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 $3,670 for a studio rental to $7,600 for a 4-bedroom rental. The median price of all currently available listings is $4,295, or roughly $7 per square feet.
For the apartment units and housing in March 2025, median rents have risen over the last year. Studio rentals prices have increased by $233 (6.64%) year-over-year from $3,517 to $3,750. 1-bedroom rentals prices have increased by $274 (6.08%) year-over-year from $4,515 to $4,789. 2-bedroom rentals prices have increased by $176 (2.78%) year-over-year from $6,324 to $6,500. 3-bedroom rentals prices have increased by $62 (0.84%) year-over-year from $7,409 to $7,471. 4-bedroom rentals prices have decreased by $591 (-7.30%) year-over-year from $8,091 to $7,500. 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 2.83% this month. 1-bedroom rents have gone up by 2.16% this month. 2-bedroom rents have gone up by 2.11% this month. 3-bedroom rents have gone up by 4.04% this month. 4-bedroom rents have gone up by 2.02% this month.
Beds
Price / Sqft
Mar 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.86 $3,750 $3,517 (6.64%) $3,417 (9.76%)
1 BR $6.86 $4,789 $4,515 (6.08%) $4,333 (10.54%)
2 BR $6.61 $6,500 $6,324 (2.78%) $5,712 (13.80%)
3 BR $6.31 $7,471 $7,409 (0.84%) $6,822 (9.51%)
4+ BR $5.44 $7,500 $8,091 (-7.30%) $7,575 (-0.99%)

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 20 cities nearby Financial District. The average rent in Financial District is currently $4,323 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,150, is the most affordable city nearby. In contrast, the most expensive city near Financial District, New York, NY is West Long Branch, NJ. Monthly rents here are on average $29,500 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 81.95% more expensive than other cities nearby. One bedrooms are about 46.85% more expensive. Two bedrooms in Financial District, New York, NY are about 42.04% more expensive. Finally, rent for three bedrooms are about 33.66% more expensive. Want more information? Check out the top 10 cities out of 20 total cities near Financial District, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Yonkers, NY $2,050 $2,300 $3,200 $2,700
Glen Cove, NY $2,550 $3,100 $3,475 $3,373
Long Beach, NY $2,163 $2,623 $3,600 $3,850
Long Branch, NJ N/A $2,825 $3,400 $4,100
Harrison, NY $2,690 $3,070 $4,135 $4,189
New York, NY $3,525 $4,300 $5,395 $4,295
Oakhurst, NJ N/A N/A $12,500 $4,350
New Rochelle, NY $2,569 $3,150 $4,449 $4,400
Asbury Park, NJ $2,500 $2,150 $3,988 $4,500
West Long Branch, NJ N/A N/A $5,475 $29,500

Top Neighborhoods Near Financial District

There are a total of 50 neighborhoods in or near Financial District. Some of these neighborhoods include Bedford-Stuyvesant, Crown Heights, and Bowery. We've included the top 30 neighborhoods out of 50 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 $4,263 per month. A total of 25 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $4,263. Out of all the neighborhoods in or near Financial District, East Side has the most affordable average rent at $2,296 per month. Whereas, at $8,500 average rent per month, Ocean Beach is the most expensive neighborhood in or near Financial District. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bedford-Stuyvesant, New York, NY $2,700 $2,725 $3,300 $3,175
Crown Heights, New York, NY $2,800 $2,900 $3,750 $3,473
Bowery, New York, NY $2,800 $3,500 $6,495 $3,500
Park Slope, New York, NY $3,950 $3,750 $4,273 $3,998
Clinton Hill, New York, NY $3,214 $3,995 $5,200 $4,025
Murray Hill, New York, NY $3,500 $4,350 $6,245 $4,068
Prospect Heights, New York, NY $3,625 $4,111 $5,571 $4,119
Little Italy, New York, NY $3,700 $4,500 $5,750 $4,225
Fort Greene, New York, NY $3,438 $4,365 $6,398 $4,300
Gowanus, New York, NY $3,225 $4,023 $6,198 $4,338
Downtown Brooklyn, New York, NY $3,539 $4,285 $5,818 $4,359
Kips Bay, New York, NY $3,810 $3,995 $5,488 $4,490
Midtown East, New York, NY $3,450 $4,600 $5,989 $4,600
Hudson Yards, New York, NY $3,669 $4,875 $7,000 $4,700
Greenpoint, New York, NY $3,506 $4,237 $5,550 $4,782
Midtown South, New York, NY $3,800 $4,995 $7,595 $4,884
Flatiron District, New York, NY $3,950 $6,000 $9,071 $4,950
Midtown, New York, NY $3,675 $4,300 $6,794 $4,950
East Village, New York, NY $2,770 $3,995 $5,495 $5,000
Williamsburg, New York, NY $3,660 $4,875 $5,250 $5,100
Chelsea, New York, NY $4,025 $5,495 $8,073 $5,104
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,042 $6,024 $5,245
West Village, New York, NY $4,195 $5,300 $6,848 $5,300
Lower East Side, New York, NY $3,975 $4,948 $5,395 $5,395
Greenwich Village, New York, NY $4,200 $5,600 $5,500 $5,400
NoLita, New York, NY $3,950 $5,395 $6,495 $5,495
SoHo, New York, NY $3,851 $5,750 $7,795 $5,795
NoMad, New York, NY $4,464 $5,721 $8,401 $5,799
Gramercy Park, New York, NY $3,950 $4,997 $6,188 $6,000
Tribeca, New York, NY $4,650 $6,275 $7,500 $7,250

Top Counties Near Financial District

There are a total of 50 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 $3,911. That's roughly around $3 per sqft. A total of 21 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,150. 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 51.63% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Financial District, New York, NY is 44.69% more expensive than other counties nearby. Finally, rent for two bedrooms in Financial District, New York, NY is 48.05% 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 $2,050 $2,300 $3,200 $2,700
Edison, NJ N/A $1,950 $2,500 $3,000
Bronx, New York, NY $2,476 $2,650 $3,099 $3,135
Queens, New York, NY $2,895 $2,800 $3,405 $3,285
Hempstead, NY $2,050 $2,500 $3,200 $3,725
Long Beach, NY $2,163 $2,623 $3,600 $3,850
Brooklyn, New York, NY $3,401 $3,830 $4,285 $3,911
North Hempstead, NY $1,950 $2,950 $3,800 $4,150
New Rochelle, NY $2,569 $3,150 $4,449 $4,400
Manhattan, New York, NY $3,593 $4,500 $5,895 $4,572

Top Zipcodes Near Financial District

There are a total of 4 zipcodes in or near Financial District, New York, NY. The average rent for all of these zipcodes is $3,588. A total of 3 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 $2,995 per month. In comparison, the zipcode with the most expensive average rent of $4,788 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $2,899. 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 $3,613 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,258 per month. Which comes out to $6 per sqft. The following chart includes the top 4 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
10023, New York, NY $3,309 $4,995 $8,400 $4,788
10128, New York, NY $3,455 $4,225 $4,800 $3,850
10035, New York, NY $2,489 $2,725 $3,400 $2,995
11375, New York, NY $2,483 $3,000 $3,715 $3,325

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 $4,295. 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 $3,670 and an average price per square feet of $6.86. There are a total of 455 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 $4,610 and an average price per square feet of $6.86. There are a total of 310 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 $6,545 and an average price per square feet of $6.61. There are a total of 174 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 0.07%, one bedroom rental prices have changed by 0.06%, 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 $3,436/month. You can search for these reasonably priced rental listings on RentHop.
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