Monthly Rent Report
Financial District Rent Report — September 2024
Asking rents in ZIP 10005, New York City, from 33 listings.
Median 1BR rent in Financial District was $4,775 in September 2024, up 10.5% (+$453) from August 2024 and down 25.9% year-over-year. The middle half of 1BR listings asked between $4,738 and $4,813. That puts Financial District $2,382 above the New York City citywide 1BR median of $2,393. The month's figures are based on 33 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,363 | −$37 (-1.1%) | −$312 (-8.5%) | $3,306 – $3,481 | 4 |
| 1BR | $4,775 | +$453 (+10.5%) | −$1,671 (-25.9%) | $4,738 – $4,813 | 2 |
| 2BR | $7,050 | −$50 (-0.7%) | +$3,023 (+75.1%) | $7,050 – $7,050 | 1 |
| 3BR | $4,916 | +$107 (+2.2%) | −$8,084 (-62.2%) | $4,538 – $8,146 | 24 |
| 4BR | $6,625 | +$163 (+2.5%) | — | $6,563 – $6,688 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — September 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,363 | $2,369 | +$994 (+42.0%) |
| 1BR | $4,775 | $2,393 | +$2,382 (+99.5%) |
| 2BR | $7,050 | $2,900 | +$4,150 (+143.1%) |
| 3BR | $4,916 | $3,598 | +$1,318 (+36.6%) |
| 4BR | $6,625 | $4,295 | +$2,330 (+54.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.