Cheap Apartments for Rent in the NoLita Neighborhood of New York, NY from $1,600 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the NoLita area of New York.
New York's Best Affordable Neighborhoods
Learn about New York and the best places to live with original content written by our Local Expert Joshua Carlucci
NoLita, New York, NY Local Guide

How much does it cost to rent an apartment in NoLita?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
NoLita 1 Bedroom Apartments | $4,842 | $3,800 | $6,850 |
NoLita 2 Bedroom Apartments | $5,366 | $3,295 | $7,090 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the NoLita Neighborhood of New York, NY.
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Best Value Apartments for Rent in NoLita, NY
As of March 22, 2025 the best value apartment in the NoLita area is the $7.97 price per square foot 20 Prince St Model at 20 Prince St, Unit FL2-ID905 in the in the Downtown neighborhood starting from $5,180. The second greatest value NoLita apartment is the 277 Mott St Model at 277 Mott St, Unit 1R starting at $3,950 with a $9.04 price per square foot in the NoHo neighborhood. Here is today’s list of the best values for NoLita apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
20 Prince St, Unit FL2-ID905 | 20 Prince St | 2BR,1BA | $7.97 |
277 Mott St, Unit 1R | 277 Mott St | 1BR,1BA | $9.04 |
Getting Around the NoLita Neighborhood in New York, NY
Walk Score®
100 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
95 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap NoLita Apartments
How much is rent for a Cheap One Bedroom NoLita Apartment?
The lowest price for a Cheap One Bedroom NoLita Apartment is $3,800 at .
What is the lowest price for a Cheap Two Bedroom NoLita Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in NoLita is starting from $3,295 at .
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The 10 Best Affordable Neighborhoods for Renting in New York City
Written by: Joshua Carlucci
New York City is the city that never sleeps, but it’s also the city that’s often synonymous with sky-high rents and steep living costs. That said, if you’re like many of us at ApartmentHomeLiving.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.