My 2025 grad got paid $32/hr for her real estate finance internship at a large bank. Friends of hers who interned in CIB at the same bank were paid slightly more. Luckily the internship was in our city so she could live at home and put everything in her bank account.
She was also offered a similar internship at a NYC RE firm, but the hourly pay was mid-$20’s with no housing stipend. I know there are some parents who would happily pay for the housing, we are not one of them, especially NYC prices.