New York City renters have plenty of options when determining where they want to rent. There are numerous neighborhoods amongst the five boroughs, each with individual characteristics that appeal to various people and living situations. In Manhattan, renters can choose to live in Nolita, otherwise known as “northern Little Italy.” This small neighborhood sits near plenty of well-known areas like SoHo, the Lower East Side, and Chinatown, but it has a distinct personality of its own. Within the neighborhood, there are numerous Nolita NYC apartments for rent throughout the year, though there are more options during the busy summer season.
Where is Nolita?
As the name suggests, Nolita sits directly north of Little Italy, a downtown Manhattan neighborhood. Nolita rests several blocks from Washington Square Park, and visitors can get off the subway at Spring Street, Bowery, or Broadway-Laffayette to access the area. Nolita only encompasses around 15 blocks, making it a petite neighborhood in the bustling Manhattan landscape. However, this area holds some treasures, making it exciting for locals and visitors.
Nolita Hot Spots
When most people think of shopping in New York City, they think of SoHo. But Nolita is Soho’s smaller competitor, focusing on tiny stores with small local businesses. After pursuing the larger retailers and well-known designers in SoHo, avid shoppers should consider Nolita’s charming boutiques to find unique pieces.
Ready to visit Nolita? Consider visiting the following spots:
- Elizabeth Street Garden – A unique public park including statues, benches, and events.
- Little Cupcake Bakeshop – Home to the award winning Brooklyn Blackout cake. Consider trying a cake slice or cupcake!
- The Meadow – A Portland-based shop with a NYC location selling chocolate, salt, flowers, and bitters. A must-see for any food enthusiast.
Cost of Living in Nolita NYC
Nolita is an expensive neighborhood, where the average rent at a given time trends higher than the average rent in New York City. Currently, the average NYC rent is $4,246, but the average rent in Nolita is $4,595.
Nolita currently does not have available studio apartments, but renters can choose between one, two, and three-bedroom apartments throughout the neighborhood. The neighborhood hosts a higher concentration of one-bedroom apartments, making it appealing for singles or couples.
Many units reside in pre-war buildings that boast charming features like exposed brick and plenty of windows. However, these units also undergo renovations, meaning they include modern finishes like stainless steel appliances, and even in-unit laundry. The buildings themselves remain on the shorter side, and even new construction buildings do not stretch to high levels. Those looking to rent in the area will pay more than the average Manhattan renter, but experience a sought-after combination of pre and post-war finishes.
Nolita Living
Prospective renters interested in living in Nolita will live among a younger population compared to the rest of the city. Residents across the neighborhood have a median age of 34, and the median household income is $101,815. Therefore, this neighborhood can be appealing to younger renters with higher-paying jobs.
Additionally, many people in the area rent instead of own. Those who wish to buy property in Nolita will compete for a smaller quantity of for-sale units. There are 5x as many rental listings than sale listings at the moment.
Nolita Apartments for Rent
Renters currently looking for apartments can consider the following apartments for rent in Nolita, NYC.
227 Mulberry Street #2B
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Location: 227 Mulberry Street #2B
Price: $5,595
Size: 1 Bed/ Flex 2, 1 Bath
Roommates, small families, or those looking for an at-home office can consider this flex two-bedroom Nolita apartment. The unit receives plenty of natural light through the oversized windows, and includes hardwood floors. Renters will find white appliances, a dishwasher, and white cabinets in the separate kitchen. They can then access their private outdoor space off of the living room, featuring plenty of room for furniture. Throughout the full-service building, tenants will also appreciate building amenities like an elevator, doorman, and laundry facilities.
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262 Mott Street #312
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Location: 262 Mott Street #312
Price: $8,990
Size: 2 Bed, 1 Bath
Those looking for a show-stopping unit can end their apartment search here. This 1,000 square foot two-bedroom apartment features plenty of exposed wood across the floors, ceilings, and structural beams. Additionally, the unit welcomes tons of natural light and boasts exposed brick. This is a sought-after unit for someone who craves historic properties. The Nolita apartment includes other amenities like in-unit laundry and a storage room.
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354 Broome Street #3E
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Location: 354 Broome Street #3E
Price: $5,825
Size: 1 Bed, 1 Bath
Need plenty of space to spread out? This one-bedroom unit features a large floorplan spanning 1,029 square feet. Renters will appreciate the loft style, providing a separate entry gallery and a separate kitchen. Throughout the unit, tenants will find brand new floors and recessed lighting. The bedroom also boasts a dressing area. This building also impresses with amenities like a 24-hour doorman, laundry on teh floor, and a planted common courtyard.
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35 Spring Street
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Location: 35 Spring Street
Price: $37,500
Size: 3 Bed, 3 Bath
This unit comes at a steep price, but is still exciting to marvel over. The three-bedroom townhouse spans 19 feet wide, and also includes a home office, private outdoor space, and additional room for recreational use. Throughout the unit, tenants can expect top-of-the line finishes like in-unit laundry, rich hardwood floors, and an oversized skylight. Renters can also access plenty of storage throughout the unit.
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Conclusion
Those looking to live in a trendy downtown neighborhood can consider renting in Nolita. While small, the area features plenty of notable shops, dining, and entertainment. Renters in this area pay a bit more than the average New York City renter, but in return, can access renovated pre-war apartments that also boast modern appliances and amenities. There are numerous Nolita apartments for rent at a given time, providing renters with numerous opportunities to find an attractive unit. Even during the slower winter season, there are still over 100 rental opportunities in this smaller area north of Little Italy.
