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 $3,250 for a studio rental to $6,399 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $6 per square feet.
For the apartment units and housing in January 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $275 (-7.97%) year-over-year from $3,450 to $3,175. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $4,000 to $4,000. 2-bedroom rentals prices have decreased by $150 (-3.00%) year-over-year from $5,000 to $4,850. 3-bedroom rentals prices have decreased by $418 (-6.84%) year-over-year from $6,113 to $5,695. 4-bedroom rentals prices have decreased by $441 (-6.45%) year-over-year from $6,840 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 down by 1.55% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 1.57% this month. 3-bedroom rents have gone up by 0.59% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $3,175 $3,450 (-7.97%) $2,926 (8.52%)
1 BR $4.29 $4,000 $4,000 (0.00%) $2,900 (37.93%)
2 BR $6.29 $4,850 $5,000 (-3.00%) $3,675 (31.98%)
3 BR $10.77 $5,695 $6,113 (-6.84%) $5,297 (7.52%)
4+ BR N/A $6,399 $6,840 (-6.45%) $13,183 (-51.46%)

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 15 cities nearby Little Italy. The average rent in Little Italy is currently $3,598 per month. A total of 12 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,150, 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 $9,500 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 51.92% more expensive than other cities nearby. One bedrooms are about 44.44% more expensive. Two bedrooms in Little Italy, New York, NY are about 24.32% more expensive. Finally, rent for three bedrooms are about 29.76% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near Little Italy, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Asbury Park, NJ $1,763 $2,200 $2,775 $2,775
Yonkers, NY $1,850 $2,125 $2,638 $2,800
Stamford, CT $2,150 $2,300 $2,978 $3,000
Long Beach, NY $1,925 $2,500 $3,500 $3,500
Ocean Grove, NJ N/A $2,750 $3,000 $3,500
White Plains, NY $2,250 $2,690 $3,600 $3,598
Long Branch, NJ N/A $3,100 $3,700 $3,899
Belmar, NJ N/A $2,875 $15,000 $3,975
New York, NY $3,471 $4,199 $5,100 $4,250
Harrison, NY $2,775 $3,015 $4,244 $4,468

Top Neighborhoods Near Little Italy

There are a total of 53 neighborhoods in or near Little Italy. Some of these neighborhoods include NoHo, Bowery, and Murray Hill. We've included the top 30 neighborhoods out of 53 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 $4,326 per month. A total of 32 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 $2,250 per month. Whereas, at $11,500 average rent per month, SoHo is the most expensive neighborhood in or near Little Italy. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
NoHo, New York, NY $3,700 $4,150 $10,275 $3,700
Bowery, New York, NY $2,800 $3,499 $4,995 $3,899
Murray Hill, New York, NY $3,350 $4,217 $6,300 $3,990
Boerum Hill, New York, NY $3,437 $3,950 $6,475 $4,000
Financial District, New York, NY $3,508 $4,426 $6,250 $4,225
Fort Greene, New York, NY $3,400 $4,300 $4,150 $4,250
Clinton Hill, New York, NY $3,050 $3,963 $4,825 $4,326
Prospect Heights, New York, NY $3,598 $4,395 $5,263 $4,350
Downtown Brooklyn, New York, NY $3,447 $4,200 $5,700 $4,438
Kips Bay, New York, NY $3,685 $4,125 $5,495 $4,495
NoLita, New York, NY N/A $3,900 $5,495 $4,495
East Village, New York, NY $2,750 $3,750 $4,495 $4,495
Midtown East, New York, NY $3,325 $4,413 $6,075 $4,550
Hudson Yards, New York, NY $3,485 $4,422 $6,495 $4,565
Lower East Side, New York, NY $3,413 $3,850 $4,595 $4,623
Brooklyn Heights, New York, NY $3,350 $4,141 $8,100 $4,657
Midtown South, New York, NY $3,973 $4,700 $7,593 $4,668
Williamsburg, New York, NY $3,828 $4,661 $5,202 $4,922
West Village, New York, NY $4,850 $5,100 $6,495 $5,000
Chelsea, New York, NY $3,813 $5,499 $7,495 $5,000
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,017 $6,032 $5,101
Greenpoint, New York, NY $3,483 $4,395 $6,024 $5,123
Midtown, New York, NY $3,655 $4,274 $6,695 $5,200
Greenwich Village, New York, NY $4,000 $5,800 $6,850 $5,400
Gramercy Park, New York, NY $3,750 $5,515 $5,160 $5,498
Flatiron District, New York, NY $4,728 $5,650 $11,495 $5,500
NoMad, New York, NY $4,407 $5,676 $8,294 $5,725
Battery Park City, New York, NY $3,975 $4,679 $8,350 $6,070
Tribeca, New York, NY $4,540 $5,846 $8,541 $7,695
SoHo, New York, NY $6,875 $4,500 $13,500 $11,500

Top Counties Near Little Italy

There are a total of 53 counties located by Little Italy, New York, NY. Some of these counties include Yonkers, NY, Edison, NJ, and Bronx, New York, NY. The average rent for rentals in these counties is $3,500. That's roughly around $3 per sqft. A total of 27 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,150. Vice versa, with an average rent of $9,500, 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 61.54% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Little Italy, New York, NY is 43.33% more expensive than other counties nearby. Finally, rent for two bedrooms in Little Italy, New York, NY is 29.19% 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 $1,850 $2,125 $2,638 $2,800
Edison, NJ N/A $2,173 $2,500 $2,850
Bronx, New York, NY $2,425 $2,575 $3,009 $3,000
Queens, New York, NY $2,855 $2,781 $3,498 $3,255
Long Beach, NY $1,925 $2,500 $3,500 $3,500
Hempstead, NY $2,000 $2,500 $3,050 $3,500
Brooklyn, New York, NY $3,415 $3,850 $4,200 $3,919
Greenburgh, NY N/A $2,600 $3,850 $4,225
Manhattan, New York, NY $3,495 $4,395 $5,800 $4,495
North Hempstead, NY N/A $2,600 $3,800 $4,500

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 $3,260. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10463, New York, NY at $2,950 per month. In comparison, the zipcode with the most expensive average rent of $5,195 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $2,680. 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 $3,240 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 $3,162 $5,070 $8,295 $5,195
10128, New York, NY $3,349 $4,200 $5,975 $3,850
10035, New York, NY $2,250 $2,695 $3,250 $2,985
11375, New York, NY $2,680 $3,240 $3,500 $3,260
10463, New York, NY $2,500 $2,680 $3,300 $2,950

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 $4,500. 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 $3,250 and an average price per square feet of $0. There are a total of 30 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 $4,500 and an average price per square feet of $4.29. There are a total of 31 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 $4,625 and an average price per square feet of $6.29. There are a total of 24 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 -0.08%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by -0.07% 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 $3,600/month. You can search for these reasonably priced rental listings on RentHop.
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