Monthly Rent Report
Financial District Rent Report — March 2025
Asking rents in ZIP 10038, New York City, from 827 listings.
Median 1BR rent in Financial District was $5,555 in March 2025, up 12.2% (+$605) from February 2025 and up 0.8% year-over-year. The middle half of 1BR listings asked between $5,450 and $5,815. That puts Financial District $3,055 above the New York City citywide 1BR median of $2,500. The month's figures are based on 827 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,150 | +$350 (+9.2%) | −$210 (-4.8%) | $3,519 – $4,658 | 180 |
| Studio | $4,195 | +$395 (+10.4%) | −$165 (-3.8%) | $4,088 – $4,203 | 3 |
| Studio | $3,850 | +$50 (+1.3%) | −$510 (-11.7%) | $3,850 – $3,850 | 1 |
| 1BR | $5,555 | +$605 (+12.2%) | +$45 (+0.8%) | $5,450 – $5,815 | 3 |
| 1BR | $4,650 | −$300 (-6.1%) | −$860 (-15.6%) | $4,650 – $4,650 | 2 |
| 1BR | $4,950 | $0 (0.0%) | −$560 (-10.2%) | $4,088 – $5,990 | 292 |
| 2BR | $5,150 | +$504 (+10.8%) | −$1,716 (-25.0%) | $3,900 – $7,033 | 195 |
| 2BR | $9,445 | +$4,799 (+103.3%) | +$2,579 (+37.6%) | $9,365 – $11,125 | 3 |
| 3BR | $5,248 | −$732 (-12.2%) | −$2,896 (-35.6%) | $4,586 – $6,433 | 52 |
| 3BR | $5,400 | −$580 (-9.7%) | −$2,744 (-33.7%) | $4,800 – $6,720 | 61 |
| 4BR | $6,975 | +$375 (+5.7%) | −$720 (-9.4%) | $6,418 – $8,030 | 18 |
| 4BR | $6,950 | +$350 (+5.3%) | −$745 (-9.7%) | $6,390 – $8,000 | 17 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Financial District vs. New York City — March 2025
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,150 | $2,514 | +$1,637 (+65.1%) |
| Studio | $4,195 | $2,514 | +$1,682 (+66.9%) |
| Studio | $3,850 | $2,514 | +$1,337 (+53.2%) |
| 1BR | $5,555 | $2,500 | +$3,055 (+122.2%) |
| 1BR | $4,650 | $2,500 | +$2,150 (+86.0%) |
| 1BR | $4,950 | $2,500 | +$2,450 (+98.0%) |
| 2BR | $5,150 | $2,938 | +$2,213 (+75.3%) |
| 2BR | $9,445 | $2,938 | +$6,508 (+221.5%) |
| 3BR | $5,248 | $3,600 | +$1,648 (+45.8%) |
| 3BR | $5,400 | $3,600 | +$1,800 (+50.0%) |
| 4BR | $6,975 | $4,400 | +$2,575 (+58.5%) |
| 4BR | $6,950 | $4,400 | +$2,550 (+58.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2025.