Monthly Rent Report
Tribeca Rent Report — August 2023
Asking rents in ZIP 10007, New York City, from 193 listings.
Median 1BR rent in Tribeca was $8,000 in August 2023, up 6.7% (+$500) from July 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $8,000 and $8,000. That puts Tribeca $5,650 above the New York City citywide 1BR median of $2,350. The month's figures are based on 193 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,325 | +$213 (+5.2%) | −$1,875 (-30.2%) | $4,263 – $4,400 | 3 |
| Studio | $10,000 | +$5,888 (+143.2%) | +$3,800 (+61.3%) | $10,000 – $10,000 | 3 |
| Studio | $4,720 | +$608 (+14.8%) | −$1,480 (-23.9%) | $4,200 – $5,575 | 30 |
| 1BR | $8,000 | +$500 (+6.7%) | $0 (0.0%) | $8,000 – $8,000 | 6 |
| 1BR | $6,355 | −$1,145 (-15.3%) | −$1,645 (-20.6%) | $6,275 – $6,440 | 3 |
| 1BR | $6,355 | −$1,145 (-15.3%) | −$1,645 (-20.6%) | $6,195 – $7,500 | 29 |
| 2BR | $7,900 | −$52 (-0.7%) | −$4,100 (-34.2%) | $7,900 – $7,900 | 3 |
| 2BR | $12,375 | +$4,423 (+55.6%) | +$375 (+3.1%) | $9,821 – $14,985 | 52 |
| 2BR | $8,895 | +$943 (+11.9%) | −$3,105 (-25.9%) | $8,845 – $8,945 | 3 |
| 3BR | $13,748 | +$1,248 (+10.0%) | −$227 (-1.6%) | $9,238 – $16,000 | 26 |
| 3BR | $17,500 | +$5,000 (+40.0%) | +$3,525 (+25.2%) | $15,000 – $18,498 | 3 |
| 3BR | $12,500 | $0 (0.0%) | −$1,475 (-10.6%) | $12,500 – $12,500 | 1 |
| 4BR | $10,995 | +$2,795 (+34.1%) | +$8,045 (+272.7%) | $10,495 – $12,745 | 7 |
| 4BR | $2,950 | −$5,250 (-64.0%) | $0 (0.0%) | $2,950 – $2,950 | 3 |
| 4BR | $2,950 | −$5,250 (-64.0%) | $0 (0.0%) | $2,950 – $2,950 | 18 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Tribeca vs. New York City — August 2023
| Bedrooms | Tribeca Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,325 | $2,490 | +$1,835 (+73.7%) |
| Studio | $10,000 | $2,490 | +$7,510 (+301.6%) |
| Studio | $4,720 | $2,490 | +$2,230 (+89.6%) |
| 1BR | $8,000 | $2,350 | +$5,650 (+240.4%) |
| 1BR | $6,355 | $2,350 | +$4,005 (+170.4%) |
| 1BR | $6,355 | $2,350 | +$4,005 (+170.4%) |
| 2BR | $7,900 | $2,859 | +$5,041 (+176.3%) |
| 2BR | $12,375 | $2,859 | +$9,516 (+332.8%) |
| 2BR | $8,895 | $2,859 | +$6,036 (+211.1%) |
| 3BR | $13,748 | $3,413 | +$10,335 (+302.9%) |
| 3BR | $17,500 | $3,413 | +$14,088 (+412.8%) |
| 3BR | $12,500 | $3,413 | +$9,088 (+266.3%) |
| 4BR | $10,995 | $4,200 | +$6,795 (+161.8%) |
| 4BR | $2,950 | $4,200 | −$1,250 (-29.8%) |
| 4BR | $2,950 | $4,200 | −$1,250 (-29.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.