Financial District, Manhattan, NY Rental Market Trends
Last updated: May 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Financial District is $5,957, a 10.01% increase compared to the previous year, when the average rent was $5,414.
Studio Apartments at $4,219 offer the most budget-friendly option with 514 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 743 square feet for $6,076, balancing privacy and affordability.
Two-beedroom units at $8,316 offer 1,027 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 | $5,957 | 736 sq. ft. |
| Studio | $4,219 | 514 sq. ft. |
| 1 Bed | $6,076 | 743 sq. ft. |
| 2 Beds | $8,316 | 1,027 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 10.01% over the past year. The average rent moved from $5,414 to $5,957.
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?
Marble Hill $1,895/month
Harlem $2,050/month
Inwood $2,276/month
All of these neighborhoods fall below the city wide average of $5,345/month.Most expensive neighborhoods in Financial District?
NoMad $6,692/month
NoLIta $6,954/month
Flatiron District $7,093/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Manhattan, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Flatiron District | $7,093 |
| NoLIta | $6,954 |
| NoMad | $6,692 |
| TriBeCa | $6,506 |
| NoHo | $6,410 |
| Lincoln Square | $6,351 |
| Lower East Side | $6,301 |
| Sutton Place | $6,199 |
| Central Midtown | $6,045 |
| Chelsea | $5,934 |
| Battery Park City | $5,841 |
| Lenox Hill | $5,773 |
| Kips Bay | $5,772 |
| Financial District | $5,707 |
| East Village | $5,606 |
| Turtle Bay | $5,597 |
| Murray Hill | $5,457 |
| West Village | $5,422 |
| Clinton - Hell's Kitchen | $5,384 |
| Manhattan Valley | $5,364 |
| Theatre District - Times Square | $5,322 |
| Carnegie Hill | $5,256 |
| Greenwich Village | $5,100 |
| Yorkville | $5,079 |
| Roosevelt Island | $4,774 |
| Garment District | $4,745 |
| Civic Center | $4,639 |
| Upper West Side | $4,383 |
| Morningside Heights | $4,377 |
| Gramercy Park | $4,158 |
| East Harlem | $3,757 |
| Washington Heights | $3,211 |
| Inwood | $2,276 |
| Harlem | $2,050 |
| Marble Hill | $1,895 |
Manhattan | Rent Comparison by Neighborhood
Rent in Financial District is 2% lower than in Battery Park City
Financial District rent is 4% lower than Manhattan average
Battery Park City rent is 2% 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.