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 $3,525 for a studio rental to $8,245 for a 4-bedroom rental. The median price of all currently available listings is $4,279, or roughly $7 per square feet.

For the apartment units and housing in January 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $152 (4.40%) year-over-year from $3,443 to $3,595. 1-bedroom rentals prices have increased by $89 (1.97%) year-over-year from $4,529 to $4,618. 2-bedroom rentals prices have increased by $62 (0.98%) year-over-year from $6,308 to $6,369. 3-bedroom rentals prices have increased by $480 (6.65%) year-over-year from $7,215 to $7,695. 4-bedroom rentals prices have increased by $35 (0.46%) year-over-year from $7,565 to $7,600. 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 up by 2.28% this month. 1-bedroom rents have gone up by 1.13% this month. 2-bedroom rents have gone up by 0.77% this month. 3-bedroom rents have gone up by 5.19% this month. 4-bedroom rents have gone up by 1.00% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$6.82	$3,595	$3,443 (4.40%)	$3,257 (10.39%)
1 BR	$6.77	$4,618	$4,529 (1.97%)	$4,170 (10.74%)
2 BR	$6.60	$6,369	$6,308 (0.98%)	$5,682 (12.10%)
3 BR	$6.66	$7,695	$7,215 (6.65%)	$6,989 (10.11%)
4+ BR	$5.37	$7,600	$7,565 (0.46%)	$7,068 (7.52%)

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 17 cities nearby Financial District. The average rent in Financial District is currently $3,500 per month. A total of 12 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Financial District, New York, NY is Ocean Beach, NY. Monthly rents here are on average $8,500 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 57.45% more expensive than other cities nearby. One bedrooms are about 41.30% more expensive. Two bedrooms in Financial District, New York, NY are about 44.42% more expensive. Finally, rent for three bedrooms are about 44.17% more expensive. Want more information? Check out the top 10 cities out of 17 total cities near Financial District, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Yonkers, NY	$1,850	$2,200	$2,638	$2,650
Asbury Park, NJ	$1,888	$2,300	$3,230	$3,150
White Plains, NY	$1,950	$2,690	$3,550	$3,498
Long Beach, NY	$2,000	$2,700	$3,500	$3,500
Glen Cove, NY	$2,550	$3,200	$3,600	$3,500
Ocean Grove, NJ	$1,500	$3,050	$2,750	$3,500
Oakhurst, NJ	N/A	N/A	N/A	$3,800
Long Branch, NJ	N/A	$3,000	$3,700	$4,000
New York, NY	$3,425	$4,199	$5,295	$4,250
Harrison, NY	$2,775	$3,053	$4,203	$4,469

Top Neighborhoods Near Financial District

There are a total of 57 neighborhoods in or near Financial District. Some of these neighborhoods include Boerum Hill, Murray Hill, and Bowery. We've included the top 30 neighborhoods out of 57 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 $4,269 per month. A total of 29 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Financial District, Brooklawn - St. Vincent has the most affordable average rent at $1,800 per month. Whereas, at $9,925 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
Boerum Hill, New York, NY	$3,437	$3,850	$6,395	$3,970
Murray Hill, New York, NY	$3,350	$4,300	$6,650	$4,000
Bowery, New York, NY	$2,800	$3,450	$4,995	$4,102
Little Italy, New York, NY	$3,250	$4,250	$5,463	$4,250
Fort Greene, New York, NY	$3,548	$4,250	$5,044	$4,250
Clinton Hill, New York, NY	$3,213	$3,995	$5,059	$4,269
Park Slope, New York, NY	$2,950	$3,500	$4,300	$4,300
Downtown Brooklyn, New York, NY	$3,468	$4,250	$5,818	$4,331
Prospect Heights, New York, NY	$3,570	$4,395	$5,000	$4,333
Kips Bay, New York, NY	$3,645	$3,995	$5,450	$4,495
East Village, New York, NY	$2,700	$3,695	$4,495	$4,495
Midtown South, New York, NY	$3,955	$4,700	$8,295	$4,500
Lower East Side, New York, NY	$3,413	$3,400	$4,595	$4,625
Greenpoint, New York, NY	$3,668	$4,365	$5,800	$4,650
NoLita, New York, NY	N/A	$4,498	$5,495	$4,695
Hudson Yards, New York, NY	$3,500	$4,565	$6,863	$4,795
Williamsburg, New York, NY	$3,722	$4,600	$5,400	$4,850
Midtown, New York, NY	$3,675	$4,466	$7,400	$5,000
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$5,027	$6,015	$5,097
Chelsea, New York, NY	$3,910	$5,543	$7,524	$5,256
West Village, New York, NY	$4,600	$5,448	$8,900	$5,383
Carroll Gardens, New York, NY	$2,825	$3,650	$5,500	$5,500
Flatiron District, New York, NY	$4,650	$5,650	$10,748	$5,650
Gramercy Park, New York, NY	$3,750	$5,500	$5,925	$5,700
Greenwich Village, New York, NY	$4,000	$5,700	$7,270	$5,700
NoMad, New York, NY	$4,444	$5,674	$8,742	$5,768
Battery Park City, New York, NY	$5,100	$5,016	$7,998	$6,200
Brooklyn Heights, New York, NY	$3,400	$4,280	$8,649	$6,330
Tribeca, New York, NY	$4,510	$6,779	$8,898	$7,862
SoHo, New York, NY	$3,398	$5,000	$12,995	$9,925

Top Counties Near Financial District

There are a total of 57 counties located by Financial District, New York, NY. Some of these counties include Yonkers, NY, Woodbridge, NJ, and Edison, NJ. The average rent for rentals in these counties is $3,500. That's roughly around $3 per sqft. A total of 24 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,100. Vice versa, with an average rent of $8,500, 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 46.45% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Financial District, New York, NY is 43.48% more expensive than other counties nearby. Finally, rent for two bedrooms in Financial District, New York, NY is 46.77% 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	$1,850	$2,200	$2,638	$2,650
Woodbridge, NJ	N/A	$1,950	$2,500	$2,775
Edison, NJ	N/A	$2,000	$2,500	$2,900
Bronx, New York, NY	$2,200	$2,575	$3,035	$3,000
Queens, New York, NY	$2,926	$2,900	$3,400	$3,264
Long Beach, NY	$2,000	$2,700	$3,500	$3,500
Hempstead, NY	$2,000	$2,548	$3,200	$3,540
Brooklyn, New York, NY	$3,428	$3,600	$4,200	$3,800
North Hempstead, NY	N/A	$2,850	$4,050	$4,538
Manhattan, New York, NY	$3,488	$4,495	$5,995	$4,550

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 $3,659. 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 $2,976 per month. In comparison, the zipcode with the most expensive average rent of $5,100 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $2,865. 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 $3,723 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,530 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	$3,600	$4,459	$6,462	$5,065
10023, New York, NY	$3,000	$5,000	$7,983	$5,100
10128, New York, NY	$3,350	$4,200	$5,410	$3,995
10035, New York, NY	$2,299	$2,786	$3,000	$2,976
11375, New York, NY	$2,730	$3,245	$3,650	$3,323
10463, New York, NY	$2,600	$2,685	$3,289	$3,125

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 $4,279. 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 $3,525 and an average price per square feet of $6.82. There are a total of 500 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 $4,600 and an average price per square feet of $6.77. There are a total of 447 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 $6,388 and an average price per square feet of $6.60. There are a total of 192 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 0.04%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.07% 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 $3,423/month. You can search for these reasonably priced rental listings on RentHop.