Monthly Rent Report
Financial District Rent Report — February 2025
Asking rents in ZIP 10005, New York City, from 302 listings.
Median 1BR rent in Financial District was $5,319 in February 2025, down 3.2% (−$176) from January 2025 and up 14.2% year-over-year. The middle half of 1BR listings asked between $4,876 and $5,329. That puts Financial District $2,841 above the New York City citywide 1BR median of $2,478. The month's figures are based on 302 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2025 | Vs. February 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,675 | +$775 (+19.9%) | +$680 (+17.0%) | $4,675 – $4,675 | 1 |
| Studio | $3,948 | +$48 (+1.2%) | −$47 (-1.2%) | $3,663 – $4,191 | 138 |
| 1BR | $5,319 | −$176 (-3.2%) | +$662 (+14.2%) | $4,876 – $5,329 | 4 |
| 1BR | $5,082 | −$413 (-7.5%) | +$425 (+9.1%) | $4,592 – $6,150 | 121 |
| 2BR | $7,072 | +$378 (+5.6%) | −$423 (-5.6%) | $5,720 – $8,318 | 28 |
| 2BR | $6,948 | +$254 (+3.8%) | −$547 (-7.3%) | $6,924 – $6,971 | 2 |
| 3BR | $13,450 | +$8,466 (+169.8%) | +$5,730 (+74.2%) | $6,819 – $14,998 | 7 |
| 3BR | $7,508 | +$2,524 (+50.6%) | −$212 (-2.7%) | $7,508 – $7,508 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2025. Changes compare against the nearest prior month with data.
Financial District vs. New York City — February 2025
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,675 | $2,566 | +$2,110 (+82.2%) |
| Studio | $3,948 | $2,566 | +$1,383 (+53.9%) |
| 1BR | $5,319 | $2,478 | +$2,841 (+114.7%) |
| 1BR | $5,082 | $2,478 | +$2,605 (+105.1%) |
| 2BR | $7,072 | $3,000 | +$4,072 (+135.7%) |
| 2BR | $6,948 | $3,000 | +$3,948 (+131.6%) |
| 3BR | $13,450 | $3,600 | +$9,850 (+273.6%) |
| 3BR | $7,508 | $3,600 | +$3,908 (+108.6%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in February 2025.