Monthly Rent Report
Financial District Rent Report — December 2024
Asking rents in ZIP 10004, New York City, from 102 listings.
Median 1BR rent in Financial District was $4,600 in December 2024, down 11.5% (−$600) from November 2024 and up 2.2% year-over-year. The middle half of 1BR listings asked between $4,600 and $4,600. That puts Financial District $2,121 above the New York City citywide 1BR median of $2,480. The month's figures are based on 102 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,531 | +$60 (+1.7%) | +$31 (+0.9%) | $3,300 – $3,931 | 68 |
| 1BR | $4,600 | −$600 (-11.5%) | +$100 (+2.2%) | $4,600 – $4,600 | 1 |
| 1BR | $4,600 | −$600 (-11.5%) | +$100 (+2.2%) | $4,600 – $4,600 | 1 |
| 2BR | $4,723 | −$1,727 (-26.8%) | −$4,227 (-47.2%) | $4,134 – $5,311 | 2 |
| 2BR | $4,723 | −$1,727 (-26.8%) | −$4,227 (-47.2%) | $4,134 – $5,311 | 2 |
| 3BR | $5,695 | −$755 (-11.7%) | −$305 (-5.1%) | $4,509 – $6,200 | 21 |
| 4BR | $6,995 | +$500 (+7.7%) | −$8,664 (-55.3%) | $6,648 – $7,498 | 7 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — December 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,531 | $2,525 | +$1,006 (+39.8%) |
| 1BR | $4,600 | $2,480 | +$2,121 (+85.5%) |
| 1BR | $4,600 | $2,480 | +$2,121 (+85.5%) |
| 2BR | $4,723 | $2,975 | +$1,748 (+58.7%) |
| 2BR | $4,723 | $2,975 | +$1,748 (+58.7%) |
| 3BR | $5,695 | $3,546 | +$2,150 (+60.6%) |
| 4BR | $6,995 | $4,150 | +$2,845 (+68.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.