Monthly Rent Report
Financial District Rent Report — March 2024
Asking rents in ZIP 10004, New York City, from 66 listings.
Median 1BR rent in Financial District was $4,650 in March 2024, up 32.9% (+$1,150) from February 2024 and up 3.3% year-over-year. The middle half of 1BR listings asked between $4,573 and $5,150. That puts Financial District $2,151 above the New York City citywide 1BR median of $2,499. The month's figures are based on 66 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,400 | $0 (0.0%) | −$250 (-6.8%) | $3,350 – $4,400 | 5 |
| Studio | $3,450 | +$50 (+1.5%) | −$200 (-5.5%) | $3,150 – $3,800 | 13 |
| 1BR | $4,650 | +$1,150 (+32.9%) | +$150 (+3.3%) | $4,573 – $5,150 | 7 |
| 1BR | $4,450 | +$950 (+27.1%) | −$50 (-1.1%) | $4,450 – $4,450 | 2 |
| 2BR | $6,499 | −$501 (-7.2%) | +$1,024 (+18.7%) | $5,423 – $10,550 | 7 |
| 2BR | $9,000 | +$2,000 (+28.6%) | +$3,525 (+64.4%) | $6,499 – $12,000 | 13 |
| 2BR | $6,499 | −$501 (-7.2%) | +$1,024 (+18.7%) | $6,499 – $6,499 | 4 |
| 3BR | $5,100 | −$1,400 (-21.5%) | −$1,010 (-16.5%) | $5,100 – $5,100 | 1 |
| 3BR | $5,100 | −$1,400 (-21.5%) | −$1,010 (-16.5%) | $5,100 – $5,100 | 1 |
| 4BR | $18,000 | +$2,350 (+15.0%) | +$7,291 (+68.1%) | $18,000 – $18,000 | 2 |
| 4BR | $18,000 | +$2,350 (+15.0%) | +$7,291 (+68.1%) | $18,000 – $18,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — March 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,400 | $2,450 | +$950 (+38.8%) |
| Studio | $3,450 | $2,450 | +$1,000 (+40.8%) |
| 1BR | $4,650 | $2,499 | +$2,151 (+86.1%) |
| 1BR | $4,450 | $2,499 | +$1,951 (+78.1%) |
| 2BR | $6,499 | $2,995 | +$3,505 (+117.0%) |
| 2BR | $9,000 | $2,995 | +$6,006 (+200.6%) |
| 2BR | $6,499 | $2,995 | +$3,505 (+117.0%) |
| 3BR | $5,100 | $3,500 | +$1,600 (+45.7%) |
| 3BR | $5,100 | $3,500 | +$1,600 (+45.7%) |
| 4BR | $18,000 | $4,250 | +$13,751 (+323.6%) |
| 4BR | $18,000 | $4,250 | +$13,751 (+323.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.