Average Rent in Long Island City, New York, NY

Current Versus Historical Long Island City, New York, NY Rents

Long Island City rentals average $3,323 for a studio rental to $6,800 for a 3-bedroom rental. The median price of all currently available listings is $3,952, or roughly $6 per square feet.

For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $56 (1.69%) year-over-year from $3,299 to $3,355. 1-bedroom rentals prices have decreased by $118 (-2.84%) year-over-year from $4,158 to $4,040. 2-bedroom rentals prices have decreased by $28 (-0.48%) year-over-year from $5,958 to $5,930. 3-bedroom rentals prices have increased by $419 (6.36%) year-over-year from $6,581 to $7,000. 4-bedroom rentals prices have increased by $1,573 (35.91%) year-over-year from $4,380 to $5,953. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.36% this month. 1-bedroom rents have gone up by 0.66% this month. 2-bedroom rents have gone up by 1.45% this month. 3-bedroom rents have gone up by 0.48% this month. 4-bedroom rents have gone up by 10.73% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$6.41	$3,355	$3,299 (1.69%)	$2,146 (56.36%)
1 BR	$5.87	$4,040	$4,158 (-2.84%)	$2,665 (51.58%)
2 BR	$5.59	$5,930	$5,958 (-0.48%)	$3,880 (52.84%)
3 BR	N/A	$7,000	$6,581 (6.36%)	$4,610 (51.83%)

Historical Rents in Long Island City, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Long Island City

There are a total of 34 cities nearby Long Island City. The average rent in Long Island City is currently $3,494 per month. A total of 20 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near Long Island City, New York, NY is Westport, CT. Monthly rents here are on average $16,000 per month.

Let's compare Long Island City, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Long Island City, New York, NY is 52.98% more expensive than other cities nearby. One bedrooms are about 43.73% more expensive. Two bedrooms in Long Island City, New York, NY are about 49.54% more expensive. Finally, rent for three bedrooms are about 33.82% more expensive. Want more information? Check out the top 10 cities out of 34 total cities near Long Island City, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Newark, NJ	$1,975	$2,075	$2,100	$2,300
Bayonne, NJ	$2,275	$2,047	$2,524	$2,500
Union City, NJ	$1,850	$2,150	$2,800	$2,800
Jersey City, NJ	$2,826	$2,700	$2,700	$2,800
West New York, NJ	$1,700	$2,550	$3,025	$2,825
Fort Lee, NJ	$1,450	$2,250	$3,300	$3,000
Cliffside Park, NJ	N/A	$2,125	$3,350	$3,345
Palisades Park, NJ	$1,675	$1,950	$2,750	$3,500
Hoboken, NJ	$3,056	$3,250	$3,950	$3,610
New York, NY	$3,535	$4,200	$5,100	$4,400

Top Neighborhoods Near Long Island City

There are a total of 51 neighborhoods in or near Long Island City. Some of these neighborhoods include Astoria, Bedford-Stuyvesant, and Bushwick. We've included the top 30 neighborhoods out of 51 total neighborhoods in or near Long Island City, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Long Island City, New York, NY is currently around $4,488 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $4,488. Interestingly, the neighborhoods' average rent is higher than Long Island City's average rent, which is only $3,952. Out of all the neighborhoods in or near Long Island City, East Side has the most affordable average rent at $1,950 per month. Whereas, at $8,250 average rent per month, Ocean Beach is the most expensive neighborhood in or near Long Island City. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Astoria, New York, NY	$2,898	$2,795	$3,500	$3,175
Bedford-Stuyvesant, New York, NY	$2,373	$2,750	$3,200	$3,395
Bushwick, New York, NY	$2,650	$2,850	$3,400	$3,400
Ridgewood, New York, NY	N/A	$2,820	$3,300	$3,400
East Harlem, New York, NY	$2,975	$3,089	$3,195	$3,495
Bowery, New York, NY	$2,870	$3,575	$4,250	$3,995
Upper East Side, New York, NY	$2,863	$3,400	$5,500	$4,000
Murray Hill, New York, NY	$3,500	$4,200	$6,200	$4,488
NoLita, New York, NY	$3,900	$4,495	$4,995	$4,495
Hell's Kitchen, New York, NY	$3,500	$4,034	$5,876	$4,495
Hudson Yards, New York, NY	$3,644	$4,270	$6,695	$4,545
Midtown East, New York, NY	$3,400	$4,350	$5,650	$4,566
East Village, New York, NY	$2,738	$3,673	$4,595	$4,650
Lower East Side, New York, NY	$2,765	$3,445	$4,495	$4,700
Williamsburg, New York, NY	$3,665	$4,509	$4,650	$4,714
Greenwich Village, New York, NY	$3,590	$4,800	$5,013	$4,770
West Village, New York, NY	$3,900	$5,200	$6,750	$4,800
Kips Bay, New York, NY	$3,803	$4,100	$5,339	$4,995
Upper West Side, New York, NY	$3,288	$4,500	$6,898	$4,995
Midtown South, New York, NY	$3,560	$5,000	$6,865	$5,000
Little Italy, New York, NY	$3,900	$5,000	$5,500	$5,123
Chelsea, New York, NY	$3,880	$5,430	$7,795	$5,200
Greenpoint, New York, NY	$3,454	$4,574	$5,550	$5,200
NoHo, New York, NY	$4,000	$5,300	$7,875	$5,350
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$5,052	$5,951	$5,594
NoMad, New York, NY	$4,444	$5,589	$8,401	$5,667
Midtown, New York, NY	$3,200	$4,400	$6,550	$5,750
Flatiron District, New York, NY	$4,050	$5,873	$8,821	$5,825
Gramercy Park, New York, NY	$3,815	$5,086	$5,675	$6,395
SoHo, New York, NY	$4,850	$4,725	$13,500	$7,950

Top Counties Near Long Island City

There are a total of 51 counties located by Long Island City, New York, NY. Some of these counties include Jersey City, NJ, West New York, NJ, and North Bergen, NJ. The average rent for rentals in these counties is $3,610. That's roughly around $3 per sqft. A total of 23 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,900. Vice versa, with an average rent of $16,000, Westport, CT is the most expensive county by Long Island City, New York, NY.

Typically, rent for studios in Long Island City, New York, NY is 48.84% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Long Island City, New York, NY is 31.71% more expensive than other counties nearby. Finally, rent for two bedrooms in Long Island City, New York, NY is 45.00% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Jersey City, NJ	$2,826	$2,700	$2,700	$2,800
West New York, NJ	$1,700	$2,550	$3,025	$2,825
North Bergen, NJ	$2,149	$2,050	$2,875	$2,825
Fort Lee, NJ	$1,450	$2,250	$3,300	$3,000
Queens, New York, NY	$3,202	$2,976	$3,396	$3,323
Cliffside Park, NJ	N/A	$2,125	$3,350	$3,345
Palisades Park, NJ	$1,675	$1,950	$2,750	$3,500
Hoboken, NJ	$3,056	$3,250	$3,950	$3,610
Brooklyn, New York, NY	$3,485	$3,995	$4,075	$3,950
Manhattan, New York, NY	$3,579	$4,331	$5,592	$4,595

Top Zipcodes Near Long Island City

There are a total of 50 zipcodes in or near Long Island City, New York, NY. The average rent for all of these zipcodes is $4,498. A total of 12 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07756, Ocean Grove, NJ at $3,000 per month. In comparison, the zipcode with the most expensive average rent of $8,000 per month is 11770, Ocean Beach, NY.

Studios in these zipcodes have an average rent of $3,260. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Long Island City, New York, NY is $3,992 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,527 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Long Island City, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
11101, New York, NY	$3,356	$3,988	$6,027	$3,998
10065, New York, NY	$2,988	$4,445	$6,395	$5,500
10021, New York, NY	$2,700	$3,500	$4,395	$4,150
10022, New York, NY	$3,500	$4,500	$5,558	$4,500
10075, New York, NY	$2,495	$3,100	$3,500	$3,250
10017, New York, NY	$3,400	$4,200	$7,634	$5,140
10028, New York, NY	$2,675	$3,200	$4,000	$3,900
10016, New York, NY	$3,650	$4,200	$5,763	$4,530
10128, New York, NY	$3,225	$3,300	$5,670	$4,100
10010, New York, NY	$4,050	$4,798	$5,495	$5,500

Frequently Asked Questions - Long Island City Average Rents

What is the average rent price in Long Island City, New York, NY?

The average monthly rental price for Long Island City, New York, NY apartments for rent is approximately $3,952. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Long Island City, New York, NY rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Long Island City, New York, NY.

How much is a studio apartment in Long Island City, New York, NY?

The average monthly rental price for studio apartments is $3,323 and an average price per square feet of $6.41. There are a total of 84 studio apartment listings currently available for rent in Long Island City.

How much is a one bedroom apartment in Long Island City, New York, NY?

The average monthly rental price for one bedroom apartments is $3,954 and an average price per square feet of $5.87. There are a total of 127 one bedroom apartment listings currently available for rent in Long Island City.

How much is a two bedroom apartment in Long Island City, New York, NY?

The average monthly rental price for two bedroom apartments is $6,000 and an average price per square feet of $5.59. There are a total of 96 two bedroom apartment listings currently available for rent in Long Island City.

How have rent prices in Long Island City, New York, NY changed this year?

Rent prices for rentals in Long Island City, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.06% year-over-year.

What is a reasonable rent price in Long Island City, New York, NY?

A reasonable rent price in Long Island City, New York, NY is around $3,162/month. You can search for these reasonably priced rental listings on RentHop.