Monthly Rent Report
Financial District Rent Report — May 2025
Asking rents in ZIP 10004, New York City, from 76 listings.
Median 1BR rent in Financial District was $4,911 in May 2025, up 2.4% (+$115) from April 2025 and up 0.8% year-over-year. The middle half of 1BR listings asked between $4,600 and $5,050. That puts Financial District $2,070 above the New York City citywide 1BR median of $2,841. The month's figures are based on 76 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,500 | +$993 (+28.3%) | +$1,053 (+30.5%) | $4,500 – $4,500 | 1 |
| Studio | $3,850 | +$343 (+9.8%) | +$403 (+11.7%) | $3,500 – $4,425 | 14 |
| 1BR | $4,911 | +$115 (+2.4%) | +$39 (+0.8%) | $4,600 – $5,050 | 23 |
| 1BR | $4,800 | +$4 (+0.1%) | −$72 (-1.5%) | $4,500 – $5,000 | 13 |
| 2BR | $7,200 | −$22 (-0.3%) | +$3,682 (+104.7%) | $7,150 – $8,500 | 5 |
| 2BR | $7,200 | −$22 (-0.3%) | +$3,682 (+104.7%) | $5,500 – $7,978 | 13 |
| 3BR | $10,500 | +$4,325 (+70.0%) | +$375 (+3.7%) | $10,500 – $10,500 | 1 |
| 3BR | $10,900 | +$4,725 (+76.5%) | +$775 (+7.7%) | $10,900 – $10,900 | 1 |
| 4BR | $6,648 | $0 (0.0%) | −$11,352 (-63.1%) | $6,495 – $7,413 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Financial District vs. New York City — May 2025
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,500 | $2,799 | +$1,701 (+60.8%) |
| Studio | $3,850 | $2,799 | +$1,051 (+37.5%) |
| 1BR | $4,911 | $2,841 | +$2,070 (+72.9%) |
| 1BR | $4,800 | $2,841 | +$1,959 (+69.0%) |
| 2BR | $7,200 | $3,263 | +$3,938 (+120.7%) |
| 2BR | $7,200 | $3,263 | +$3,938 (+120.7%) |
| 3BR | $10,500 | $3,777 | +$6,723 (+178.0%) |
| 3BR | $10,900 | $3,777 | +$7,123 (+188.6%) |
| 4BR | $6,648 | $4,345 | +$2,303 (+53.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.