Average Rent in Long Island City, New York, NY

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

Long Island City rentals average $3,319 for a studio rental to $6,857 for a 3-bedroom rental. The median price of all currently available listings is $3,975, or roughly $6 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $70 (2.14%) year-over-year from $3,280 to $3,350. 1-bedroom rentals prices have decreased by $130 (-3.16%) year-over-year from $4,098 to $3,968. 2-bedroom rentals prices have increased by $56 (0.98%) year-over-year from $5,769 to $5,825. 3-bedroom rentals prices have decreased by $241 (-3.36%) year-over-year from $7,181 to $6,940. 4-bedroom rentals prices have decreased by $155 (-3.13%) year-over-year from $4,955 to $4,800. 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 0.22% this month. 1-bedroom rents have gone down by 0.46% this month. 2-bedroom rents have gone up by 0.76% this month. 3-bedroom rents have gone down by 0.10% this month. 4-bedroom rents have gone up by 7.66% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.54 $3,350 $3,280 (2.14%) $2,011 (66.61%)
1 BR $5.73 $3,968 $4,098 (-3.16%) $2,536 (56.45%)
2 BR $5.80 $5,825 $5,769 (0.98%) $3,658 (59.26%)
3 BR $6.80 $6,940 $7,181 (-3.36%) $4,388 (58.17%)

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 33 cities nearby Long Island City. The average rent in Long Island City is currently $3,000 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 $1,985, 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 $15,000 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 50.28% more expensive than other cities nearby. One bedrooms are about 43.32% more expensive. Two bedrooms in Long Island City, New York, NY are about 47.64% more expensive. Finally, rent for three bedrooms are about 40.93% more expensive. Want more information? Check out the top 10 cities out of 33 total cities near Long Island City, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Bayonne, NJ N/A $2,057 $2,200 $2,255
Newark, NJ $2,225 $2,099 $2,100 $2,389
Hackensack, NJ $1,875 $2,075 $2,700 $2,500
West New York, NJ N/A $2,425 $2,800 $2,686
Jersey City, NJ $2,300 $2,700 $2,650 $2,740
Union City, NJ $1,900 $2,250 $2,875 $2,800
Fort Lee, NJ $1,500 $2,550 $3,000 $2,850
Cliffside Park, NJ N/A $2,050 $3,300 $3,000
Hoboken, NJ $3,060 $3,200 $4,200 $3,700
New York, NY $3,450 $4,125 $4,995 $4,295

Top Neighborhoods Near Long Island City

There are a total of 52 neighborhoods in or near Long Island City. Some of these neighborhoods include Astoria, Bedford-Stuyvesant, and East Harlem. We've included the top 30 neighborhoods out of 52 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 $4,296 per month. A total of 22 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $4,296. Interestingly, the neighborhoods' average rent is higher than Long Island City's average rent, which is only $3,975. Out of all the neighborhoods in or near Long Island City, Rego Park has the most affordable average rent at $2,500 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 $2,500 $2,600 $3,700 $3,098
Bedford-Stuyvesant, New York, NY $2,400 $2,780 $2,925 $3,200
East Harlem, New York, NY $2,600 $3,000 $3,195 $3,398
Bowery, New York, NY $2,800 $3,299 $3,999 $3,499
Ridgewood, New York, NY $1,650 $2,561 $3,375 $3,500
Bushwick, New York, NY $2,700 $2,875 $3,500 $3,500
Upper East Side, New York, NY $2,975 $3,700 $4,850 $4,000
Murray Hill, New York, NY $3,540 $4,100 $6,400 $4,295
East Village, New York, NY $2,898 $3,595 $4,495 $4,495
NoLita, New York, NY $3,495 $4,495 $4,895 $4,495
Midtown East, New York, NY $3,200 $4,300 $5,695 $4,500
Hell's Kitchen, New York, NY $3,461 $4,207 $5,900 $4,500
Kips Bay, New York, NY $3,785 $3,963 $5,135 $4,575
Lower East Side, New York, NY $2,625 $3,495 $4,495 $4,600
Williamsburg, New York, NY $3,635 $4,153 $4,650 $4,650
Upper West Side, New York, NY $3,150 $4,250 $5,839 $4,680
Midtown, New York, NY $3,560 $4,362 $6,600 $4,750
Greenwich Village, New York, NY $4,300 $4,925 $6,000 $4,755
West Village, New York, NY $3,900 $4,595 $5,300 $4,800
Midtown South, New York, NY $3,785 $4,895 $6,900 $4,800
Hudson Yards, New York, NY $3,575 $4,595 $6,950 $5,000
Greenpoint, New York, NY $3,495 $4,354 $5,575 $5,014
Chelsea, New York, NY $4,195 $5,250 $7,650 $5,070
Flatiron District, New York, NY $4,023 $5,895 $5,475 $5,150
NoHo, New York, NY $4,000 $5,350 $7,750 $5,350
Little Italy, New York, NY $3,900 $5,125 $4,862 $5,500
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,067 $6,075 $5,538
NoMad, New York, NY $4,420 $5,542 $8,123 $5,779
SoHo, New York, NY $2,973 $3,950 $13,500 $6,100
Gramercy Park, New York, NY $3,815 $4,888 $5,312 $6,145

Top Counties Near Long Island City

There are a total of 52 counties located by Long Island City, New York, NY. Some of these counties include West New York, NJ, Jersey City, NJ, and Fort Lee, NJ. The average rent for rentals in these counties is $3,700. That's roughly around $3 per sqft. A total of 27 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,985. Vice versa, with an average rent of $15,000, 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 42.75% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Long Island City, New York, NY is 38.92% more expensive than other counties nearby. Finally, rent for two bedrooms in Long Island City, New York, NY is 46.78% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
West New York, NJ N/A $2,425 $2,800 $2,686
Jersey City, NJ $2,300 $2,700 $2,650 $2,740
Fort Lee, NJ $1,500 $2,550 $3,000 $2,850
North Bergen, NJ $3,300 $2,150 $2,825 $2,900
Cliffside Park, NJ N/A $2,050 $3,300 $3,000
Bronx, New York, NY $2,525 $2,325 $2,900 $3,000
Queens, New York, NY $3,016 $2,636 $3,100 $3,200
Hoboken, NJ $3,060 $3,200 $4,200 $3,700
Brooklyn, New York, NY $3,440 $3,800 $3,954 $3,800
Manhattan, New York, NY $3,499 $4,288 $5,420 $4,495

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 $4,408. A total of 13 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11375, New York, NY at $2,820 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 $3,180. 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 $3,998 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,300 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 $3,364 $3,995 $5,850 $4,043
10065, New York, NY $2,975 $4,498 $5,995 $4,700
10021, New York, NY $2,875 $4,295 $3,750 $4,095
10022, New York, NY $3,200 $4,325 $5,595 $4,395
10075, New York, NY $2,450 $3,200 $3,400 $3,238
10017, New York, NY $3,300 $4,469 $6,894 $4,925
10028, New York, NY $2,600 $3,250 $4,000 $4,000
10016, New York, NY $3,550 $4,100 $5,753 $4,420
10128, New York, NY $3,250 $3,750 $5,400 $3,950
10010, New York, NY $3,800 $3,995 $5,445 $5,150

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 $3,975. 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 $3,319 and an average price per square feet of $6.54. There are a total of 98 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 $3,970 and an average price per square feet of $5.73. There are a total of 136 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 $5,825 and an average price per square feet of $5.80. There are a total of 97 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 0.01%, and three bedroom rental prices have changed by -0.03% 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 $3,180/month. You can search for these reasonably priced rental listings on RentHop.
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