Nolita Market Trends

Nolita, sometimes written as NoLIta, and deriving from "NOrth of Little ITAly" is a neighborhood in the borough of Manhattan in New York City. Nolita is bounded on the north by Houston Street, on the east by the Bowery, on the south roughly by Broome Street, and on the west by Lafayette Street. It lies east of SoHo, south of NoHo, west of the Lower East Side, and north of Little Italy and Chinatown.

Currently, the average rents in this neighborhood are approximately:

Bedrooms Average Rent
Studios $3,500
1 bedroom $3,457
2 bedrooms $4,720
3 bedrooms $6,996
Listing Price Bed/Bath

If you're looking for Nolita apartments on Craigslist but don't want to pay a broker fee, a good place to start your apartment search is Nolita no fee apartment guide.