Monthly Rent Report
Financial District Rent Report — January 2025
Asking rents in ZIP 10038, New York City, from 567 listings.
Median 1BR rent in Financial District was $4,815 in January 2025, down 5.6% (−$285) from December 2024 and down 1.0% year-over-year. The middle half of 1BR listings asked between $4,000 and $5,821. That puts Financial District $2,315 above the New York City citywide 1BR median of $2,500. The month's figures are based on 567 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,800 | −$980 (-20.5%) | +$427 (+12.6%) | $3,800 – $3,800 | 1 |
| Studio | $4,173 | −$607 (-12.7%) | +$800 (+23.7%) | $3,525 – $4,447 | 117 |
| Studio | $4,140 | −$640 (-13.4%) | +$767 (+22.7%) | $4,135 – $4,145 | 2 |
| 1BR | $4,815 | −$285 (-5.6%) | −$50 (-1.0%) | $4,000 – $5,821 | 222 |
| 1BR | $5,548 | +$448 (+8.8%) | +$683 (+14.0%) | $5,355 – $5,673 | 4 |
| 1BR | $4,250 | −$850 (-16.7%) | −$615 (-12.6%) | $4,250 – $4,250 | 1 |
| 2BR | $4,900 | −$608 (-11.0%) | −$1,095 (-18.3%) | $3,699 – $6,850 | 145 |
| 2BR | $11,278 | +$5,770 (+104.8%) | +$5,283 (+88.1%) | $11,278 – $11,278 | 1 |
| 3BR | $5,500 | −$9,856 (-64.2%) | +$1,300 (+31.0%) | $4,604 – $7,414 | 54 |
| 3BR | $15,356 | $0 (0.0%) | +$11,156 (+265.6%) | $15,356 – $15,356 | 1 |
| 4BR | $6,950 | +$1,140 (+19.6%) | −$1,450 (-17.3%) | $6,500 – $6,998 | 15 |
| 4BR | $6,748 | +$938 (+16.1%) | −$1,652 (-19.7%) | $6,624 – $6,871 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Financial District vs. New York City — January 2025
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,800 | $2,525 | +$1,275 (+50.5%) |
| Studio | $4,173 | $2,525 | +$1,648 (+65.3%) |
| Studio | $4,140 | $2,525 | +$1,615 (+64.0%) |
| 1BR | $4,815 | $2,500 | +$2,315 (+92.6%) |
| 1BR | $5,548 | $2,500 | +$3,048 (+121.9%) |
| 1BR | $4,250 | $2,500 | +$1,750 (+70.0%) |
| 2BR | $4,900 | $2,900 | +$2,000 (+69.0%) |
| 2BR | $11,278 | $2,900 | +$8,378 (+288.9%) |
| 3BR | $5,500 | $3,500 | +$2,000 (+57.1%) |
| 3BR | $15,356 | $3,500 | +$11,856 (+338.7%) |
| 4BR | $6,950 | $4,100 | +$2,850 (+69.5%) |
| 4BR | $6,748 | $4,100 | +$2,648 (+64.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.