Little Italy, New York County, NY

Median Home Price Price

$1,328,876 $1.3M

Median Monthly Rent Rent

$3,189 $3.2K

35.0x

Market Snapshot

Little Italy, New York County, NY is a neighborhood market with a median home price of $1,328,876, a median monthly rent of $3,189, a GRM of 35.0x, and a price-to-rent ratio of 34.7.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

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01 Hamilton Heights, New York County, NY
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Rent $1.8K
GRM 25.0x
03 Hell's Kitchen, New York County, NY
Nearby alternative Higher GRM Lower price Lower rent Rent momentum
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Price $940.2K
Rent $2K
GRM 39.0x
Explore the data
Region Show
Battery Park
$1.10M $4.1K 22.0x
Hamilton Heights
$541K $1.8K 25.0x
Hell's Kitchen
$940K $2.0K 39.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Munsey Park, Nassau County, NY
$2.29M $2.6K 72.0x
DUMBO, Kings County, NY
$1.69M $4.0K 35.0x
Carroll Gardens, Kings County, NY Explore deeper
$1.90M $3.3K 48.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Lakewood, Clackamas County, OR
$959K $2.7K 29.0x
Avignon Windhaven, Collin County, TX
$1.15M $2.0K 49.0x
South Bethesda, Montgomery County, MD
$713K $2.8K 21.0x

Home prices

Monthly rent

GRM = home price / annual rent

Little Italy

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Benchmark comparison

Rent in Little Italy, NY is 22.6% lower than Battery Park, NY.

Compare to Battery Park, NY
Little Italy, NY
Battery Park, NY
Delta
Median rent
$3,189
$4,121
+$932
Median price
$1,328,876
$1,103,602
-$225,274
YoY change
+$249
+$311
+$62
Price-to-rent
34.7x
22.3x
-12.4x

Key takeaways

  • Little Italy, New York County, NY has a higher-grm screening profile: At 35.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $249 year over year.
  • Rent in Little Italy, NY is 22.6% lower than Battery Park, NY.