Average Rent in NoLita, New York, NY

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Current Versus Historical NoLita, New York, NY Rents

NoLita rentals average $3,595 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $4,495, or roughly $9 per square feet.
For the apartment units and housing in March 2024, median rents have risen over the last year. Studio rentals prices have increased by $132 (3.91%) year-over-year from $3,363 to $3,495. 1-bedroom rentals prices have increased by $233 (5.48%) year-over-year from $4,262 to $4,495. 2-bedroom rentals prices have decreased by $187 (-3.67%) year-over-year from $5,082 to $4,895. 3-bedroom rentals prices have decreased by $1,000 (-14.30%) year-over-year from $6,995 to $5,995. 4-bedroom rentals prices have decreased by $26,033 (-82.56%) year-over-year from $31,533 to $5,500. 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 0.00% this month. 1-bedroom rents have gone up by 0.75% this month. 2-bedroom rents have gone down by 10.43% this month. 3-bedroom rents have gone up by 3.42% this month. 4-bedroom rents have gone down by 68.33% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $3,495 $3,363 (3.91%) $2,405 (45.34%)
1 BR $8.63 $4,495 $4,262 (5.48%) $2,881 (56.04%)
2 BR N/A $4,895 $5,082 (-3.67%) $3,656 (33.88%)
3 BR N/A $5,995 $6,995 (-14.30%) $5,857 (2.35%)

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 35 cities nearby NoLita. The average rent in NoLita is currently $3,150 per month. A total of 26 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near NoLita, New York, NY is Sea Girt, NJ. Monthly rents here are on average $17,000 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 56.88% more expensive than other cities nearby. One bedrooms are about 49.39% more expensive. Two bedrooms in NoLita, New York, NY are about 37.06% more expensive. Finally, rent for three bedrooms are about 33.28% more expensive. Want more information? Check out the top 10 cities out of 35 total cities near NoLita, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Bayonne, NJ N/A $2,054 $2,250 $2,250
Newark, NJ $2,250 $2,097 $2,100 $2,300
West New York, NJ N/A $2,413 $2,650 $2,600
Jersey City, NJ $2,595 $2,600 $2,655 $2,750
Union City, NJ $1,900 $2,300 $2,850 $2,800
Fort Lee, NJ $1,550 $2,813 $3,295 $3,098
Cliffside Park, NJ N/A $1,975 $3,500 $3,150
Hoboken, NJ $3,250 $3,050 $4,200 $3,550
Edgewater, NJ N/A $2,700 $3,700 $3,800
New York, NY $3,450 $4,150 $4,999 $4,250

Top Neighborhoods Near NoLita

There are a total of 51 neighborhoods in or near NoLita. Some of these neighborhoods include The Heights, Bowery, and Clinton Hill. We've included the top 30 neighborhoods out of 51 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 $4,101 per month. A total of 33 neighborhoods have a lower average rent. Out of all the neighborhoods in or near NoLita, The Heights has the most affordable average rent at $2,750 per month. Whereas, at $8,125 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
The Heights, Jersey City, NJ N/A $2,250 $2,700 $2,750
Bowery, New York, NY $2,600 $3,499 $4,000 $3,499
Clinton Hill, New York, NY $3,075 $3,325 $4,519 $3,575
The Waterfront, Jersey City, NJ $3,000 $3,500 $4,507 $3,664
Little Italy, New York, NY $3,000 $4,550 $4,000 $3,885
Long Island City, New York, NY $3,323 $3,900 $5,600 $3,900
Downtown Brooklyn, New York, NY $3,425 $4,150 $5,733 $4,101
Lower East Side, New York, NY $3,500 $3,495 $4,495 $4,295
Murray Hill, New York, NY $3,500 $4,000 $6,455 $4,295
Prospect Heights, New York, NY $3,495 $4,375 $6,140 $4,300
Midtown East, New York, NY $3,200 $4,295 $5,725 $4,325
Financial District, New York, NY $3,497 $4,390 $6,115 $4,333
Kips Bay, New York, NY $3,780 $3,925 $4,995 $4,405
East Village, New York, NY $2,625 $3,495 $4,495 $4,495
Hell's Kitchen, New York, NY $3,500 $4,250 $5,867 $4,500
Midtown, New York, NY $3,270 $4,475 $6,800 $4,575
Flatiron District, New York, NY $3,650 $5,600 $5,150 $4,650
Williamsburg, New York, NY $3,679 $4,088 $4,550 $4,650
Hudson Yards, New York, NY $3,715 $4,535 $6,672 $4,790
Greenwich Village, New York, NY $4,052 $5,095 $5,088 $4,850
Battery Park City, New York, NY $3,500 $4,250 $6,250 $4,970
Midtown South, New York, NY $3,495 $4,988 $7,473 $4,995
Chelsea, New York, NY $3,996 $5,078 $7,502 $5,000
Greenpoint, New York, NY $3,550 $4,500 $6,013 $5,064
West Village, New York, NY $4,475 $4,898 $5,400 $5,250
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,037 $6,054 $5,395
NoMad, New York, NY $4,365 $5,486 $8,123 $5,662
Gramercy Park, New York, NY $3,815 $5,086 $5,469 $6,275
Tribeca, New York, NY $4,500 $5,710 $7,345 $6,824
SoHo, New York, NY $3,300 $4,850 $12,500 $7,725

Top Counties Near NoLita

There are a total of 51 counties located by NoLita, New York, NY. Some of these counties include Bayonne, NJ, Newark, NJ, and West New York, NJ. The average rent for rentals in these counties is $3,414. That's roughly around $3 per sqft. A total of 34 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,000. Vice versa, with an average rent of $15,000, Westport, CT is the most expensive county by NoLita, New York, NY.

Typically, rent for studios in NoLita, New York, NY is 52.71% more expensive than other counties nearby. In comparison, rent for one bedroom listings in NoLita, New York, NY is 45.91% more expensive than other counties nearby. Finally, rent for two bedrooms in NoLita, New York, NY is 35.84% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Bayonne, NJ N/A $2,054 $2,250 $2,250
Newark, NJ $2,250 $2,097 $2,100 $2,300
West New York, NJ N/A $2,413 $2,650 $2,600
Jersey City, NJ $2,595 $2,600 $2,655 $2,750
North Bergen, NJ N/A $2,050 $2,800 $2,914
Fort Lee, NJ $1,550 $2,813 $3,295 $3,098
Cliffside Park, NJ N/A $1,975 $3,500 $3,150
Hoboken, NJ $3,250 $3,050 $4,200 $3,550
Brooklyn, New York, NY $3,450 $3,861 $3,850 $3,799
Manhattan, New York, NY $3,495 $4,290 $5,492 $4,469

Top Zipcodes Near NoLita

There are a total of 50 zipcodes in or near NoLita, New York, NY. The average rent for all of these zipcodes is $4,317. A total of 32 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 $2,800 per month. In comparison, the zipcode with the most expensive average rent of $9,950 per month is 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,200. That's at least $7 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 $3,990 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,370 per month. Which comes out to $6 per sqft. The following chart includes the top 10 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
10012, New York, NY $3,545 $4,395 $4,895 $4,495
10013, New York, NY $3,595 $5,200 $8,170 $5,695
10002, New York, NY $2,500 $3,495 $4,495 $4,295
10003, New York, NY $3,650 $4,775 $4,850 $5,300
10007, New York, NY $4,500 $5,999 $7,800 $6,790
10009, New York, NY $2,625 $3,495 $4,495 $4,395
10038, New York, NY $3,438 $4,365 $6,346 $4,355
10014, New York, NY $4,750 $5,200 $5,400 $5,400
10005, New York, NY $3,525 $4,432 $5,821 $4,334
10010, New York, NY $3,650 $4,035 $5,393 $4,995

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 $4,495. 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 $3,595 and an average price per square feet of $0. There are a total of 26 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 $4,495 and an average price per square feet of $8.63. There are a total of 120 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 $4,895 and an average price per square feet of $0. There are a total of 55 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 0.04%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by -0.04%, and three bedroom rental prices have changed by -0.14% 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 $3,596/month. You can search for these reasonably priced rental listings on RentHop.
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