Nobu Residences — Rental Market Data

Nobu Residences features 9 active listings as of August 31, 2026, offering a price range of $2,750 to $4,200 per month with an average asking rent of $3,339 per month and a median asking rent of $3,050 per month. Active suites average 683 square feet at an asking rate of $4.92 per square foot. Two-bedroom configurations dominate the available inventory with a 66.7% share, skewing current options toward multi-bedroom executive layouts rather than compact entry-level apartments.

The 2-bedroom layout is the dominant active tier at Nobu Residences, accounting for 6 listing records and a 66.7% inventory share. Available 2-bedroom units average $3,467 per month at $4.95 per square foot across 700 square feet. The 1-bedroom plus den configuration represents 2 active listings or a 22.2% share, averaging $2,875 per month at $5.23 per square foot across 550 square feet. Meanwhile, the 2-bedroom plus den tier provides a single active listing comprising an 11.1% share, asking $3,500 per month at $4.12 per square foot across 850 square feet.

Nobu Residences displays a minimum entry rent of $2,750 per month and a peak asking rent of $4,200 per month, creating a dollar spread of $1,450 or a 52.7% percentage spread. The median asking rent rests at $3,050 per month. Entry-level availability is anchored by 1-bedroom plus den suites averaging 550 square feet at an asking rate of $5.00 per square foot, while peak pricing is led by larger 2-bedroom layouts reaching 750 square feet at an asking rate of $5.60 per square foot.

Active den premium data cannot be isolated for Nobu Residences because current listings lack a uniform den square footage delta. Parking premium data is similarly unreliable due to an insufficient paired sample of active stalls. Consequently, specific parking fees and den cost differentials cannot be quantified from current market listings.

Nobu Residences asks an average of $3,339 per month at $4.92 per square foot, contrasting with the broader Entertainment District submarket asking benchmark of $3,542 per month at $5.53 per square foot. The lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing, with the building asking 11% below submarket asking rates on a per square foot basis while commanding a 5.9% share of submarket active inventory.

Nobu Residences achieves an average lease rent of $3,008 per month, trading above the overall comparable average of $2,697 per month when evaluated alongside nearby benchmarks such as The Icon II, The Icon I, Maverick, and The Mercer. The Icon II (250 Wellington St W) reports an average lease rent of $2,857 per month at $4.06 per square foot across an average of 716 square feet. The Icon I (270 Wellington St W) averages $2,808 per month at $4.17 per square foot across 671 square feet. Maverick (327 King St W) records an average lease rent of $2,545 per month at $4.96 per square foot across a compact 521 square feet. Finally, The Mercer (8 Mercer St) posts an average lease rent of $2,576 per month at $4.36 per square foot across 601 square feet.

Nobu Residences positions itself in the Entertainment District with an average leased rate of $4.53 per square foot across an average size of 675 square feet, offering a balanced value proposition relative to nearby alternatives and the submarket benchmark of $4.52 per square foot. Renters evaluating Nobu Residences versus Maverick at 327 King St W will find that the subject building offers a more competitive rate per square foot, trading at $4.53 per square foot compared to Maverick's higher rate of $4.96 per square foot, while providing more interior square footage (675 square feet versus Maverick's 521 square feet). Conversely, when compared to older neighboring properties like The Icon II at 250 Wellington St W (which leases at $4.06 per square foot across 716 square feet) and The Icon I at 270 Wellington St W (which leases at $4.17 per square foot across 671 square feet), tenants at Nobu Residences pay a modest premium for newer modern finishes, contemporary layout efficiencies, and state-of-the-art building systems.

Nobu Residences delivers an extensive luxury lifestyle and amenity package that distinguishes it from older and contemporary peers alike in the Entertainment District. The property features signature offerings including a dedicated Concierge & Security service, a fully equipped Gym & Fitness Centre, specialized Yoga and Spin Studios, a rejuvenating Hot Tub & Jacuzzi, Sauna & Steam Room, and a unique Cold Plunge Pool alongside an Ofuro. By comparison, local competitors offer standard or varied packages—such as The Icon II's indoor pool and rooftop terrace, Maverick's rooftop terrace and beauty bar, and The Mercer's reflective pool and media room—lacking the comprehensive wellness circuit found at Nobu Residences. This amenity profile best serves discerning professionals and residents prioritizing high-end wellness, fitness, and entertainment infrastructure within their building.