Monthly Rent Report
Financial District Rent Report — February 2024
Asking rents in ZIP 10004, New York City, from 58 listings.
Median 1BR rent in Financial District was $5,000 in February 2024, down 5.7% (−$300) from January 2024 and up 29.5% year-over-year. The middle half of 1BR listings asked between $4,575 and $5,000. That puts Financial District $2,550 above the New York City citywide 1BR median of $2,450. The month's figures are based on 58 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,400 | −$350 (-9.3%) | −$300 (-8.1%) | $3,150 – $3,495 | 9 |
| Studio | $3,200 | −$550 (-14.7%) | −$500 (-13.5%) | $3,150 – $3,450 | 3 |
| 1BR | $5,000 | −$300 (-5.7%) | +$1,140 (+29.5%) | $4,575 – $5,000 | 7 |
| 1BR | $3,500 | −$1,800 (-34.0%) | −$360 (-9.3%) | $3,500 – $3,500 | 1 |
| 1BR | $5,000 | −$300 (-5.7%) | +$1,140 (+29.5%) | $4,600 – $5,300 | 13 |
| 2BR | $4,695 | −$3,805 (-44.8%) | −$1,500 (-24.2%) | $4,620 – $6,236 | 6 |
| 2BR | $6,250 | −$2,250 (-26.5%) | +$55 (+0.9%) | $6,250 – $6,250 | 2 |
| 2BR | $7,000 | −$1,500 (-17.6%) | +$805 (+13.0%) | $5,473 – $7,188 | 7 |
| 3BR | $6,500 | $0 (0.0%) | −$6,500 (-50.0%) | $6,500 – $6,500 | 1 |
| 3BR | $6,500 | $0 (0.0%) | −$6,500 (-50.0%) | $6,500 – $6,500 | 1 |
| 4BR | $15,650 | +$850 (+5.7%) | +$4,941 (+46.1%) | $15,225 – $16,075 | 2 |
| 4BR | $15,650 | +$850 (+5.7%) | +$4,941 (+46.1%) | $15,225 – $16,075 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — February 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,400 | $2,359 | +$1,041 (+44.1%) |
| Studio | $3,200 | $2,359 | +$841 (+35.7%) |
| 1BR | $5,000 | $2,450 | +$2,550 (+104.1%) |
| 1BR | $3,500 | $2,450 | +$1,050 (+42.9%) |
| 1BR | $5,000 | $2,450 | +$2,550 (+104.1%) |
| 2BR | $4,695 | $2,979 | +$1,716 (+57.6%) |
| 2BR | $6,250 | $2,979 | +$3,271 (+109.8%) |
| 2BR | $7,000 | $2,979 | +$4,021 (+135.0%) |
| 3BR | $6,500 | $3,500 | +$3,000 (+85.7%) |
| 3BR | $6,500 | $3,500 | +$3,000 (+85.7%) |
| 4BR | $15,650 | $4,148 | +$11,503 (+277.3%) |
| 4BR | $15,650 | $4,148 | +$11,503 (+277.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.