Two Bedroom Apartments in the Financial District

The Financial District has a massive supply of apartments for rent, giving renters plenty of options relative to other neighborhoods. Prices of two bedroom apartments in the Financial District range widely, starting as low as $2500 per month all the way up to $10,000 per month. The median price in the neighborhood is about $5000. Rental apartments in the Financial District tend to offer better value than other neighborhoods as they have more space, new kitchens/bathrooms/finishes, and full amenities like elevator, doorman, shared roof decks and in-building gyms.

The typical renter of a two bedroom apartment in the Financial District often falls into two categories: recent college grads sharing an apartment and young families. The neighborhood appeals to recent college graduates that work in the financial sector and are a bit uneasy about the low bang-for-your-buck that Manhattan living provides. Rather than moving into a cramped, old, walk-up apartment in the West Village and paying too much for it, recent college graduates like the Financial District because it has significantly less sticker shock and the layouts are bigger and the buildings are nicer.

If you still think the Financial District is a bit too pricey, there are a few ways to get creative about reducing your rent. Since apartments in the neighborhood are large, consider converting a one bedroom into a two bedroom by dividing your living room into another bedroom. Similarly, you should also consider modifying a two bedroom into a three bedroom and bringing in another roommate. However, make sure you ask the landlord about installing a temporary wall before signing your lease.

If you fall into the young family category, two bedroom apartments in the Financial District are a great fit for you. The neighborhood's full-service buildings have all of the features that make living with small children in NYC manageable: doormen, elevators and washer/dryers. In addition, the neighborhood is quiet and therefore should allow you and your kids to sleep. Alternatively, if you really want to live close to the Financial District but feel like you want a neighborhood with more charm, you should also consider living in a Brooklyn Heights apartment. Brooklyn Heights is extremely close to the Financial District (just across the river in Brooklyn), has great subway access to the Financial District and is a beautiful, charming and quiet neighborhood that is great for kids.