Monthly Rent Report
Financial District Rent Report — October 2024
Asking rents in ZIP 10004, New York City, from 10 listings.
Median 1BR rent in Financial District was $5,200 in October 2024, up 33.3% (+$1,300) from September 2024 and up 30.2% year-over-year. The middle half of 1BR listings asked between $5,200 and $5,200. That puts Financial District $2,894 above the New York City citywide 1BR median of $2,306. The month's figures are based on 10 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,195 | −$800 (-20.0%) | −$105 (-3.2%) | $3,195 – $3,195 | 1 |
| 1BR | $5,200 | +$1,300 (+33.3%) | +$1,205 (+30.2%) | $5,200 – $5,200 | 2 |
| 1BR | $5,200 | +$1,300 (+33.3%) | +$1,205 (+30.2%) | $5,200 – $5,200 | 2 |
| 2BR | $6,650 | +$2,600 (+64.2%) | +$3,550 (+114.5%) | $6,650 – $6,650 | 1 |
| 3BR | $7,295 | +$1,823 (+33.3%) | +$520 (+7.7%) | $7,145 – $7,295 | 3 |
| 4BR | $9,250 | +$2,300 (+33.1%) | −$7,250 (-43.9%) | $9,250 – $9,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — October 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,195 | $2,550 | +$645 (+25.3%) |
| 1BR | $5,200 | $2,306 | +$2,894 (+125.5%) |
| 1BR | $5,200 | $2,306 | +$2,894 (+125.5%) |
| 2BR | $6,650 | $2,914 | +$3,737 (+128.2%) |
| 3BR | $7,295 | $3,519 | +$3,776 (+107.3%) |
| 4BR | $9,250 | $4,100 | +$5,150 (+125.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.