Monthly Rent Report
Financial District Rent Report — November 2024
Asking rents in ZIP 10006, New York City, from 36 listings.
Median 1BR rent in Financial District was $4,250 in November 2024, down 9.1% (−$425) from October 2024 and down 11.4% year-over-year. The middle half of 1BR listings asked between $4,250 and $4,250. That puts Financial District $1,800 above the New York City citywide 1BR median of $2,450. The month's figures are based on 36 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,525 | +$475 (+15.6%) | +$125 (+3.7%) | $3,507 – $3,832 | 5 |
| 1BR | $4,250 | −$425 (-9.1%) | −$545 (-11.4%) | $4,250 – $4,250 | 1 |
| 2BR | $6,150 | −$175 (-2.8%) | +$1,155 (+23.1%) | $6,125 – $6,150 | 3 |
| 3BR | $4,425 | −$75 (-1.7%) | −$4,272 (-49.1%) | $4,200 – $5,415 | 22 |
| 4BR | $6,365 | −$67 (-1.0%) | −$13,135 (-67.4%) | $6,365 – $6,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Financial District vs. New York City — November 2024
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,525 | $2,383 | +$1,142 (+47.9%) |
| 1BR | $4,250 | $2,450 | +$1,800 (+73.5%) |
| 2BR | $6,150 | $2,950 | +$3,200 (+108.5%) |
| 3BR | $4,425 | $3,600 | +$825 (+22.9%) |
| 4BR | $6,365 | $4,375 | +$1,990 (+45.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.