Monthly Rent Report
Financial District Rent Report — March 2025
Asking rents in ZIP 10005, New York City, from 991 listings.
Median 1BR rent in Financial District was $4,692 in March 2025, down 11.8% (−$627) from February 2025 and down 1.1% year-over-year. The middle half of 1BR listings asked between $4,240 and $5,065. That puts Financial District $2,192 above the New York City citywide 1BR median of $2,500. The month's figures are based on 991 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,719 | −$956 (-20.4%) | −$276 (-6.9%) | $3,648 – $3,790 | 2 |
| Studio | $3,979 | −$696 (-14.9%) | −$16 (-0.4%) | $3,760 – $4,200 | 489 |
| 1BR | $4,692 | −$627 (-11.8%) | −$50 (-1.1%) | $4,240 – $5,065 | 4 |
| 1BR | $5,400 | +$82 (+1.5%) | +$658 (+13.9%) | $4,750 – $6,250 | 322 |
| 2BR | $5,238 | −$1,834 (-25.9%) | −$2,222 (-29.8%) | $5,238 – $5,238 | 1 |
| 2BR | $5,888 | −$1,184 (-16.7%) | −$1,573 (-21.1%) | $3,893 – $7,689 | 124 |
| 3BR | $7,625 | +$117 (+1.6%) | −$8,370 (-52.3%) | $7,625 – $7,625 | 1 |
| 3BR | $6,461 | −$1,047 (-14.0%) | −$9,534 (-59.6%) | $5,175 – $8,495 | 34 |
| 4BR | $6,500 | — | — | $6,465 – $7,050 | 8 |
| 4BR | $6,625 | — | — | $6,472 – $7,650 | 6 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Financial District vs. New York City — March 2025
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,719 | $2,514 | +$1,206 (+48.0%) |
| Studio | $3,979 | $2,514 | +$1,466 (+58.3%) |
| 1BR | $4,692 | $2,500 | +$2,192 (+87.7%) |
| 1BR | $5,400 | $2,500 | +$2,900 (+116.0%) |
| 2BR | $5,238 | $2,938 | +$2,301 (+78.3%) |
| 2BR | $5,888 | $2,938 | +$2,950 (+100.4%) |
| 3BR | $7,625 | $3,600 | +$4,025 (+111.8%) |
| 3BR | $6,461 | $3,600 | +$2,861 (+79.5%) |
| 4BR | $6,500 | $4,400 | +$2,100 (+47.7%) |
| 4BR | $6,625 | $4,400 | +$2,225 (+50.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2025.