Monthly Rent Report
Financial District Rent Report — August 2024
Asking rents in ZIP 10006, New York City, from 52 listings.
Median 1BR rent in Financial District was $4,784 in August 2024, up 47.2% (+$1,534) from July 2024 and up 11.7% year-over-year. The middle half of 1BR listings asked between $4,665 and $4,872. That puts Financial District $2,394 above the New York City citywide 1BR median of $2,390. The month's figures are based on 52 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,754 | +$279 (+8.0%) | +$196 (+5.5%) | $3,552 – $3,836 | 3 |
| 1BR | $4,784 | +$1,534 (+47.2%) | +$503 (+11.7%) | $4,665 – $4,872 | 10 |
| 2BR | $6,150 | −$200 (-3.1%) | −$654 (-9.6%) | $6,150 – $6,150 | 1 |
| 3BR | $4,500 | −$10,500 (-70.0%) | −$10,125 (-69.2%) | $4,195 – $5,995 | 29 |
| 4BR | $6,500 | +$125 (+2.0%) | — | $6,365 – $9,000 | 9 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — August 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,754 | $2,500 | +$1,254 (+50.2%) |
| 1BR | $4,784 | $2,390 | +$2,394 (+100.2%) |
| 2BR | $6,150 | $2,900 | +$3,250 (+112.1%) |
| 3BR | $4,500 | $3,603 | +$897 (+24.9%) |
| 4BR | $6,500 | $4,225 | +$2,275 (+53.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.