Monthly Rent Report
Financial District Rent Report — May 2025
Asking rents in ZIP 10005, New York City, from 166 listings.
Median 1BR rent in Financial District was $4,712 in May 2025, down 8.3% (−$425) from April 2025 and down 11.3% year-over-year. The middle half of 1BR listings asked between $4,616 and $4,814. That puts Financial District $1,871 above the New York City citywide 1BR median of $2,841. The month's figures are based on 166 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,447 | −$190 (-5.2%) | −$390 (-10.2%) | $3,385 – $3,504 | 4 |
| Studio | $3,920 | +$283 (+7.8%) | +$83 (+2.1%) | $3,716 – $4,146 | 91 |
| 1BR | $4,712 | −$425 (-8.3%) | −$603 (-11.3%) | $4,616 – $4,814 | 4 |
| 1BR | $5,318 | +$181 (+3.5%) | +$3 (+0.1%) | $4,866 – $5,598 | 44 |
| 2BR | $7,235 | +$1,346 (+22.9%) | +$2,204 (+43.8%) | $7,125 – $7,767 | 11 |
| 2BR | $7,400 | +$1,511 (+25.7%) | +$2,369 (+47.1%) | $7,400 – $7,400 | 2 |
| 3BR | $7,525 | −$970 (-11.4%) | −$470 (-5.9%) | $7,438 – $7,613 | 2 |
| 3BR | $5,200 | −$3,295 (-38.8%) | −$2,795 (-35.0%) | $5,200 – $6,848 | 3 |
| 4BR | $6,750 | $0 (0.0%) | +$200 (+3.1%) | $6,650 – $7,000 | 5 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Financial District vs. New York City — May 2025
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,447 | $2,799 | +$648 (+23.2%) |
| Studio | $3,920 | $2,799 | +$1,121 (+40.1%) |
| 1BR | $4,712 | $2,841 | +$1,871 (+65.9%) |
| 1BR | $5,318 | $2,841 | +$2,477 (+87.2%) |
| 2BR | $7,235 | $3,263 | +$3,973 (+121.8%) |
| 2BR | $7,400 | $3,263 | +$4,138 (+126.8%) |
| 3BR | $7,525 | $3,777 | +$3,748 (+99.2%) |
| 3BR | $5,200 | $3,777 | +$1,423 (+37.7%) |
| 4BR | $6,750 | $4,345 | +$2,405 (+55.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.