Monthly Rent Report
Financial District Rent Report — July 2024
Asking rents in ZIP 10006, New York City, from 110 listings.
Median 1BR rent in Financial District was $3,250 in July 2024, up 1.6% (+$50) from June 2024 and down 38.7% year-over-year. The middle half of 1BR listings asked between $2,948 and $4,075. That puts Financial District $750 above the New York City citywide 1BR median of $2,500. The month's figures are based on 110 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,162 | +$662 (+18.9%) | +$393 (+10.4%) | $3,588 – $4,476 | 7 |
| Studio | $3,475 | −$25 (-0.7%) | −$294 (-7.8%) | $3,375 – $3,694 | 12 |
| Studio | $3,463 | −$37 (-1.1%) | −$306 (-8.1%) | $3,444 – $3,481 | 2 |
| 1BR | $3,250 | +$50 (+1.6%) | −$2,050 (-38.7%) | $2,948 – $4,075 | 23 |
| 1BR | $4,654 | +$1,454 (+45.4%) | −$646 (-12.2%) | $4,648 – $4,682 | 5 |
| 1BR | $4,783 | +$1,583 (+49.5%) | −$517 (-9.8%) | $4,675 – $5,348 | 12 |
| 2BR | $6,350 | −$601 (-8.6%) | +$1,850 (+41.1%) | $6,350 – $6,350 | 1 |
| 2BR | $6,942 | −$9 (-0.1%) | +$2,442 (+54.3%) | $6,631 – $8,242 | 7 |
| 2BR | $3,850 | −$3,101 (-44.6%) | −$650 (-14.4%) | $3,622 – $6,506 | 21 |
| 3BR | $4,600 | +$600 (+15.0%) | −$795 (-14.7%) | $4,000 – $5,600 | 13 |
| 3BR | $15,000 | +$11,000 (+275.0%) | +$9,605 (+178.0%) | $15,000 – $15,000 | 1 |
| 3BR | $10,498 | +$6,498 (+162.4%) | +$5,103 (+94.6%) | $8,246 – $12,749 | 2 |
| 4BR | $10,000 | +$3,500 (+53.8%) | −$2,000 (-16.7%) | $10,000 – $10,000 | 2 |
| 4BR | $6,375 | −$125 (-1.9%) | −$5,625 (-46.9%) | $6,313 – $6,438 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — July 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,162 | $2,800 | +$1,362 (+48.6%) |
| Studio | $3,475 | $2,800 | +$675 (+24.1%) |
| Studio | $3,463 | $2,800 | +$663 (+23.7%) |
| 1BR | $3,250 | $2,500 | +$750 (+30.0%) |
| 1BR | $4,654 | $2,500 | +$2,154 (+86.2%) |
| 1BR | $4,783 | $2,500 | +$2,283 (+91.3%) |
| 2BR | $6,350 | $3,000 | +$3,350 (+111.7%) |
| 2BR | $6,942 | $3,000 | +$3,942 (+131.4%) |
| 2BR | $3,850 | $3,000 | +$850 (+28.3%) |
| 3BR | $4,600 | $3,606 | +$994 (+27.6%) |
| 3BR | $15,000 | $3,606 | +$11,394 (+316.0%) |
| 3BR | $10,498 | $3,606 | +$6,892 (+191.1%) |
| 4BR | $10,000 | $4,500 | +$5,500 (+122.2%) |
| 4BR | $6,375 | $4,500 | +$1,875 (+41.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.