Monthly Rent Report
Financial District Rent Report — June 2024
Asking rents in ZIP 10004, New York City, from 182 listings.
Median 1BR rent in Financial District was $4,750 in June 2024, down 8.7% (−$450) from May 2024 and down 11.1% year-over-year. The middle half of 1BR listings asked between $4,250 and $5,200. That puts Financial District $2,300 above the New York City citywide 1BR median of $2,450. The month's figures are based on 182 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,600 | +$153 (+4.4%) | +$200 (+5.9%) | $3,500 – $3,700 | 9 |
| Studio | $3,498 | +$50 (+1.5%) | +$98 (+2.9%) | $3,320 – $3,675 | 14 |
| Studio | $3,500 | +$53 (+1.5%) | +$100 (+2.9%) | $3,300 – $3,750 | 20 |
| 1BR | $4,750 | −$450 (-8.7%) | −$595 (-11.1%) | $4,250 – $5,200 | 19 |
| 1BR | $4,850 | −$350 (-6.7%) | −$495 (-9.3%) | $4,850 – $4,850 | 1 |
| 1BR | $3,200 | −$2,000 (-38.5%) | −$2,145 (-40.1%) | $2,900 – $3,620 | 36 |
| 2BR | $7,750 | +$4,232 (+120.3%) | −$1,150 (-12.9%) | $7,750 – $7,750 | 1 |
| 2BR | $4,500 | +$982 (+27.9%) | −$4,400 (-49.4%) | $3,469 – $4,938 | 26 |
| 2BR | $7,850 | +$4,332 (+123.1%) | −$1,050 (-11.8%) | $6,000 – $10,975 | 18 |
| 3BR | $5,550 | −$4,575 (-45.2%) | −$5,200 (-48.4%) | $4,150 – $11,088 | 14 |
| 3BR | $9,675 | −$450 (-4.4%) | −$1,075 (-10.0%) | $6,525 – $12,500 | 8 |
| 3BR | $4,048 | −$6,077 (-60.0%) | −$6,702 (-62.3%) | $3,990 – $4,300 | 12 |
| 4BR | $16,800 | −$1,200 (-6.7%) | — | $16,800 – $16,800 | 2 |
| 4BR | $16,800 | −$1,200 (-6.7%) | — | $16,800 – $16,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — June 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,600 | $2,440 | +$1,160 (+47.5%) |
| Studio | $3,498 | $2,440 | +$1,058 (+43.3%) |
| Studio | $3,500 | $2,440 | +$1,060 (+43.4%) |
| 1BR | $4,750 | $2,450 | +$2,300 (+93.9%) |
| 1BR | $4,850 | $2,450 | +$2,400 (+98.0%) |
| 1BR | $3,200 | $2,450 | +$750 (+30.6%) |
| 2BR | $7,750 | $2,900 | +$4,850 (+167.2%) |
| 2BR | $4,500 | $2,900 | +$1,600 (+55.2%) |
| 2BR | $7,850 | $2,900 | +$4,950 (+170.7%) |
| 3BR | $5,550 | $3,600 | +$1,950 (+54.2%) |
| 3BR | $9,675 | $3,600 | +$6,075 (+168.8%) |
| 3BR | $4,048 | $3,600 | +$448 (+12.4%) |
| 4BR | $16,800 | $4,256 | +$12,544 (+294.7%) |
| 4BR | $16,800 | $4,256 | +$12,544 (+294.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.