Monthly Rent Report
Tribeca Rent Report — May 2024
Asking rents in ZIP 10007, New York City, from 238 listings.
Median 1BR rent in Tribeca was $6,498 in May 2024, down 14.2% (−$1,077) from April 2024 and up 2.6% year-over-year. The middle half of 1BR listings asked between $6,056 and $6,950. That puts Tribeca $4,073 above the New York City citywide 1BR median of $2,425. The month's figures are based on 238 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,375 | −$5,625 (-56.3%) | +$250 (+6.1%) | $4,250 – $5,400 | 12 |
| Studio | $4,425 | −$5,575 (-55.8%) | +$300 (+7.3%) | $4,413 – $4,500 | 4 |
| Studio | $4,479 | −$5,521 (-55.2%) | +$354 (+8.6%) | $4,479 – $4,479 | 1 |
| 1BR | $6,498 | −$1,077 (-14.2%) | +$165 (+2.6%) | $6,056 – $6,950 | 10 |
| 1BR | $6,545 | −$1,030 (-13.6%) | +$213 (+3.4%) | $6,545 – $6,545 | 1 |
| 1BR | $6,225 | −$1,350 (-17.8%) | −$107 (-1.7%) | $5,478 – $6,450 | 33 |
| 2BR | $8,010 | −$1,990 (-19.9%) | −$390 (-4.6%) | $7,968 – $8,053 | 2 |
| 2BR | $8,448 | −$1,552 (-15.5%) | +$48 (+0.6%) | $4,995 – $10,200 | 52 |
| 2BR | $9,500 | −$500 (-5.0%) | +$1,100 (+13.1%) | $6,423 – $12,871 | 22 |
| 3BR | $18,000 | +$11,502 (+177.0%) | +$1,050 (+6.2%) | $14,749 – $18,749 | 4 |
| 3BR | $10,495 | +$3,997 (+61.5%) | −$6,455 (-38.1%) | $10,495 – $10,495 | 1 |
| 3BR | $14,350 | +$7,852 (+120.8%) | −$2,600 (-15.3%) | $7,100 – $17,250 | 22 |
| 4BR | $10,750 | +$7,800 (+264.4%) | +$7,800 (+264.4%) | $9,999 – $11,625 | 4 |
| 4BR | $2,950 | $0 (0.0%) | $0 (0.0%) | $2,950 – $6,950 | 31 |
| 4BR | $2,950 | $0 (0.0%) | $0 (0.0%) | $2,950 – $8,500 | 35 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Tribeca vs. New York City — May 2024
| Bedrooms | Tribeca Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,375 | $2,350 | +$2,025 (+86.2%) |
| Studio | $4,425 | $2,350 | +$2,075 (+88.3%) |
| Studio | $4,479 | $2,350 | +$2,129 (+90.6%) |
| 1BR | $6,498 | $2,425 | +$4,073 (+167.9%) |
| 1BR | $6,545 | $2,425 | +$4,120 (+169.9%) |
| 1BR | $6,225 | $2,425 | +$3,800 (+156.7%) |
| 2BR | $8,010 | $2,914 | +$5,097 (+174.9%) |
| 2BR | $8,448 | $2,914 | +$5,534 (+189.9%) |
| 2BR | $9,500 | $2,914 | +$6,587 (+226.1%) |
| 3BR | $18,000 | $3,600 | +$14,400 (+400.0%) |
| 3BR | $10,495 | $3,600 | +$6,895 (+191.5%) |
| 3BR | $14,350 | $3,600 | +$10,750 (+298.6%) |
| 4BR | $10,750 | $4,250 | +$6,500 (+152.9%) |
| 4BR | $2,950 | $4,250 | −$1,300 (-30.6%) |
| 4BR | $2,950 | $4,250 | −$1,300 (-30.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.