Monthly Rent Report

Financial District Rent Report — July 2025

Asking rents in ZIP 10038, New York City, from 74 listings.

Median 1BR rent in Financial District was $4,741 in July 2025, down 12.2% (−$659) from June 2025 and up 0.9% year-over-year. The middle half of 1BR listings asked between $3,875 and $4,788. That puts Financial District $2,148 above the New York City citywide 1BR median of $2,594. The month's figures are based on 74 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2025Vs. July 2024P25–P75 RangeListings
Studio$3,650−$800 (-18.0%)−$150 (-3.9%)$3,650 – $3,9233
Studio$4,697+$247 (+5.6%)+$897 (+23.6%)$4,647 – $4,7804
1BR$4,741−$659 (-12.2%)+$41 (+0.9%)$3,875 – $4,78812
1BR$5,887+$487 (+9.0%)+$1,187 (+25.3%)$5,744 – $7,1185
2BR$9,683+$1,251 (+14.8%)+$2,684 (+38.3%)$9,014 – $10,5326
2BR$6,995−$1,437 (-17.0%)−$4 (-0.1%)$5,125 – $7,16124
3BR$8,995−$5,911 (-39.7%)−$555 (-5.8%)$7,819 – $13,49515
3BR$14,775−$131 (-0.9%)+$5,225 (+54.7%)$14,608 – $14,9412
4BR$8,495+$1,345 (+18.8%)+$2,495 (+41.6%)$8,495 – $8,4951
4BR$8,495+$1,345 (+18.8%)+$2,495 (+41.6%)$8,495 – $8,4951

Median, P25, and P75 are asking rents from listings posted in July 2025. Changes compare against the nearest prior month with data.

Financial District vs. New York CityJuly 2025

BedroomsFinancial District MedianNYC Citywide MedianDifference
Studio$3,650$2,684+$966 (+36.0%)
Studio$4,697$2,684+$2,013 (+75.0%)
1BR$4,741$2,594+$2,148 (+82.8%)
1BR$5,887$2,594+$3,294 (+127.0%)
2BR$9,683$3,100+$6,583 (+212.4%)
2BR$6,995$3,100+$3,895 (+125.6%)
3BR$8,995$3,777+$5,218 (+138.2%)
3BR$14,775$3,777+$10,998 (+291.2%)
4BR$8,495$4,375+$4,120 (+94.2%)
4BR$8,495$4,375+$4,120 (+94.2%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2025.

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