Monthly Rent Report
Financial District Rent Report — March 2024
Asking rents in ZIP 10006, New York City, from 61 listings.
Median 1BR rent in Financial District was $4,650 in March 2024, up 3.3% (+$150) from February 2024 and down 11.4% year-over-year. The middle half of 1BR listings asked between $4,250 and $4,800. That puts Financial District $2,151 above the New York City citywide 1BR median of $2,499. The month's figures are based on 61 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,550 | −$140 (-3.8%) | +$555 (+18.5%) | $3,199 – $3,795 | 12 |
| Studio | $3,625 | −$65 (-1.8%) | +$630 (+21.0%) | $3,610 – $3,656 | 6 |
| Studio | $3,195 | −$495 (-13.4%) | +$200 (+6.7%) | $3,195 – $3,195 | 1 |
| 1BR | $4,650 | +$150 (+3.3%) | −$600 (-11.4%) | $4,250 – $4,800 | 3 |
| 1BR | $4,450 | −$50 (-1.1%) | −$800 (-15.2%) | $4,280 – $5,022 | 19 |
| 1BR | $6,500 | +$2,000 (+44.4%) | +$1,250 (+23.8%) | $6,500 – $6,500 | 2 |
| 2BR | $6,332 | +$116 (+1.9%) | +$378 (+6.3%) | $5,713 – $7,457 | 8 |
| 2BR | $9,300 | +$3,084 (+49.6%) | +$3,346 (+56.2%) | $9,300 – $9,300 | 1 |
| 2BR | $6,365 | +$149 (+2.4%) | +$411 (+6.9%) | $6,316 – $6,413 | 4 |
| 3BR | $7,995 | $0 (0.0%) | −$8,005 (-50.0%) | $7,995 – $7,995 | 1 |
| 3BR | $7,995 | $0 (0.0%) | −$8,005 (-50.0%) | $7,995 – $7,995 | 1 |
| 4BR | $16,500 | $0 (0.0%) | — | $16,500 – $16,500 | 1 |
| 4BR | $16,500 | $0 (0.0%) | — | $16,500 – $16,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — March 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,550 | $2,450 | +$1,100 (+44.9%) |
| Studio | $3,625 | $2,450 | +$1,175 (+47.9%) |
| Studio | $3,195 | $2,450 | +$745 (+30.4%) |
| 1BR | $4,650 | $2,499 | +$2,151 (+86.1%) |
| 1BR | $4,450 | $2,499 | +$1,951 (+78.1%) |
| 1BR | $6,500 | $2,499 | +$4,001 (+160.1%) |
| 2BR | $6,332 | $2,995 | +$3,338 (+111.5%) |
| 2BR | $9,300 | $2,995 | +$6,306 (+210.6%) |
| 2BR | $6,365 | $2,995 | +$3,370 (+112.5%) |
| 3BR | $7,995 | $3,500 | +$4,495 (+128.4%) |
| 3BR | $7,995 | $3,500 | +$4,495 (+128.4%) |
| 4BR | $16,500 | $4,250 | +$12,251 (+288.3%) |
| 4BR | $16,500 | $4,250 | +$12,251 (+288.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.