Monthly Rent Report
Tribeca Rent Report — May 2023
Asking rents in ZIP 10007, New York City, from 136 listings.
Median 1BR rent in Tribeca was $5,995 in May 2023, up 3.2% (+$188) from April 2023 and down 6.7% year-over-year. The middle half of 1BR listings asked between $5,948 and $7,998. That puts Tribeca $3,518 above the New York City citywide 1BR median of $2,477. The month's figures are based on 136 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,125 | −$1,010 (-19.7%) | +$430 (+11.6%) | $4,125 – $4,125 | 1 |
| Studio | $5,895 | +$760 (+14.8%) | +$2,200 (+59.5%) | $4,550 – $6,500 | 18 |
| 1BR | $5,995 | +$188 (+3.2%) | −$430 (-6.7%) | $5,948 – $7,998 | 3 |
| 1BR | $6,225 | +$418 (+7.2%) | −$200 (-3.1%) | $6,055 – $6,388 | 4 |
| 1BR | $6,333 | +$526 (+9.0%) | −$92 (-1.4%) | $5,750 – $7,270 | 38 |
| 2BR | $12,250 | −$2,250 (-15.5%) | +$4,119 (+50.7%) | $9,218 – $15,125 | 28 |
| 2BR | $7,398 | −$7,102 (-49.0%) | −$733 (-9.0%) | $7,349 – $7,446 | 2 |
| 2BR | $8,400 | −$6,100 (-42.1%) | +$269 (+3.3%) | $8,400 – $12,500 | 5 |
| 3BR | $13,500 | −$1,495 (-10.0%) | −$2,500 (-15.6%) | $11,750 – $15,250 | 2 |
| 3BR | $16,950 | +$1,955 (+13.0%) | +$950 (+5.9%) | $10,000 – $17,500 | 5 |
| 3BR | $16,950 | +$1,955 (+13.0%) | +$950 (+5.9%) | $14,813 – $17,500 | 15 |
| 4BR | $2,950 | −$5,550 (-65.3%) | −$14,950 (-83.5%) | $2,950 – $2,950 | 13 |
| 4BR | $2,950 | −$5,550 (-65.3%) | −$14,950 (-83.5%) | $2,950 – $2,950 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Tribeca vs. New York City — May 2023
| Bedrooms | Tribeca Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,125 | $2,450 | +$1,675 (+68.4%) |
| Studio | $5,895 | $2,450 | +$3,445 (+140.6%) |
| 1BR | $5,995 | $2,477 | +$3,518 (+142.0%) |
| 1BR | $6,225 | $2,477 | +$3,748 (+151.3%) |
| 1BR | $6,333 | $2,477 | +$3,855 (+155.6%) |
| 2BR | $12,250 | $2,800 | +$9,450 (+337.5%) |
| 2BR | $7,398 | $2,800 | +$4,598 (+164.2%) |
| 2BR | $8,400 | $2,800 | +$5,600 (+200.0%) |
| 3BR | $13,500 | $3,225 | +$10,275 (+318.6%) |
| 3BR | $16,950 | $3,225 | +$13,725 (+425.6%) |
| 3BR | $16,950 | $3,225 | +$13,725 (+425.6%) |
| 4BR | $2,950 | $4,000 | −$1,050 (-26.3%) |
| 4BR | $2,950 | $4,000 | −$1,050 (-26.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.