Monthly Rent Report
Financial District Rent Report — January 2025
Asking rents in ZIP 10005, New York City, from 425 listings.
Median 1BR rent in Financial District was $4,520 in January 2025, up 17.4% (+$670) from December 2024 and down 13.5% year-over-year. The middle half of 1BR listings asked between $3,733 and $5,159. That puts Financial District $2,020 above the New York City citywide 1BR median of $2,500. The month's figures are based on 425 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,900 | +$179 (+4.8%) | +$290 (+8.0%) | $3,516 – $4,148 | 165 |
| Studio | $3,582 | −$139 (-3.7%) | −$28 (-0.8%) | $3,555 – $3,637 | 10 |
| 1BR | $4,520 | +$670 (+17.4%) | −$705 (-13.5%) | $3,733 – $5,159 | 139 |
| 1BR | $5,495 | +$1,645 (+42.7%) | +$270 (+5.2%) | $4,719 – $5,540 | 3 |
| 2BR | $6,694 | +$1,199 (+21.8%) | −$457 (-6.4%) | $6,694 – $6,694 | 1 |
| 2BR | $4,714 | −$781 (-14.2%) | −$2,438 (-34.1%) | $3,727 – $6,998 | 70 |
| 3BR | $4,985 | +$85 (+1.7%) | −$3,060 (-38.0%) | $4,425 – $6,410 | 30 |
| 3BR | $6,562 | +$1,662 (+33.9%) | −$1,483 (-18.4%) | $6,562 – $6,562 | 1 |
| 4BR | $6,750 | $0 (0.0%) | — | $6,500 – $7,000 | 5 |
| 4BR | $6,500 | −$250 (-3.7%) | — | $6,500 – $6,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Financial District vs. New York City — January 2025
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,900 | $2,525 | +$1,375 (+54.5%) |
| Studio | $3,582 | $2,525 | +$1,057 (+41.9%) |
| 1BR | $4,520 | $2,500 | +$2,020 (+80.8%) |
| 1BR | $5,495 | $2,500 | +$2,995 (+119.8%) |
| 2BR | $6,694 | $2,900 | +$3,794 (+130.8%) |
| 2BR | $4,714 | $2,900 | +$1,814 (+62.5%) |
| 3BR | $4,985 | $3,500 | +$1,485 (+42.4%) |
| 3BR | $6,562 | $3,500 | +$3,062 (+87.5%) |
| 4BR | $6,750 | $4,100 | +$2,650 (+64.6%) |
| 4BR | $6,500 | $4,100 | +$2,400 (+58.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.