Monthly Rent Report
Financial District Rent Report — December 2022
Asking rents in ZIP 10038, New York City, from 109 listings.
Median 1BR rent in Financial District was $4,575 in December 2022, up 0.6% (+$28) from November 2022. The middle half of 1BR listings asked between $4,400 and $5,495. That puts Financial District $2,354 above the New York City citywide 1BR median of $2,222. The month's figures are based on 109 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,250 | −$329 (-9.2%) | — | $3,109 – $3,500 | 8 |
| Studio | $3,300 | −$279 (-7.8%) | — | $3,300 – $3,300 | 1 |
| Studio | $3,450 | −$129 (-3.6%) | — | $3,325 – $4,230 | 15 |
| 1BR | $4,575 | +$28 (+0.6%) | — | $4,400 – $5,495 | 20 |
| 1BR | $4,850 | +$303 (+6.7%) | — | $4,750 – $4,850 | 3 |
| 1BR | $4,200 | −$347 (-7.6%) | — | $3,750 – $4,578 | 11 |
| 2BR | $5,550 | −$747 (-11.9%) | — | $5,115 – $6,650 | 9 |
| 2BR | $7,994 | +$1,697 (+26.9%) | — | $7,495 – $8,245 | 5 |
| 2BR | $5,948 | −$350 (-5.6%) | — | $5,213 – $6,725 | 14 |
| 3BR | $4,200 | −$3,195 (-43.2%) | — | $4,200 – $4,200 | 1 |
| 3BR | $7,219 | −$176 (-2.4%) | — | $7,185 – $7,254 | 2 |
| 3BR | $5,995 | −$1,400 (-18.9%) | — | $4,900 – $7,700 | 7 |
| 4BR | $6,648 | +$653 (+10.9%) | — | $6,224 – $7,071 | 2 |
| 4BR | $5,800 | −$195 (-3.3%) | — | $5,800 – $6,648 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — December 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,250 | $2,098 | +$1,153 (+54.9%) |
| Studio | $3,300 | $2,098 | +$1,203 (+57.3%) |
| Studio | $3,450 | $2,098 | +$1,353 (+64.5%) |
| 1BR | $4,575 | $2,222 | +$2,354 (+105.9%) |
| 1BR | $4,850 | $2,222 | +$2,629 (+118.3%) |
| 1BR | $4,200 | $2,222 | +$1,979 (+89.1%) |
| 2BR | $5,550 | $2,700 | +$2,850 (+105.6%) |
| 2BR | $7,994 | $2,700 | +$5,294 (+196.1%) |
| 2BR | $5,948 | $2,700 | +$3,248 (+120.3%) |
| 3BR | $4,200 | $3,200 | +$1,000 (+31.3%) |
| 3BR | $7,219 | $3,200 | +$4,019 (+125.6%) |
| 3BR | $5,995 | $3,200 | +$2,795 (+87.3%) |
| 4BR | $6,648 | $3,750 | +$2,898 (+77.3%) |
| 4BR | $5,800 | $3,750 | +$2,050 (+54.7%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.