Neighborhood Guide

Lower East Side

The Lower East Side, sometimes abbreviated as LES, is a neighborhood in the southeastern part of the New York City borough of Manhattan. It is roughly bounded by the Bowery to the west, East Houston Street to the north, the East River to the east, and Canal Street to the south. The western boundary below Grand Street veers east off of the Bowery to approximately Essex Street.

It was traditionally an immigrant, working-class neighborhood. It has undergone rapid gentrification starting in the mid-2000s, prompting The National Trust for Historic Preservation to place the neighborhood on their list of America's Most Endangered Places.[2][3] It has become a home to upscale boutiques and trendy dining establishments along Clinton Street's restaurant row.


Suppose we told you about a neighborhood with some of the city’s best nightlife, along with outstanding restaurants and shops. It’s conveniently located in Lower Manhattan. It’s vital and energetic, gentrifying but reasonably diverse. And a two-bedroom apartment costs around $2,300 a month. Yes, the Lower East Side has some prominent warts: Its housing stock is fairly run-down. It’s noisy. And not everyone wants to live where they go out. But few other neighborhoods offer such a complete New York City experience at this price point.

Size Starting from Available Avg. $/Ft2 DOM
Studio $209.0K 3 - 88
1 BR $419.0K 41 $1,540 147
2 BR $540.0K 33 $1,858 194
3 BR $1.05M 9 $1,747 256


Avg. Price/SqFt.

Prices Trend (2007-2019)