Monthly Rent Report
Financial District Rent Report — November 2024
Asking rents in ZIP 10004, New York City, from 39 listings.
Median 1BR rent in Financial District was $5,200 in November 2024, flat versus October 2024 and up 8.3% year-over-year. The middle half of 1BR listings asked between $5,200 and $5,200. That puts Financial District $2,750 above the New York City citywide 1BR median of $2,450. The month's figures are based on 39 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,471 | +$276 (+8.6%) | −$29 (-0.8%) | $3,273 – $3,600 | 27 |
| 1BR | $5,200 | $0 (0.0%) | +$400 (+8.3%) | $5,200 – $5,200 | 2 |
| 1BR | $5,200 | $0 (0.0%) | +$400 (+8.3%) | $5,200 – $5,200 | 2 |
| 2BR | $6,450 | −$200 (-3.0%) | −$975 (-13.1%) | $6,450 – $6,450 | 1 |
| 3BR | $6,450 | −$845 (-11.6%) | +$490 (+8.2%) | $6,450 – $6,500 | 4 |
| 4BR | $6,495 | −$2,755 (-29.8%) | −$9,164 (-58.5%) | $6,495 – $6,745 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — November 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,471 | $2,383 | +$1,088 (+45.7%) |
| 1BR | $5,200 | $2,450 | +$2,750 (+112.2%) |
| 1BR | $5,200 | $2,450 | +$2,750 (+112.2%) |
| 2BR | $6,450 | $2,950 | +$3,500 (+118.6%) |
| 3BR | $6,450 | $3,600 | +$2,850 (+79.2%) |
| 4BR | $6,495 | $4,375 | +$2,120 (+48.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.