Average Rent in Financial District, New York, NY

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Current Versus Historical Financial District, New York, NY Rents

Financial District rentals average $3,450 for a studio rental to $7,398 for a 4-bedroom rental. The median price of all currently available listings is $4,254, or roughly $7 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $17 (-0.47%) year-over-year from $3,517 to $3,500. 1-bedroom rentals prices have increased by $50 (1.10%) year-over-year from $4,535 to $4,585. 2-bedroom rentals prices have decreased by $228 (-3.46%) year-over-year from $6,608 to $6,380. 3-bedroom rentals prices have decreased by $93 (-1.25%) year-over-year from $7,443 to $7,350. 4-bedroom rentals prices have decreased by $167 (-2.11%) year-over-year from $7,917 to $7,750. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.71% this month. 1-bedroom rents have gone down by 1.50% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 2.17% this month. 4-bedroom rents have gone down by 1.69% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$7.24	$3,500	$3,517 (-0.47%)	$3,140 (11.45%)
1 BR	$6.77	$4,585	$4,535 (1.10%)	$4,081 (12.35%)
2 BR	$6.37	$6,380	$6,608 (-3.46%)	$5,875 (8.60%)
3 BR	$5.73	$7,350	$7,443 (-1.25%)	$7,426 (-1.03%)
4+ BR	$5.81	$7,750	$7,917 (-2.11%)	$7,900 (-1.90%)

Historical Rents in Financial District, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Financial District

There are a total of 19 cities nearby Financial District. The average rent in Financial District is currently $3,450 per month. A total of 15 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near Financial District, New York, NY is Spring Lake, NJ. Monthly rents here are on average $9,500 per month.

Let's compare Financial District, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Financial District, New York, NY is 53.62% more expensive than other cities nearby. One bedrooms are about 50.40% more expensive. Two bedrooms in Financial District, New York, NY are about 53.54% more expensive. Finally, rent for three bedrooms are about 42.69% more expensive. Want more information? Check out the top 10 cities out of 19 total cities near Financial District, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
West Babylon, NY	N/A	$2,395	$2,825	$2,500
Asbury Park, NJ	$1,650	$2,150	$2,800	$2,700
Yonkers, NY	$2,100	$2,200	$2,800	$2,775
Ocean Grove, NJ	$1,625	$1,900	$2,500	$3,100
White Plains, NY	$2,275	$2,650	$3,800	$3,400
Long Beach, NY	$1,925	$2,600	$3,200	$3,450
New Rochelle, NY	$2,413	$2,875	$3,500	$3,500
Long Branch, NJ	N/A	$3,000	$3,725	$3,800
New York, NY	$3,440	$4,175	$5,000	$4,200
Harrison, NY	$2,635	$2,930	$4,108	$4,219

Top Neighborhoods Near Financial District

There are a total of 58 neighborhoods in or near Financial District. Some of these neighborhoods include Bowery, Murray Hill, and NoHo. We've included the top 30 neighborhoods out of 58 total neighborhoods in or near Financial District, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Financial District, New York, NY is currently around $4,293 per month. A total of 28 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $4,293. Interestingly, the neighborhoods' average rent is higher than Financial District's average rent, which is only $4,254. Out of all the neighborhoods in or near Financial District, East Side has the most affordable average rent at $2,250 per month. Whereas, at $9,995 average rent per month, SoHo is the most expensive neighborhood in or near Financial District. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Bowery, New York, NY	$2,800	$3,500	$4,750	$3,500
Murray Hill, New York, NY	$3,425	$4,150	$6,500	$3,994
NoHo, New York, NY	$4,000	$4,495	$14,750	$4,150
Fort Greene, New York, NY	$3,600	$4,250	$4,200	$4,150
Clinton Hill, New York, NY	$2,825	$3,838	$5,124	$4,185
Downtown Brooklyn, New York, NY	$3,438	$4,195	$5,818	$4,285
Park Slope, New York, NY	$3,475	$3,495	$4,500	$4,300
Prospect Heights, New York, NY	$3,565	$4,485	$6,009	$4,350
NoLita, New York, NY	$9,943	$3,900	$5,495	$4,495
East Village, New York, NY	$2,995	$3,795	$4,495	$4,495
Kips Bay, New York, NY	$3,595	$4,250	$5,470	$4,500
Boerum Hill, New York, NY	$3,620	$3,850	$5,750	$4,625
Midtown South, New York, NY	$3,550	$4,995	$5,498	$4,699
Brooklyn Heights, New York, NY	$3,300	$4,250	$7,850	$4,747
Williamsburg, New York, NY	$3,813	$4,583	$5,000	$4,750
Greenwich Village, New York, NY	$4,100	$5,525	$7,900	$4,850
Lower East Side, New York, NY	$3,497	$4,300	$4,765	$4,990
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$4,924	$6,015	$5,042
West Village, New York, NY	$3,695	$5,200	$6,750	$5,100
Greenpoint, New York, NY	$3,300	$4,257	$5,328	$5,175
Carroll Gardens, New York, NY	N/A	$3,650	$5,499	$5,195
Little Italy, New York, NY	$3,275	$4,500	$4,850	$5,295
Gramercy Park, New York, NY	$3,693	$5,515	$4,995	$5,300
Chelsea, New York, NY	$3,925	$5,595	$8,073	$5,350
NoMad, New York, NY	$4,339	$5,680	$8,225	$5,721
DUMBO, New York, NY	$3,600	$4,950	$6,850	$5,795
Flatiron District, New York, NY	$4,300	$5,800	$9,631	$5,800
Battery Park City, New York, NY	$3,952	$4,605	$8,520	$5,995
Tribeca, New York, NY	$4,695	$5,891	$8,570	$8,000
SoHo, New York, NY	$3,400	$5,248	$13,500	$9,995

Top Counties Near Financial District

There are a total of 58 counties located by Financial District, New York, NY. Some of these counties include Yonkers, NY, Edison, NJ, and Bronx, New York, NY. The average rent for rentals in these counties is $3,413. That's roughly around $3 per sqft. A total of 29 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,000. Vice versa, with an average rent of $9,500, Spring Lake, NJ is the most expensive county by Financial District, New York, NY.

Typically, rent for studios in Financial District, New York, NY is 50.72% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Financial District, New York, NY is 44.44% more expensive than other counties nearby. Finally, rent for two bedrooms in Financial District, New York, NY is 50.20% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Yonkers, NY	$2,100	$2,200	$2,800	$2,775
Edison, NJ	N/A	$2,150	$2,600	$2,825
Bronx, New York, NY	$1,995	$2,575	$3,175	$3,060
Queens, New York, NY	$2,850	$2,795	$3,450	$3,285
Long Beach, NY	$1,925	$2,600	$3,200	$3,450
New Rochelle, NY	$2,413	$2,875	$3,500	$3,500
Hempstead, NY	$2,000	$2,500	$3,030	$3,500
Brooklyn, New York, NY	$3,361	$3,689	$4,199	$3,858
Manhattan, New York, NY	$3,471	$4,350	$5,650	$4,495
North Hempstead, NY	$3,000	$2,573	$4,000	$4,500

Top Zipcodes Near Financial District

There are a total of 6 zipcodes in or near Financial District, New York, NY. The average rent for all of these zipcodes is $3,575. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10035, New York, NY at $2,850 per month. In comparison, the zipcode with the most expensive average rent of $4,823 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $3,003. That's at least $6 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Financial District, New York, NY is $3,563 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,283 per month. Which comes out to $5 per sqft. The following chart includes the top 6 zipcodes in Financial District, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10280, New York, NY	$3,812	$4,500	$6,429	$4,595
10023, New York, NY	$3,400	$5,083	$8,295	$4,823
10128, New York, NY	$3,350	$4,150	$5,115	$4,000
10035, New York, NY	$2,299	$2,550	$3,100	$2,850
11375, New York, NY	$2,655	$2,975	$3,450	$3,150
10463, New York, NY	$2,198	$2,708	$3,350	$2,990

Frequently Asked Questions - Financial District Average Rents

What is the average rent price in Financial District, New York, NY?

The average monthly rental price for Financial District, New York, NY apartments for rent is approximately $4,254. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Financial District, New York, NY rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Financial District, New York, NY.

How much is a studio apartment in Financial District, New York, NY?

The average monthly rental price for studio apartments is $3,450 and an average price per square feet of $7.24. There are a total of 572 studio apartment listings currently available for rent in Financial District.

How much is a one bedroom apartment in Financial District, New York, NY?

The average monthly rental price for one bedroom apartments is $4,500 and an average price per square feet of $6.77. There are a total of 503 one bedroom apartment listings currently available for rent in Financial District.

How much is a two bedroom apartment in Financial District, New York, NY?

The average monthly rental price for two bedroom apartments is $6,350 and an average price per square feet of $6.37. There are a total of 229 two bedroom apartment listings currently available for rent in Financial District.

How have rent prices in Financial District, New York, NY changed this year?

Rent prices for rentals in Financial District, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by -0.01% year-over-year.

What is a reasonable rent price in Financial District, New York, NY?

A reasonable rent price in Financial District, New York, NY is around $3,403/month. You can search for these reasonably priced rental listings on RentHop.