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 $4,250, or roughly $8 per square feet.
For the apartment units and housing in February 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $358 (-10.67%) year-over-year from $3,358 to $3,000. 1-bedroom rentals prices have increased by $58 (1.35%) year-over-year from $4,317 to $4,375. 2-bedroom rentals prices have increased by $297 (5.71%) year-over-year from $5,198 to $5,495. 3-bedroom rentals prices have increased by $149 (2.36%) year-over-year from $6,295 to $6,444. 4-bedroom rentals prices have decreased by $1,173 (-15.49%) year-over-year from $7,572 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 5.26% this month. 1-bedroom rents have gone up by 3.96% this month. 2-bedroom rents have gone up by 4.97% this month. 3-bedroom rents have gone up by 9.62% this month. 4-bedroom rents have gone up by 1.05% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $3,000 $3,358 (-10.67%) $3,029 (-0.96%)
1 BR N/A $4,375 $4,317 (1.35%) $2,917 (50.00%)
2 BR $7.06 $5,495 $5,198 (5.71%) $3,913 (40.43%)
3 BR $9.62 $6,444 $6,295 (2.36%) $5,528 (16.55%)
4+ BR N/A $6,399 $7,572 (-15.49%) $11,398 (-43.86%)

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 $4,075 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,125, is the most affordable city nearby. In contrast, the most expensive city near Little Italy, New York, NY is Westport, CT. Monthly rents here are on average $8,583 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 52.31% more expensive than other cities nearby. One bedrooms are about 34.41% more expensive. Two bedrooms in Little Italy, New York, NY are about 36.31% more expensive. Finally, rent for three bedrooms are about 21.62% 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 $1,900 $2,300 $2,700 $2,798
Stamford, CT $2,125 $2,295 $3,000 $3,000
White Plains, NY $2,100 $2,675 $3,500 $3,250
Long Beach, NY $1,995 $2,700 $3,500 $3,500
Glen Cove, NY $2,550 $3,200 $3,600 $3,550
Oakhurst, NJ N/A N/A N/A $3,950
Long Branch, NJ N/A $3,350 $3,925 $4,200
New York, NY $3,467 $4,250 $5,400 $4,280
New Rochelle, NY $2,709 $3,100 $4,479 $4,354
Harrison, NY $2,695 $2,970 $4,093 $4,500

Top Neighborhoods Near Little Italy

There are a total of 53 neighborhoods in or near Little Italy. Some of these neighborhoods include Bowery, Clinton Hill, 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 $4,400 per month. A total of 24 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $4,400. Interestingly, the neighborhoods' average rent is higher than Little Italy's average rent, which is only $4,250. Out of all the neighborhoods in or near Little Italy, East Side has the most affordable average rent at $2,201 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 $3,450 $4,195 $3,450
Clinton Hill, New York, NY $3,300 $3,995 $4,995 $4,147
Murray Hill, New York, NY $3,400 $4,573 $6,500 $4,150
Fort Greene, New York, NY $3,500 $4,595 $4,550 $4,250
Prospect Heights, New York, NY $3,625 $4,395 $6,002 $4,305
East Village, New York, NY $2,800 $3,795 $4,595 $4,400
Park Slope, New York, NY $4,100 $3,600 $4,400 $4,400
Financial District, New York, NY $3,525 $4,569 $6,467 $4,400
Downtown Brooklyn, New York, NY $3,383 $4,301 $5,926 $4,400
Kips Bay, New York, NY $3,788 $3,995 $5,365 $4,580
Midtown South, New York, NY $3,955 $4,850 $7,426 $4,590
NoLita, New York, NY N/A $4,695 $5,695 $4,695
Brooklyn Heights, New York, NY $3,572 $4,390 $11,250 $4,800
Hudson Yards, New York, NY $3,750 $4,795 $7,075 $4,800
Williamsburg, New York, NY $3,889 $4,717 $5,600 $4,862
Greenpoint, New York, NY $3,613 $4,445 $6,000 $4,985
Midtown East, New York, NY $3,500 $4,550 $6,075 $4,995
Lower East Side, New York, NY $3,100 $3,204 $4,995 $4,995
Midtown, New York, NY $3,675 $4,629 $6,900 $5,000
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,047 $6,215 $5,120
Chelsea, New York, NY $3,950 $5,535 $7,633 $5,149
Carroll Gardens, New York, NY $2,800 $3,425 $5,500 $5,500
West Village, New York, NY $4,900 $5,500 $6,498 $5,500
Flatiron District, New York, NY $4,525 $5,600 $9,500 $5,600
Greenwich Village, New York, NY $3,498 $5,650 $7,395 $5,650
NoMad, New York, NY $4,432 $5,675 $8,778 $5,675
Gramercy Park, New York, NY $3,635 $5,593 $5,495 $5,700
Battery Park City, New York, NY $3,927 $5,260 $8,995 $6,000
SoHo, New York, NY $3,195 $5,000 $13,500 $7,500
Tribeca, New York, NY $4,510 $6,925 $8,500 $7,995

Top Counties Near Little Italy

There are a total of 53 counties located by Little Italy, New York, NY. Some of these counties include Woodbridge, NJ, Yonkers, NY, and Bronx, New York, NY. The average rent for rentals in these counties is $3,525. That's roughly around $3 per sqft. A total of 22 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,125. Vice versa, with an average rent of $8,583, Westport, CT is the most expensive county by Little Italy, New York, NY.

Typically, rent for studios in Little Italy, New York, NY is 43.08% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Little Italy, New York, NY is 37.00% more expensive than other counties nearby. Finally, rent for two bedrooms in Little Italy, New York, NY is 40.54% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Woodbridge, NJ N/A $1,875 $2,500 $2,725
Yonkers, NY $1,900 $2,300 $2,700 $2,798
Bronx, New York, NY $2,200 $2,575 $3,095 $3,005
Queens, New York, NY $2,890 $2,900 $3,360 $3,268
Long Beach, NY $1,995 $2,700 $3,500 $3,500
Hempstead, NY $2,000 $2,595 $3,175 $3,500
Brooklyn, New York, NY $3,450 $3,800 $4,200 $3,879
New Rochelle, NY $2,709 $3,100 $4,479 $4,354
North Hempstead, NY $2,500 $2,925 $3,913 $4,538
Manhattan, New York, NY $3,500 $4,495 $5,895 $4,595

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 $3,250. 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 10035, New York, NY at $2,977 per month. In comparison, the zipcode with the most expensive average rent of $4,650 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $2,748. 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 $2,900 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,650 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 $3,343 $4,999 $8,025 $4,650
10128, New York, NY $3,350 $4,000 $5,620 $3,800
10035, New York, NY $2,299 $2,822 $3,150 $2,977
11375, New York, NY $2,748 $2,900 $3,650 $3,250
10463, New York, NY $2,600 $2,665 $3,400 $3,200

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 $4,250. 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 37 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 $4,250 and an average price per square feet of $0. There are a total of 26 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 $5,495 and an average price per square feet of $7.06. There are a total of 39 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 -0.11%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.02% 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 $3,400/month. You can search for these reasonably priced rental listings on RentHop.
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