Monthly Rent Report
Financial District Rent Report — March 2025
Asking rents in ZIP 10004, New York City, from 348 listings.
Median 1BR rent in Financial District was $4,500 in March 2025, down 1.4% (−$63) from February 2025 and up 1.1% year-over-year. The middle half of 1BR listings asked between $3,747 and $4,822. That puts Financial District $2,000 above the New York City citywide 1BR median of $2,500. The month's figures are based on 348 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,533 | +$312 (+9.7%) | +$83 (+2.4%) | $3,378 – $3,763 | 63 |
| Studio | $3,507 | +$286 (+8.9%) | +$57 (+1.7%) | $3,356 – $3,722 | 42 |
| 1BR | $4,500 | −$63 (-1.4%) | +$50 (+1.1%) | $3,747 – $4,822 | 74 |
| 1BR | $4,498 | −$65 (-1.4%) | +$48 (+1.1%) | $3,608 – $4,822 | 56 |
| 2BR | $5,000 | −$1,800 (-26.5%) | −$1,499 (-23.1%) | $3,535 – $6,840 | 27 |
| 2BR | $5,293 | −$1,507 (-22.2%) | −$1,206 (-18.6%) | $3,559 – $6,900 | 37 |
| 3BR | $5,898 | +$730 (+14.1%) | +$798 (+15.6%) | $4,851 – $6,757 | 16 |
| 3BR | $5,995 | +$827 (+16.0%) | +$895 (+17.5%) | $4,995 – $6,700 | 17 |
| 4BR | $6,865 | — | −$11,135 (-61.9%) | $6,495 – $7,246 | 8 |
| 4BR | $6,865 | — | −$11,135 (-61.9%) | $6,495 – $7,246 | 8 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Financial District vs. New York City — March 2025
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,533 | $2,514 | +$1,020 (+40.6%) |
| Studio | $3,507 | $2,514 | +$994 (+39.5%) |
| 1BR | $4,500 | $2,500 | +$2,000 (+80.0%) |
| 1BR | $4,498 | $2,500 | +$1,998 (+79.9%) |
| 2BR | $5,000 | $2,938 | +$2,063 (+70.2%) |
| 2BR | $5,293 | $2,938 | +$2,356 (+80.2%) |
| 3BR | $5,898 | $3,600 | +$2,298 (+63.8%) |
| 3BR | $5,995 | $3,600 | +$2,395 (+66.5%) |
| 4BR | $6,865 | $4,400 | +$2,465 (+56.0%) |
| 4BR | $6,865 | $4,400 | +$2,465 (+56.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2025.