Average Rent in Little Italy, New York, NY

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Current Versus Historical Little Italy, New York, NY Rents

Little Italy rentals average $3,500 for a studio rental to $6,399 for a 4-bedroom rental. The median price of all currently available listings is $5,000, or roughly $8 per square feet.
For the apartment units and housing in March 2025, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $79 (2.31%) year-over-year from $3,421 to $3,500. 1-bedroom rentals prices have decreased by $512 (-11.87%) year-over-year from $4,312 to $3,800. 2-bedroom rentals prices have decreased by $109 (-2.04%) year-over-year from $5,357 to $5,248. 3-bedroom rentals prices have increased by $532 (8.36%) year-over-year from $6,363 to $6,895. 4-bedroom rentals prices have decreased by $2,108 (-24.78%) year-over-year from $8,507 to $6,399. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 1.69% this month. 1-bedroom rents have gone down by 6.75% this month. 2-bedroom rents have gone down by 1.56% this month. 3-bedroom rents have gone up by 6.01% this month. 4-bedroom rents have gone up by 1.05% this month.
Beds
Price / Sqft
Mar 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $7.00 $3,500 $3,421 (2.31%) $3,196 (9.52%)
1 BR N/A $3,800 $4,312 (-11.87%) $3,167 (20.00%)
2 BR N/A $5,248 $5,357 (-2.04%) $3,963 (32.42%)
3 BR $8.81 $6,895 $6,363 (8.36%) $5,662 (21.78%)
4+ BR N/A $6,399 $8,507 (-24.78%) $8,296 (-22.86%)

Historical Rents in Little Italy, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Little Italy

There are a total of 20 cities nearby Little Italy. The average rent in Little Italy is currently $4,182 per month. A total of 14 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,200, is the most affordable city nearby. In contrast, the most expensive city near Little Italy, New York, NY is Spring Lake, NJ. Monthly rents here are on average $9,250 per month.

Let's compare Little Italy, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Little Italy, New York, NY is 56.43% more expensive than other cities nearby. One bedrooms are about 34.41% more expensive. Two bedrooms in Little Italy, New York, NY are about 29.00% more expensive. Finally, rent for three bedrooms are about 28.93% more expensive. Want more information? Check out the top 10 cities out of 20 total cities near Little Italy, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Yonkers, NY $2,050 $2,400 $3,148 $2,800
Stamford, CT $1,925 $2,285 $2,975 $2,850
White Plains, NY $2,050 $2,675 $3,600 $3,049
Glen Cove, NY $2,550 $3,200 $3,475 $3,345
Long Beach, NY $2,000 $2,500 $3,500 $3,600
Harrison, NY $2,690 $2,955 $4,100 $4,094
New Rochelle, NY $2,799 $3,000 $4,384 $4,269
New York, NY $3,525 $4,275 $5,495 $4,295
Oakhurst, NJ N/A N/A N/A $4,350
Long Branch, NJ N/A $3,300 $3,700 $4,800

Top Neighborhoods Near Little Italy

There are a total of 55 neighborhoods in or near Little Italy. Some of these neighborhoods include Bowery, Murray Hill, and NoHo. We've included the top 30 neighborhoods out of 55 total neighborhoods in or near Little Italy, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Little Italy, New York, NY is currently around $4,318 per month. A total of 42 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Little Italy, East Side has the most affordable average rent at $2,294 per month. Whereas, at $8,500 average rent per month, Ocean Beach is the most expensive neighborhood in or near Little Italy. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bowery, New York, NY $2,800 $3,500 $4,050 $3,499
Murray Hill, New York, NY $3,475 $4,388 $6,000 $4,002
NoHo, New York, NY $4,295 $4,150 $12,523 $4,150
Prospect Heights, New York, NY $3,600 $4,185 $5,695 $4,157
Clinton Hill, New York, NY $3,226 $3,995 $5,573 $4,250
Boerum Hill, New York, NY $3,500 $4,150 $6,395 $4,318
Fort Greene, New York, NY $3,475 $4,365 $6,268 $4,358
Financial District, New York, NY $3,625 $4,697 $6,534 $4,378
Downtown Brooklyn, New York, NY $3,503 $4,295 $5,818 $4,395
Kips Bay, New York, NY $3,785 $4,100 $5,505 $4,405
Midtown South, New York, NY $3,895 $4,950 $6,900 $4,625
East Village, New York, NY $2,978 $3,795 $5,495 $4,650
Brooklyn Heights, New York, NY $3,600 $4,321 $9,450 $4,700
Midtown East, New York, NY $3,400 $4,600 $6,200 $4,725
Greenpoint, New York, NY $3,515 $4,181 $5,500 $4,800
Hudson Yards, New York, NY $3,700 $4,653 $7,011 $4,808
Gowanus, New York, NY $3,363 $3,950 $6,248 $4,879
Williamsburg, New York, NY $3,659 $4,650 $5,250 $4,995
Midtown, New York, NY $3,696 $4,500 $6,995 $5,200
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,042 $6,032 $5,213
West Village, New York, NY $3,950 $5,300 $6,725 $5,300
Chelsea, New York, NY $3,860 $5,595 $7,700 $5,395
Greenwich Village, New York, NY $4,200 $5,650 $5,500 $5,400
Lower East Side, New York, NY $3,975 $3,995 $5,495 $5,495
NoLita, New York, NY N/A $4,995 $5,995 $5,495
Flatiron District, New York, NY $4,200 $6,000 $8,450 $5,695
NoMad, New York, NY $4,459 $5,751 $8,316 $5,866
Gramercy Park, New York, NY $4,068 $5,613 $5,925 $5,980
SoHo, New York, NY $3,400 $5,100 $11,950 $5,995
Tribeca, New York, NY $4,750 $6,144 $8,346 $7,900

Top Counties Near Little Italy

There are a total of 55 counties located by Little Italy, New York, NY. Some of these counties include Yonkers, NY, Bronx, New York, NY, and Queens, New York, NY. The average rent for rentals in these counties is $3,895. That's roughly around $3 per sqft. A total of 26 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,200. Vice versa, with an average rent of $9,250, Spring Lake, NJ is the most expensive county by Little Italy, New York, NY.

Typically, rent for studios in Little Italy, New York, NY is 43.00% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Little Italy, New York, NY is 33.81% more expensive than other counties nearby. Finally, rent for two bedrooms in Little Italy, New York, NY is 32.10% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Yonkers, NY $2,050 $2,400 $3,148 $2,800
Bronx, New York, NY $2,200 $2,600 $3,113 $3,185
Queens, New York, NY $2,767 $2,805 $3,395 $3,253
Glen Cove, NY $2,550 $3,200 $3,475 $3,345
Long Beach, NY $2,000 $2,500 $3,500 $3,600
Hempstead, NY $2,075 $2,500 $3,300 $3,600
Brooklyn, New York, NY $3,401 $3,795 $4,300 $3,895
North Hempstead, NY $2,500 $3,210 $3,838 $4,250
New Rochelle, NY $2,799 $3,000 $4,384 $4,269
Manhattan, New York, NY $3,595 $4,500 $5,995 $4,600

Top Zipcodes Near Little Italy

There are a total of 5 zipcodes in or near Little Italy, New York, NY. The average rent for all of these zipcodes is $3,300. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11375, New York, NY at $2,972 per month. In comparison, the zipcode with the most expensive average rent of $4,850 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $2,531. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Little Italy, New York, NY is $2,750 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,500 per month. Which comes out to $4 per sqft. The following chart includes the top 5 zipcodes in Little Italy, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10023, New York, NY $3,283 $4,995 $8,500 $4,850
10128, New York, NY $3,387 $4,250 $5,743 $4,000
10035, New York, NY $2,531 $2,750 $3,400 $3,200
11375, New York, NY $2,475 $2,600 $3,500 $2,972
10463, New York, NY N/A $2,680 $3,450 $3,300

Frequently Asked Questions - Little Italy Average Rents

What is the average rent price in Little Italy, New York, NY?
The average monthly rental price for Little Italy, New York, NY apartments for rent is approximately $5,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Little Italy, New York, NY rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Little Italy, New York, NY.
How much is a studio apartment in Little Italy, New York, NY?
The average monthly rental price for studio apartments is $3,500 and an average price per square feet of $7.00. There are a total of 10 studio apartment listings currently available for rent in Little Italy.
How much is a one bedroom apartment in Little Italy, New York, NY?
The average monthly rental price for one bedroom apartments is $4,000 and an average price per square feet of $0. There are a total of 24 one bedroom apartment listings currently available for rent in Little Italy.
How much is a two bedroom apartment in Little Italy, New York, NY?
The average monthly rental price for two bedroom apartments is $5,000 and an average price per square feet of $0. There are a total of 13 two bedroom apartment listings currently available for rent in Little Italy.
How have rent prices in Little Italy, New York, NY changed this year?
Rent prices for rentals in Little Italy, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in Little Italy, New York, NY?
A reasonable rent price in Little Italy, New York, NY is around $4,000/month. You can search for these reasonably priced rental listings on RentHop.
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