Monthly Rent Report

Tribeca Rent Report — December 2023

Asking rents in ZIP 10007, New York City, from 161 listings.

Median 1BR rent in Tribeca was $5,900 in December 2023, up 40.5% (+$1,700) from November 2023 and down 4.8% year-over-year. The middle half of 1BR listings asked between $5,500 and $7,800. That puts Tribeca $3,500 above the New York City citywide 1BR median of $2,400. The month's figures are based on 161 listings across 16 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2023Vs. December 2022P25–P75 RangeListings
Studio$4,395$0 (0.0%)+$325 (+8.0%)$4,395 – $4,3951
Studio$4,999+$604 (+13.7%)+$929 (+22.8%)$4,999 – $4,9993
Studio$4,395$0 (0.0%)+$325 (+8.0%)$3,875 – $5,90013
1BR$5,900+$1,700 (+40.5%)−$295 (-4.8%)$5,500 – $7,80012
1BR$6,685+$2,485 (+59.2%)+$490 (+7.9%)$6,685 – $6,6851
1BR$5,910+$1,710 (+40.7%)−$285 (-4.6%)$5,243 – $6,99938
2BR$9,450−$300 (-3.1%)−$1,050 (-10.0%)$9,450 – $9,4501
2BR$11,500+$1,750 (+17.9%)+$1,000 (+9.5%)$11,500 – $11,5004
2BR$9,625−$125 (-1.3%)−$875 (-8.3%)$7,900 – $11,12528
3BR$10,738+$258 (+2.5%)−$7,762 (-42.0%)$10,348 – $12,7464
3BR$10,738+$258 (+2.5%)−$7,762 (-42.0%)$9,950 – $17,00014
4BR$5,225−$2,275 (-30.3%)−$1,775 (-25.4%)$2,950 – $7,50010
4BR$2,950−$4,550 (-60.7%)−$4,050 (-57.9%)$2,950 – $2,95026
4BR$7,750+$250 (+3.3%)+$750 (+10.7%)$7,463 – $8,3754

Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.

Tribeca vs. New York CityDecember 2023

BedroomsTribeca MedianNYC Citywide MedianDifference
Studio$4,395$2,362+$2,033 (+86.1%)
Studio$4,999$2,362+$2,637 (+111.7%)
Studio$4,395$2,362+$2,033 (+86.1%)
1BR$5,900$2,400+$3,500 (+145.8%)
1BR$6,685$2,400+$4,285 (+178.5%)
1BR$5,910$2,400+$3,510 (+146.3%)
2BR$9,450$2,900+$6,550 (+225.9%)
2BR$11,500$2,900+$8,600 (+296.6%)
2BR$9,625$2,900+$6,725 (+231.9%)
3BR$10,738$3,500+$7,238 (+206.8%)
3BR$10,738$3,500+$7,238 (+206.8%)
4BR$5,225$4,070+$1,155 (+28.4%)
4BR$2,950$4,070−$1,120 (-27.5%)
4BR$7,750$4,070+$3,680 (+90.4%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.

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