Monthly Rent Report
Financial District Rent Report — October 2024
Asking rents in ZIP 10005, New York City, from 17 listings.
Median 1BR rent in Financial District was $5,665 in October 2024, up 18.6% (+$890) from September 2024 and up 4.1% year-over-year. The middle half of 1BR listings asked between $4,963 and $6,366. That puts Financial District $3,358 above the New York City citywide 1BR median of $2,306. The month's figures are based on 17 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,496 | +$134 (+4.0%) | −$186 (-5.1%) | $3,346 – $3,697 | 5 |
| 1BR | $5,665 | +$890 (+18.6%) | +$225 (+4.1%) | $4,963 – $6,366 | 2 |
| 2BR | $7,504 | +$454 (+6.4%) | +$1,014 (+15.6%) | $7,449 – $7,585 | 4 |
| 3BR | $14,775 | +$9,860 (+200.6%) | +$7,780 (+111.2%) | $14,775 – $14,775 | 1 |
| 3BR | $14,775 | +$9,860 (+200.6%) | +$7,780 (+111.2%) | $14,775 – $14,775 | 1 |
| 4BR | $7,003 | +$378 (+5.7%) | — | $6,688 – $7,539 | 4 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — October 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,496 | $2,550 | +$946 (+37.1%) |
| 1BR | $5,665 | $2,306 | +$3,358 (+145.6%) |
| 2BR | $7,504 | $2,914 | +$4,591 (+157.6%) |
| 3BR | $14,775 | $3,519 | +$11,256 (+319.9%) |
| 3BR | $14,775 | $3,519 | +$11,256 (+319.9%) |
| 4BR | $7,003 | $4,100 | +$2,903 (+70.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.