118 E 7th St
118 E 7th St,
New York, NY 10009
$7,995 | 4 Beds
Lower East Side
New York, NY
Lower East Side - New York, NY
Area Guide
Eclectic Manhattan neighborhood regarded for its thriving nightlife
Urban
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Eclectic
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Upscale
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Hip
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Growing
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Vibrant
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The Lower East Side, sometimes shortened to “LES,” is a vibrant neighborhood situated alongside the East River in Manhattan’s southeastern stretches. The Lower East Side is best known for its bustling nightlife scene anchored by an eclectic array of trendy bars and lounges. The neighborhood also contains a bevy of boutiques, cafes, independent shops, and restaurants.
The rental offerings in LES are just as diverse as its welcoming community. Lower East Side apartments range from renovated pre-war walk-ups to new luxury high-rises. LES is also home to exciting music venues like Bowery Ballroom and Rockwood Music Hall as well as scenic parks like John V. Lindsay East River Park and Sara D. Roosevelt Park. This longstanding Manhattan neighborhood honors the past while acknowledging its effect on the present with its famous Tenement Museum, where residents and visitors alike can learn more about the rich history of the immigrant and migrant experience in the Lower East Side.
Rent Trends
As of March 2025, the average apartment rent in Lower East Side is $3,926 for a studio, $4,226 for one bedroom, $4,622 for two bedrooms, and $5,051 for three bedrooms. Apartment rent in Lower East Side has increased by 3.2% in the past year.
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Studio
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468 sq ft
Average Sq Ft
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$3,926/month
Average Rent
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1 BR
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473 sq ft
Average Sq Ft
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$4,226/month
Average Rent
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2 BR
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633 sq ft
Average Sq Ft
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$4,622/month
Average Rent
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3 BR
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753 sq ft
Average Sq Ft
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$5,051/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- Tompkins Square Park
- East River Park
- Merchant's House Museum
- City Hall Park
- Washington Square Park
Transit / Subway
Commuter Rail
Military Bases
Airports
- Laguardia
- Newark Liberty International
Top Apartments in Lower East Side
Houses for Rent in Lower East Side
Property Management Companies
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.