Monthly Rent Report
Financial District Rent Report — June 2025
Asking rents in ZIP 10038, New York City, from 42 listings.
Median 1BR rent in Financial District was $5,796 in June 2025, down 9.4% (−$601) from May 2025 and up 24.6% year-over-year. The middle half of 1BR listings asked between $5,796 and $5,796. That puts Financial District $3,196 above the New York City citywide 1BR median of $2,600. The month's figures are based on 42 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2025 | Vs. June 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,450 | +$437 (+10.9%) | +$160 (+3.7%) | $4,355 – $4,545 | 2 |
| 1BR | $5,796 | −$601 (-9.4%) | +$1,146 (+24.6%) | $5,796 – $5,796 | 1 |
| 1BR | $5,400 | −$997 (-15.6%) | +$750 (+16.1%) | $4,513 – $6,250 | 6 |
| 2BR | $8,432 | −$785 (-8.5%) | +$1,182 (+16.3%) | $8,432 – $8,432 | 1 |
| 2BR | $14,995 | +$5,778 (+62.7%) | +$7,745 (+106.8%) | $10,500 – $14,995 | 7 |
| 3BR | $14,906 | +$7,931 (+113.7%) | +$9,906 (+198.1%) | $14,906 – $14,906 | 1 |
| 3BR | $13,490 | +$6,515 (+93.4%) | +$8,490 (+169.8%) | $13,490 – $13,743 | 3 |
| 4BR | $7,150 | +$355 (+5.2%) | +$1,150 (+19.2%) | $6,863 – $7,850 | 19 |
Median, P25, and P75 are asking rents from listings posted in June 2025. Changes compare against the nearest prior month with data.
Financial District vs. New York City — June 2025
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,450 | $2,697 | +$1,753 (+65.0%) |
| 1BR | $5,796 | $2,600 | +$3,196 (+122.9%) |
| 1BR | $5,400 | $2,600 | +$2,800 (+107.7%) |
| 2BR | $8,432 | $3,225 | +$5,207 (+161.5%) |
| 2BR | $14,995 | $3,225 | +$11,770 (+365.0%) |
| 3BR | $14,906 | $3,760 | +$11,146 (+296.4%) |
| 3BR | $13,490 | $3,760 | +$9,730 (+258.8%) |
| 4BR | $7,150 | $4,600 | +$2,550 (+55.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2025.