Monthly Rent Report
Financial District Rent Report — January 2024
Asking rents in ZIP 10004, New York City, from 36 listings.
Median 1BR rent in Financial District was $5,000 in January 2024, up 11.1% (+$500) from December 2023 and up 17.6% year-over-year. The middle half of 1BR listings asked between $5,000 and $5,500. That puts Financial District $2,650 above the New York City citywide 1BR median of $2,350. The month's figures are based on 36 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,650 | +$250 (+7.4%) | +$650 (+21.7%) | $3,525 – $3,775 | 2 |
| Studio | $3,750 | +$350 (+10.3%) | +$750 (+25.0%) | $3,625 – $4,050 | 3 |
| 1BR | $5,000 | +$500 (+11.1%) | +$750 (+17.6%) | $5,000 – $5,500 | 8 |
| 1BR | $5,300 | +$800 (+17.8%) | +$1,050 (+24.7%) | $5,000 – $5,500 | 5 |
| 1BR | $3,250 | −$1,250 (-27.8%) | −$1,000 (-23.5%) | $3,250 – $3,250 | 1 |
| 2BR | $8,500 | +$1,738 (+25.7%) | +$3,000 (+54.5%) | $7,498 – $10,250 | 3 |
| 2BR | $6,495 | −$267 (-4.0%) | +$995 (+18.1%) | $6,495 – $6,495 | 1 |
| 2BR | $6,495 | −$267 (-4.0%) | +$995 (+18.1%) | $6,495 – $6,495 | 3 |
| 3BR | $6,500 | +$540 (+9.1%) | −$3,057 (-32.0%) | $6,500 – $6,500 | 2 |
| 3BR | $6,775 | +$815 (+13.7%) | −$2,782 (-29.1%) | $6,331 – $9,206 | 4 |
| 3BR | $6,500 | +$540 (+9.1%) | −$3,057 (-32.0%) | $6,500 – $6,500 | 2 |
| 4BR | $14,800 | −$859 (-5.5%) | — | $14,800 – $14,800 | 1 |
| 4BR | $14,800 | −$859 (-5.5%) | — | $14,800 – $14,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — January 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,650 | $2,338 | +$1,313 (+56.1%) |
| Studio | $3,750 | $2,338 | +$1,413 (+60.4%) |
| 1BR | $5,000 | $2,350 | +$2,650 (+112.8%) |
| 1BR | $5,300 | $2,350 | +$2,950 (+125.5%) |
| 1BR | $3,250 | $2,350 | +$900 (+38.3%) |
| 2BR | $8,500 | $2,885 | +$5,615 (+194.6%) |
| 2BR | $6,495 | $2,885 | +$3,610 (+125.1%) |
| 2BR | $6,495 | $2,885 | +$3,610 (+125.1%) |
| 3BR | $6,500 | $3,443 | +$3,057 (+88.8%) |
| 3BR | $6,775 | $3,443 | +$3,332 (+96.8%) |
| 3BR | $6,500 | $3,443 | +$3,057 (+88.8%) |
| 4BR | $14,800 | $4,000 | +$10,800 (+270.0%) |
| 4BR | $14,800 | $4,000 | +$10,800 (+270.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.