Monthly Rent Report
Financial District Rent Report — August 2025
Asking rents in ZIP 10038, New York City, from 914 listings.
Median 1BR rent in Financial District was $5,153 in August 2025, down 12.5% (−$734) from July 2025 and down 1.8% year-over-year. The middle half of 1BR listings asked between $4,300 and $5,933. That puts Financial District $2,453 above the New York City citywide 1BR median of $2,700. The month's figures are based on 914 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2025 | Vs. August 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,098 | −$599 (-12.8%) | +$752 (+22.5%) | $3,615 – $4,550 | 204 |
| Studio | $4,535 | −$162 (-3.4%) | +$1,189 (+35.5%) | $4,489 – $4,579 | 4 |
| 1BR | $5,153 | −$734 (-12.5%) | −$96 (-1.8%) | $4,300 – $5,933 | 329 |
| 1BR | $5,844 | −$43 (-0.7%) | +$595 (+11.3%) | $5,562 – $6,094 | 4 |
| 2BR | $6,250 | −$3,433 (-35.5%) | −$1,040 (-14.3%) | $6,050 – $6,450 | 2 |
| 2BR | $7,450 | −$2,233 (-23.1%) | +$160 (+2.2%) | $7,450 – $7,450 | 1 |
| 2BR | $4,900 | −$4,783 (-49.4%) | −$2,390 (-32.8%) | $3,800 – $7,350 | 211 |
| 3BR | $5,700 | −$3,295 (-36.6%) | −$3,095 (-35.2%) | $4,750 – $6,515 | 111 |
| 3BR | $15,072 | +$6,077 (+67.6%) | +$6,277 (+71.4%) | $15,072 – $15,072 | 1 |
| 4BR | $7,650 | −$845 (-9.9%) | −$5,350 (-41.2%) | $7,075 – $8,045 | 40 |
| 4BR | $7,495 | −$1,000 (-11.8%) | −$5,505 (-42.3%) | $7,495 – $7,495 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2025. Changes compare against the nearest prior month with data.
Financial District vs. New York City — August 2025
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,098 | $2,800 | +$1,298 (+46.4%) |
| Studio | $4,535 | $2,800 | +$1,735 (+62.0%) |
| 1BR | $5,153 | $2,700 | +$2,453 (+90.9%) |
| 1BR | $5,844 | $2,700 | +$3,144 (+116.4%) |
| 2BR | $6,250 | $3,200 | +$3,050 (+95.3%) |
| 2BR | $7,450 | $3,200 | +$4,250 (+132.8%) |
| 2BR | $4,900 | $3,200 | +$1,700 (+53.1%) |
| 3BR | $5,700 | $3,763 | +$1,938 (+51.5%) |
| 3BR | $15,072 | $3,763 | +$11,310 (+300.6%) |
| 4BR | $7,650 | $4,600 | +$3,050 (+66.3%) |
| 4BR | $7,495 | $4,600 | +$2,895 (+62.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2025.