Financial District, Manhattan, NY Rental Market Trends
Last updated: October 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Financial District is $6,015, a 14.21% increase compared to the previous year, when the average rent was $5,267.
Studio Apartments at $4,379 offer the most budget-friendly option with 504 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 721 square feet for $6,019, balancing privacy and affordability.
Two-bedroom units at $9,077 offer 1,076 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,525 sq ft) for $11,977, suitable for larger households.
Average rent in Financial District, Manhattan, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $6,015 | 710 sq. ft. |
| Studio | $4,379 | 504 sq. ft. |
| 1 Bed | $6,019 | 721 sq. ft. |
| 2 Beds | $9,077 | 1,076 sq. ft. |
| 3 Beds | $11,977 | 1,525 sq. ft. |
Financial District, Manhattan, NY rent trends
Rental prices in Financial District, Manhattan, NY have increased by 14.21% over the past year. The average rent moved from $5,267 to $6,015.
Do most people rent or own in Financial District, Manhattan, NY?
10,946 or 75% of the households in Financial District, Manhattan, NY are renter-occupied while 3,577 or 25% are owner-occupied.
Most affordable neighborhoods in Financial District?
Inwood $2,276/month
Washington Heights $3,211/month
East Harlem $3,465/month
All of these neighborhoods fall below the city wide average of $5,795/month.Most expensive neighborhoods in Financial District?
Greenwich Village $6,761/month
Flatiron District $7,093/month
Sutton Place $7,413/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Manhattan, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Sutton Place | $7,413 |
| Flatiron District | $7,093 |
| Greenwich Village | $6,761 |
| Central Midtown | $6,588 |
| Lincoln Square | $6,573 |
| NoMad | $6,572 |
| TriBeCa | $6,506 |
| Lenox Hill | $6,448 |
| NoHo | $6,410 |
| Upper West Side | $6,244 |
| Lower East Side | $6,086 |
| Murray Hill | $6,036 |
| Financial District | $6,015 |
| NoLIta | $5,998 |
| Battery Park City | $5,979 |
| Manhattan Valley | $5,939 |
| East Village | $5,917 |
| Chelsea | $5,907 |
| Yorkville | $5,803 |
| Kips Bay | $5,684 |
| Turtle Bay | $5,649 |
| West Village | $5,642 |
| Clinton - Hell's Kitchen | $5,485 |
| Carnegie Hill | $5,448 |
| Gramercy Park | $5,400 |
| Theatre District - Times Square | $5,306 |
| Koreatown | $4,816 |
| Garment District | $4,745 |
| Civic Center | $4,639 |
| Morningside Heights | $4,377 |
| Roosevelt Island | $4,201 |
| Harlem | $3,844 |
| East Harlem | $3,465 |
| Washington Heights | $3,211 |
| Inwood | $2,276 |
Manhattan | Rent Comparison by Neighborhood
Rent in Financial District is 1% higher than in Battery Park City
Financial District rent is the same as Manhattan average
Battery Park City rent is 1% lower than Manhattan average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Financial District apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.