Average Rent in Lower East Side, New York, NY

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Current Versus Historical Lower East Side, New York, NY Rents

Lower East Side rentals average $4,307 for a studio rental to $12,945 for a 4-bedroom rental. The median price of all currently available listings is $5,995, or roughly $96 per square feet.
For the apartment units and housing in August 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $599 (15.78%) year-over-year from $3,798 to $4,397. 1-bedroom rentals prices have increased by $65 (1.47%) year-over-year from $4,430 to $4,495. 2-bedroom rentals prices have increased by $365 (6.48%) year-over-year from $5,630 to $5,995. 3-bedroom rentals prices have increased by $533 (7.15%) year-over-year from $7,462 to $7,995. 4-bedroom rentals prices have increased by $3,492 (36.76%) year-over-year from $9,498 to $12,990. 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 2.51% this month. 1-bedroom rents have gone down by 2.18% this month. 2-bedroom rents have gone up by 1.41% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 11.41% this month.
Beds
Price / Sqft
Aug 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $86.90 $4,397 $3,798 (15.78%) $3,582 (22.76%)
1 BR $102.57 $4,495 $4,430 (1.47%) $3,881 (15.81%)
2 BR $92.37 $5,995 $5,630 (6.48%) $4,658 (28.72%)
3 BR $111.46 $7,995 $7,462 (7.15%) $5,715 (39.90%)
4+ BR $94.24 $12,990 $9,498 (36.76%) $8,228 (57.87%)

Historical Rents in Lower East Side, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Lower East Side

There are a total of 25 cities nearby Lower East Side. The average rent in Lower East Side is currently $3,050 per month. A total of 22 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,049, is the most affordable city nearby. In contrast, the most expensive city near Lower East Side, New York, NY is Westport, CT. Monthly rents here are on average $8,975 per month.

Let's compare Lower East Side, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Lower East Side, New York, NY is 52.40% more expensive than other cities nearby. One bedrooms are about 43.27% more expensive. Two bedrooms in Lower East Side, New York, NY are about 43.33% more expensive. Finally, rent for three bedrooms are about 52.78% more expensive. Want more information? Check out the top 10 cities out of 25 total cities near Lower East Side, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,550 $1,500 $1,900 $2,099
Kearny, NJ N/A $1,750 $2,125 $2,100
Jersey City, NJ $2,907 $2,700 $2,200 $2,400
Garfield, NJ $1,550 $1,800 $2,250 $2,400
Bayonne, NJ $2,250 $2,595 $3,400 $2,550
Yonkers, NY $1,900 $2,350 $2,550 $2,600
Fort Lee, NJ $1,500 $2,250 $3,398 $3,000
Cliffside Park, NJ N/A $2,125 $2,700 $3,050
Palisades Park, NJ $1,850 $1,975 $2,800 $3,300
New York, NY $3,900 $4,670 $6,138 $4,895

Top Neighborhoods Near Lower East Side

There are a total of 71 neighborhoods in or near Lower East Side. Some of these neighborhoods include Clinton Hill, Downtown Brooklyn, and Long Island City. We've included the top 30 neighborhoods out of 71 total neighborhoods in or near Lower East Side, New York, NY in the following table.

The average rent for these 30 neighborhoods in or near Lower East Side, New York, NY is currently around $4,575 per month. A total of 59 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Lower East Side's average rent, which is actually $5,995. Out of all the neighborhoods in or near Lower East Side, East Side has the most affordable average rent at $2,000 per month. Whereas, at $8,000 average rent per month, Ocean Beach is the most expensive neighborhood in or near Lower East Side. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Clinton Hill, New York, NY $3,550 $4,030 $5,995 $4,295
Downtown Brooklyn, New York, NY $3,595 $4,376 $6,450 $4,437
Long Island City, New York, NY $3,694 $4,530 $6,753 $4,536
Fort Greene, New York, NY $3,579 $4,575 $6,795 $4,575
Boerum Hill, New York, NY $3,915 $4,180 $5,975 $4,640
Greenpoint, New York, NY $3,645 $4,600 $7,000 $4,660
NoHo, New York, NY $4,750 $4,600 $12,000 $4,750
Midtown South, New York, NY $3,800 $5,100 $7,946 $4,750
Murray Hill, New York, NY $4,050 $5,075 $7,995 $4,871
Brooklyn Heights, New York, NY $4,050 $5,000 $6,894 $4,979
Williamsburg, New York, NY $4,105 $5,042 $5,816 $5,090
Financial District, New York, NY $4,180 $5,353 $7,200 $5,151
NoLita, New York, NY $2,100 $4,995 $7,995 $5,495
Kips Bay, New York, NY $3,935 $4,650 $6,000 $5,500
Stuyvesant Town - Peter Cooper Village, New York, NY $5,250 $5,387 $6,225 $5,579
East Village, New York, NY $4,100 $4,295 $6,200 $5,600
Bowery, New York, NY $3,299 $3,999 $6,125 $5,698
Battery Park City, New York, NY $4,062 $5,350 $7,490 $5,746
Two Bridges, New York, NY N/A $5,295 $8,750 $5,995
Chelsea, New York, NY $4,525 $5,995 $9,700 $6,000
Carroll Gardens, New York, NY $3,050 $4,154 $6,000 $6,000
West Village, New York, NY $4,800 $5,850 $7,000 $6,225
NoMad, New York, NY $4,558 $5,995 $7,995 $6,250
Greenwich Village, New York, NY $4,975 $6,595 $8,255 $6,300
DUMBO, New York, NY $5,010 $5,292 $7,711 $6,504
Flatiron District, New York, NY $4,850 $6,600 $10,210 $6,600
Gramercy Park, New York, NY $4,800 $6,248 $6,470 $6,800
SoHo, New York, NY $4,250 $5,495 $10,700 $7,600
Little Italy, New York, NY $3,598 $3,700 $3,899 $7,995
Tribeca, New York, NY $6,499 $7,313 $8,295 $8,000

Top Counties Near Lower East Side

There are a total of 37 counties located by Lower East Side, New York, NY. Some of these counties include Newark, NJ, Kearny, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,150. That's roughly around $39 per sqft. A total of 37 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,049. Vice versa, with an average rent of $5,395, Manhattan, New York, NY is the most expensive county by Lower East Side, New York, NY.

Typically, rent for studios in Lower East Side, New York, NY is 53.91% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Lower East Side, New York, NY is 44.22% more expensive than other counties nearby. Finally, rent for two bedrooms in Lower East Side, New York, NY is 45.79% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Newark, NJ $2,550 $1,500 $1,900 $2,099
Kearny, NJ N/A $1,750 $2,125 $2,100
Jersey City, NJ $2,907 $2,700 $2,200 $2,400
Bayonne, NJ $2,250 $2,595 $3,400 $2,550
Fort Lee, NJ $1,500 $2,250 $3,398 $3,000
Cliffside Park, NJ N/A $2,125 $2,700 $3,050
Palisades Park, NJ $1,850 $1,975 $2,800 $3,300
Queens, New York, NY $3,525 $3,719 $4,395 $3,775
Brooklyn, New York, NY $3,585 $4,124 $4,995 $4,200
Manhattan, New York, NY $4,050 $5,170 $7,000 $5,395

Top Zipcodes Near Lower East Side

There are a total of 50 zipcodes in or near Lower East Side, New York, NY. The average rent for all of these zipcodes is $4,898. A total of 44 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11213, New York, NY at $3,250 per month. In comparison, the zipcode with the most expensive average rent of $8,095 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,730. That's at least $92 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lower East Side, New York, NY is $4,597 per month. Or in other words, $89 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,849 per month. Which comes out to $84 per sqft. The following table includes the top 10 zipcodes in Lower East Side, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10002, New York, NY $4,195 $4,495 $6,295 $5,995
10009, New York, NY $3,350 $4,395 $5,995 $5,625
10012, New York, NY $3,750 $4,995 $7,598 $5,495
10003, New York, NY $4,350 $5,600 $6,995 $5,900
10038, New York, NY $4,028 $5,530 $7,180 $5,450
10007, New York, NY $6,499 $7,499 $10,500 $7,995
10013, New York, NY $4,335 $6,623 $8,295 $8,095
11211, New York, NY $4,154 $5,200 $6,795 $5,295
10005, New York, NY $4,211 $5,165 $7,600 $4,875
11205, New York, NY $3,361 $3,754 $4,759 $4,295

Frequently Asked Questions - Lower East Side Average Rents

What is the average rent price in Lower East Side, New York, NY?
The average monthly rental price for Lower East Side, New York, NY apartments for rent is approximately $5,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Lower East Side, 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 Lower East Side, New York, NY.
How much is a studio apartment in Lower East Side, New York, NY?
The average monthly rental price for studio apartments is $4,307 and an average price per square feet of $86.90. There are a total of 54 studio apartment listings currently available for rent in Lower East Side.
How much is a one bedroom apartment in Lower East Side, New York, NY?
The average monthly rental price for one bedroom apartments is $4,495 and an average price per square feet of $102.57. There are a total of 125 one bedroom apartment listings currently available for rent in Lower East Side.
How much is a two bedroom apartment in Lower East Side, New York, NY?
The average monthly rental price for two bedroom apartments is $5,995 and an average price per square feet of $92.37. There are a total of 141 two bedroom apartment listings currently available for rent in Lower East Side.
How have rent prices in Lower East Side, New York, NY changed this year?
Rent prices for rentals in Lower East Side, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.16%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.06%, three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in Lower East Side, New York, NY?
A reasonable rent price in Lower East Side, New York, NY is around $4,796/month. You can search for these reasonably priced rental listings on RentHop.