Monthly Rent Report
Financial District Rent Report — December 2024
Asking rents in ZIP 10005, New York City, from 43 listings.
Median 1BR rent in Financial District was $3,850 in December 2024, up 2.3% (+$87) from November 2024 and down 21.1% year-over-year. The middle half of 1BR listings asked between $3,850 and $3,850. That puts Financial District $1,371 above the New York City citywide 1BR median of $2,480. The month's figures are based on 43 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,722 | +$309 (+9.1%) | +$65 (+1.8%) | $3,702 – $3,725 | 6 |
| Studio | $4,000 | +$588 (+17.2%) | +$343 (+9.4%) | $4,000 – $4,000 | 2 |
| 1BR | $3,850 | +$87 (+2.3%) | −$1,031 (-21.1%) | $3,850 – $3,850 | 1 |
| 1BR | $3,300 | −$463 (-12.3%) | −$1,581 (-32.4%) | $3,134 – $4,050 | 3 |
| 2BR | $6,431 | −$619 (-8.8%) | +$1,046 (+19.4%) | $6,431 – $6,431 | 1 |
| 2BR | $5,495 | −$1,555 (-22.1%) | +$110 (+2.0%) | $5,100 – $6,250 | 14 |
| 3BR | $9,838 | +$288 (+3.0%) | +$1,873 (+23.5%) | $7,369 – $12,306 | 2 |
| 3BR | $4,900 | −$4,650 (-48.7%) | −$3,065 (-38.5%) | $4,900 – $14,775 | 5 |
| 4BR | $6,750 | $0 (0.0%) | — | $6,500 – $7,000 | 9 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — December 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,722 | $2,525 | +$1,197 (+47.4%) |
| Studio | $4,000 | $2,525 | +$1,475 (+58.4%) |
| 1BR | $3,850 | $2,480 | +$1,371 (+55.3%) |
| 1BR | $3,300 | $2,480 | +$821 (+33.1%) |
| 2BR | $6,431 | $2,975 | +$3,456 (+116.2%) |
| 2BR | $5,495 | $2,975 | +$2,520 (+84.7%) |
| 3BR | $9,838 | $3,546 | +$6,292 (+177.5%) |
| 3BR | $4,900 | $3,546 | +$1,355 (+38.2%) |
| 4BR | $6,750 | $4,150 | +$2,600 (+62.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.