Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Financial District area can be challenging. Home prices in Financial District are now at a median cost of $1,165,618, higher than the Manhattan average of $1,017,878.
The average cost of rent is $2,746/mo in Financial District, primarily driven by the current value of real estate in the Financial District area. While nearly 50.19% of residents own their homes outright in Financial District, 65.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Financial District is $13,906 per month. Households that rent pay about 19.75% of their income on rent here. Financial District's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Battery Park, Manhattan, NY: higher priced homes
- Tribeca, Manhattan, NY: higher priced homes
- Chinatown, Manhattan, NY: less expensive homes
- Little Italy, Manhattan, NY: less expensive homes
- Brooklyn Heights, Brooklyn, NY: equally priced homes
- Lower East Side, Manhattan, NY: less expensive homes
- Soho, Manhattan, NY: higher priced homes
- Dumbo, Brooklyn, NY: equally priced homes
- Cobble Hill, Brooklyn, NY: higher priced homes
- Columbia Street Waterfront District, Brooklyn, NY: higher priced homes
Neighborhoods with Similar Populations
- Beacon Hill, Seattle, WA: less expensive homes
- Woodhaven, Queens, NY: less expensive homes
- Brighton Park, Chicago, IL: less expensive homes
- Westland, Galloway, OH: less expensive homes
- Brea-Olinda, Brea, CA: less expensive homes
- Berryessa, San Jose, CA: less expensive homes
- Wheaton-Glenmont, Wheaton, MD: less expensive homes
- Bay Area, Corpus Christi, TX: less expensive homes
- Avondale, Chicago, IL: less expensive homes
- Almaden Valley, San Jose, CA: higher priced homes
All Local Stats
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