Monthly Rent Report
Financial District Rent Report — April 2025
Asking rents in ZIP 10038, New York City, from 515 listings.
Median 1BR rent in Financial District was $6,808 in April 2025, up 37.5% (+$1,858) from March 2025 and up 50.0% year-over-year. The middle half of 1BR listings asked between $6,335 and $8,111. That puts Financial District $4,224 above the New York City citywide 1BR median of $2,584. The month's figures are based on 515 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2025 | Vs. April 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,925 | +$75 (+1.9%) | $0 (0.0%) | $3,500 – $4,502 | 89 |
| Studio | $4,538 | +$688 (+17.9%) | +$613 (+15.6%) | $4,502 – $4,574 | 2 |
| 1BR | $6,808 | +$1,858 (+37.5%) | +$2,270 (+50.0%) | $6,335 – $8,111 | 6 |
| 1BR | $4,800 | −$150 (-3.0%) | +$263 (+5.8%) | $3,549 – $5,750 | 180 |
| 2BR | $9,485 | +$4,335 (+84.2%) | +$3,685 (+63.5%) | $9,453 – $9,510 | 3 |
| 2BR | $4,800 | −$350 (-6.8%) | −$1,000 (-17.2%) | $3,800 – $6,850 | 150 |
| 3BR | $8,211 | +$2,964 (+56.5%) | −$4,289 (-34.3%) | $8,211 – $8,211 | 1 |
| 3BR | $5,405 | +$158 (+3.0%) | −$7,095 (-56.8%) | $4,643 – $6,516 | 67 |
| 4BR | $8,195 | +$1,245 (+17.9%) | +$1,098 (+15.5%) | $8,195 – $8,195 | 1 |
| 4BR | $6,998 | +$48 (+0.7%) | −$100 (-1.4%) | $6,499 – $7,775 | 16 |
Median, P25, and P75 are asking rents from listings posted in April 2025. Changes compare against the nearest prior month with data.
Financial District vs. New York City — April 2025
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,925 | $2,725 | +$1,201 (+44.1%) |
| Studio | $4,538 | $2,725 | +$1,814 (+66.6%) |
| 1BR | $6,808 | $2,584 | +$4,224 (+163.4%) |
| 1BR | $4,800 | $2,584 | +$2,216 (+85.8%) |
| 2BR | $9,485 | $3,050 | +$6,435 (+211.0%) |
| 2BR | $4,800 | $3,050 | +$1,750 (+57.4%) |
| 3BR | $8,211 | $3,600 | +$4,611 (+128.1%) |
| 3BR | $5,405 | $3,600 | +$1,805 (+50.1%) |
| 4BR | $8,195 | $4,499 | +$3,696 (+82.2%) |
| 4BR | $6,998 | $4,499 | +$2,499 (+55.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in April 2025.