Monthly Rent Report
Financial District Rent Report — April 2024
Asking rents in ZIP 10004, New York City, from 59 listings.
Median 1BR rent in Financial District was $4,450 in April 2024, flat versus March 2024 and down 9.1% year-over-year. The middle half of 1BR listings asked between $3,838 and $4,720. That puts Financial District $1,950 above the New York City citywide 1BR median of $2,500. The month's figures are based on 59 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,225 | −$175 (-5.1%) | −$50 (-1.5%) | $3,113 – $4,200 | 6 |
| Studio | $4,500 | +$1,100 (+32.4%) | +$1,225 (+37.4%) | $4,500 – $4,500 | 1 |
| 1BR | $4,450 | $0 (0.0%) | −$447 (-9.1%) | $3,838 – $4,720 | 16 |
| 1BR | $4,475 | +$25 (+0.6%) | −$422 (-8.6%) | $4,413 – $4,538 | 2 |
| 1BR | $4,693 | +$243 (+5.4%) | −$205 (-4.2%) | $4,691 – $4,694 | 2 |
| 2BR | $6,995 | +$496 (+7.6%) | +$2,295 (+48.8%) | $6,499 – $10,500 | 9 |
| 2BR | $8,500 | +$2,001 (+30.8%) | +$3,800 (+80.9%) | $6,874 – $10,125 | 6 |
| 3BR | $4,995 | −$105 (-2.1%) | −$7,505 (-60.0%) | $4,795 – $14,500 | 5 |
| 3BR | $4,895 | −$205 (-4.0%) | −$7,605 (-60.8%) | $4,795 – $7,371 | 4 |
| 3BR | $4,995 | −$105 (-2.1%) | −$7,505 (-60.0%) | $4,995 – $4,995 | 2 |
| 4BR | $18,000 | $0 (0.0%) | +$4,000 (+28.6%) | $18,000 – $18,000 | 1 |
| 4BR | $18,000 | $0 (0.0%) | +$4,000 (+28.6%) | $18,000 – $18,000 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — April 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,225 | $2,491 | +$734 (+29.5%) |
| Studio | $4,500 | $2,491 | +$2,009 (+80.7%) |
| 1BR | $4,450 | $2,500 | +$1,950 (+78.0%) |
| 1BR | $4,475 | $2,500 | +$1,975 (+79.0%) |
| 1BR | $4,693 | $2,500 | +$2,193 (+87.7%) |
| 2BR | $6,995 | $2,995 | +$4,000 (+133.6%) |
| 2BR | $8,500 | $2,995 | +$5,505 (+183.8%) |
| 3BR | $4,995 | $3,500 | +$1,495 (+42.7%) |
| 3BR | $4,895 | $3,500 | +$1,395 (+39.9%) |
| 3BR | $4,995 | $3,500 | +$1,495 (+42.7%) |
| 4BR | $18,000 | $4,270 | +$13,730 (+321.5%) |
| 4BR | $18,000 | $4,270 | +$13,730 (+321.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.