Average Rent in NoLita, New York, NY

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Current Versus Historical NoLita, New York, NY Rents

NoLita rentals average $0 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $5,495, or roughly $7 per square feet.
For the apartment units and housing in March 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $302 (8.33%) year-over-year from $3,621 to $3,923. 1-bedroom rentals prices have increased by $800 (17.80%) year-over-year from $4,495 to $5,295. 2-bedroom rentals prices have increased by $1,715 (33.11%) year-over-year from $5,180 to $6,895. 3-bedroom rentals prices have increased by $1,137 (18.75%) year-over-year from $6,063 to $7,200. 4-bedroom rentals prices have increased by $26,200 (67.53%) year-over-year from $38,800 to $65,000. 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 8.78% this month. 1-bedroom rents have gone up by 9.67% this month. 2-bedroom rents have gone up by 14.38% this month. 3-bedroom rents have gone down by 2.69% this month. 4-bedroom rents have gone up by 18.25% this month.
Beds
Price / Sqft
Mar 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $4.85 $5,295 $4,495 (17.80%) $3,947 (34.16%)
2 BR N/A $6,895 $5,180 (33.11%) $4,994 (38.06%)
3 BR $6.73 $7,200 $6,063 (18.75%) $6,630 (8.60%)

Historical Rents in NoLita, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near NoLita

There are a total of 20 cities nearby NoLita. The average rent in NoLita is currently $4,182 per month. A total of 15 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 NoLita, New York, NY is Spring Lake, NJ. Monthly rents here are on average $9,250 per month.

Let's compare NoLita, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in NoLita, New York, NY is inf% more affordable than other cities nearby. One bedrooms are about 47.47% more expensive. Two bedrooms in NoLita, New York, NY are about 40.78% more expensive. Finally, rent for three bedrooms are about 27.84% more expensive. Want more information? Check out the top 10 cities out of 20 total cities near NoLita, 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 NoLita

There are a total of 55 neighborhoods in or near NoLita. 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 NoLita, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near NoLita, New York, NY is currently around $4,318 per month. A total of 49 neighborhoods have a lower average rent. Out of all the neighborhoods in or near NoLita, 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 NoLita. 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
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
Hell's Kitchen, New York, NY $3,546 $4,146 $6,123 $4,450
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
Little Italy, New York, NY $3,500 $4,000 $5,000 $5,000
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
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 NoLita

There are a total of 55 counties located by NoLita, 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 27 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,200. Vice versa, with an average rent of $9,250, Spring Lake, NJ is the most expensive county by NoLita, New York, NY.

Typically, rent for studios in NoLita, New York, NY is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in NoLita, New York, NY is 47.00% more expensive than other counties nearby. Finally, rent for two bedrooms in NoLita, New York, NY is 43.37% 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 NoLita

There are a total of 5 zipcodes in or near NoLita, 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 NoLita, 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 NoLita, 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 - NoLita Average Rents

What is the average rent price in NoLita, New York, NY?
The average monthly rental price for NoLita, New York, NY apartments for rent is approximately $5,495. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do NoLita, 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 NoLita, New York, NY.
How much is a studio apartment in NoLita, New York, NY?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in NoLita.
How much is a one bedroom apartment in NoLita, New York, NY?
The average monthly rental price for one bedroom apartments is $4,995 and an average price per square feet of $4.85. There are a total of 136 one bedroom apartment listings currently available for rent in NoLita.
How much is a two bedroom apartment in NoLita, New York, NY?
The average monthly rental price for two bedroom apartments is $5,995 and an average price per square feet of $0. There are a total of 22 two bedroom apartment listings currently available for rent in NoLita.
How have rent prices in NoLita, New York, NY changed this year?
Rent prices for rentals in NoLita, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.08%, one bedroom rental prices have changed by 0.18%, two bedroom rental prices have changed by 0.33%, and three bedroom rental prices have changed by 0.19% year-over-year.
What is a reasonable rent price in NoLita, New York, NY?
A reasonable rent price in NoLita, New York, NY is around $4,396/month. You can search for these reasonably priced rental listings on RentHop.
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