Monthly Rent Report
Financial District Rent Report — January 2025
Asking rents in ZIP 10004, New York City, from 156 listings.
Median 1BR rent in Financial District was $4,517 in January 2025, down 1.8% (−$83) from December 2024 and down 9.7% year-over-year. The middle half of 1BR listings asked between $3,313 and $4,806. That puts Financial District $2,017 above the New York City citywide 1BR median of $2,500. The month's figures are based on 156 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,537 | +$6 (+0.2%) | −$213 (-5.7%) | $3,299 – $3,636 | 22 |
| Studio | $3,537 | +$6 (+0.2%) | −$213 (-5.7%) | $3,299 – $3,636 | 22 |
| 1BR | $4,517 | −$83 (-1.8%) | −$483 (-9.7%) | $3,313 – $4,806 | 46 |
| 1BR | $3,450 | −$1,150 (-25.0%) | −$1,550 (-31.0%) | $3,375 – $3,525 | 2 |
| 2BR | $3,750 | −$972 (-20.6%) | −$4,750 (-55.9%) | $3,400 – $6,902 | 33 |
| 2BR | $3,750 | −$972 (-20.6%) | −$4,750 (-55.9%) | $3,575 – $5,425 | 3 |
| 3BR | $6,275 | +$580 (+10.2%) | −$500 (-7.4%) | $5,365 – $12,250 | 12 |
| 3BR | $6,275 | +$580 (+10.2%) | −$500 (-7.4%) | $5,365 – $12,250 | 12 |
| 4BR | $6,745 | −$250 (-3.6%) | −$8,055 (-54.4%) | $6,620 – $6,870 | 2 |
| 4BR | $6,745 | −$250 (-3.6%) | −$8,055 (-54.4%) | $6,620 – $6,870 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Financial District vs. New York City — January 2025
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,537 | $2,525 | +$1,012 (+40.1%) |
| Studio | $3,537 | $2,525 | +$1,012 (+40.1%) |
| 1BR | $4,517 | $2,500 | +$2,017 (+80.7%) |
| 1BR | $3,450 | $2,500 | +$950 (+38.0%) |
| 2BR | $3,750 | $2,900 | +$850 (+29.3%) |
| 2BR | $3,750 | $2,900 | +$850 (+29.3%) |
| 3BR | $6,275 | $3,500 | +$2,775 (+79.3%) |
| 3BR | $6,275 | $3,500 | +$2,775 (+79.3%) |
| 4BR | $6,745 | $4,100 | +$2,645 (+64.5%) |
| 4BR | $6,745 | $4,100 | +$2,645 (+64.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.