | 12 |
| 2BR | $6,500 | +$400 (+6.6%) | — | $6,150 – $7,860 | 57 |
| 3BR | $5,995 | −$100 (-1.6%) | — | $5,995 – $5,995 | 4 |
| 3BR | $7,395 | +$1,300 (+21.3%) | — | $6,200 – $10,175 | 11 |
| 3BR | $14,365 | +$8,270 (+135.7%) | — | $14,365 – $14,365 | 1 |
| 4BR | $5,995 | −$500 (-7.7%) | — | $5,995 – $5,995 | 1 |
| 4BR | $5,995 | −$500 (-7.7%) | — | $5,995 – $5,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — November 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,243 | $2,148 | +$1,095 (+51.0%) |
| Studio | $3,579 | $2,148 | +$1,431 (+66.6%) |
| Studio | $2,895 | $2,148 | +$747 (+34.8%) |
| 1BR | $5,495 | $2,244 | +$3,251 (+144.9%) |
| 1BR | $5,230 | $2,244 | +$2,986 (+133.1%) |
| 1BR | $4,548 | $2,244 | +$2,304 (+102.7%) |
| 2BR | $5,695 | $2,700 | +$2,995 (+110.9%) |
| 2BR | $6,298 | $2,700 | +$3,598 (+133.2%) |
| 2BR | $6,500 | $2,700 | +$3,800 (+140.7%) |
| 3BR | $5,995 | $3,200 | +$2,795 (+87.3%) |
| 3BR | $7,395 | $3,200 | +$4,195 (+131.1%) |
| 3BR | $14,365 | $3,200 | +$11,165 (+348.9%) |
| 4BR | $5,995 | $3,900 | +$2,095 (+53.7%) |
| 4BR | $5,995 | $3,900 | +$2,095 (+53.7%) |
Citywide figure is the median of zip-level medians across 170 New York City zip codes with listings in November 2022.