Monthly Rent Report
Financial District Rent Report — September 2024
Asking rents in ZIP 10004, New York City, from 53 listings.
Median 1BR rent in Financial District was $3,900 in September 2024, up 16.4% (+$550) from August 2024 and down 21.9% year-over-year. The middle half of 1BR listings asked between $3,295 and $4,800. That puts Financial District $1,507 above the New York City citywide 1BR median of $2,393. The month's figures are based on 53 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,995 | +$595 (+17.5%) | +$683 (+20.6%) | $3,873 – $4,123 | 3 |
| 1BR | $3,900 | +$550 (+16.4%) | −$1,095 (-21.9%) | $3,295 – $4,800 | 25 |
| 2BR | $4,050 | −$445 (-9.9%) | −$3,045 (-42.9%) | $3,582 – $4,761 | 14 |
| 3BR | $5,473 | −$11,027 (-66.8%) | −$1,177 (-17.7%) | $4,877 – $8,150 | 8 |
| 4BR | $6,950 | +$103 (+1.5%) | — | $6,950 – $6,973 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — September 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,995 | $2,369 | +$1,626 (+68.7%) |
| 1BR | $3,900 | $2,393 | +$1,507 (+63.0%) |
| 2BR | $4,050 | $2,900 | +$1,150 (+39.7%) |
| 3BR | $5,473 | $3,598 | +$1,875 (+52.1%) |
| 4BR | $6,950 | $4,295 | +$2,655 (+61.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.