325 E 5th St
325 E 5th St,
New York, NY 10003
$4,490 | 1 Bed
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.
As of April 2025, the average apartment rent in Lower East Side is $3,939 for a studio, $4,235 for one bedroom, $4,634 for two bedrooms, and $5,048 for three bedrooms. Apartment rent in Lower East Side has increased by 2.6% in the past year.
Studio
468 sq ft
Average Sq Ft
$3,939/month
Average Rent
1 BR
507 sq ft
Average Sq Ft
$4,235/month
Average Rent
2 BR
638 sq ft
Average Sq Ft
$4,634/month
Average Rent
3 BR
761 sq ft
Average Sq Ft
$5,048/month
Average Rent
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† 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.