Monthly Rent Report
Financial District Rent Report — February 2024
Asking rents in ZIP 10006, New York City, from 111 listings.
Median 1BR rent in Financial District was $4,500 in February 2024, up 30.4% (+$1,050) from January 2024 and up 9.6% year-over-year. The middle half of 1BR listings asked between $4,121 and $4,721. That puts Financial District $2,050 above the New York City citywide 1BR median of $2,450. The month's figures are based on 111 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,198 | −$416 (-11.5%) | −$90 (-2.7%) | $2,795 – $3,600 | 4 |
| Studio | $3,690 | +$77 (+2.1%) | +$403 (+12.2%) | $3,641 – $3,739 | 2 |
| Studio | $3,640 | +$26 (+0.7%) | +$352 (+10.7%) | $3,452 – $3,788 | 36 |
| 1BR | $4,500 | +$1,050 (+30.4%) | +$396 (+9.6%) | $4,121 – $4,721 | 6 |
| 1BR | $4,450 | +$1,000 (+29.0%) | +$346 (+8.4%) | $4,308 – $4,800 | 36 |
| 1BR | $4,600 | +$1,150 (+33.3%) | +$496 (+12.1%) | $4,600 – $4,600 | 1 |
| 2BR | $9,327 | +$3,265 (+53.8%) | +$4,577 (+96.4%) | $6,139 – $12,000 | 4 |
| 2BR | $6,216 | +$154 (+2.5%) | +$1,466 (+30.9%) | $4,571 – $7,718 | 8 |
| 2BR | $5,929 | −$133 (-2.2%) | +$1,179 (+24.8%) | $5,776 – $6,101 | 4 |
| 3BR | $7,795 | −$2,204 (-22.0%) | −$3,952 (-33.6%) | $7,795 – $7,795 | 1 |
| 3BR | $7,995 | −$2,004 (-20.0%) | −$3,752 (-31.9%) | $7,945 – $7,995 | 4 |
| 3BR | $7,995 | −$2,004 (-20.0%) | −$3,752 (-31.9%) | $7,995 – $7,995 | 3 |
| 4BR | $16,500 | — | — | $16,500 – $16,500 | 1 |
| 4BR | $16,500 | — | — | $16,500 – $16,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — February 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,198 | $2,359 | +$839 (+35.6%) |
| Studio | $3,690 | $2,359 | +$1,331 (+56.4%) |
| Studio | $3,640 | $2,359 | +$1,281 (+54.3%) |
| 1BR | $4,500 | $2,450 | +$2,050 (+83.7%) |
| 1BR | $4,450 | $2,450 | +$2,000 (+81.6%) |
| 1BR | $4,600 | $2,450 | +$2,150 (+87.8%) |
| 2BR | $9,327 | $2,979 | +$6,348 (+213.1%) |
| 2BR | $6,216 | $2,979 | +$3,237 (+108.7%) |
| 2BR | $5,929 | $2,979 | +$2,950 (+99.0%) |
| 3BR | $7,795 | $3,500 | +$4,295 (+122.7%) |
| 3BR | $7,995 | $3,500 | +$4,495 (+128.4%) |
| 3BR | $7,995 | $3,500 | +$4,495 (+128.4%) |
| 4BR | $16,500 | $4,148 | +$12,353 (+297.8%) |
| 4BR | $16,500 | $4,148 | +$12,353 (+297.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.