Average Rent in Long Island City, New York, NY

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

Long Island City rentals average $3,365 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $4,195, or roughly $5 per square feet.

For the apartment units and housing in July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $212 (6.47%) year-over-year from $3,281 to $3,493. 1-bedroom rentals prices have decreased by $4 (-0.10%) year-over-year from $4,153 to $4,149. 2-bedroom rentals prices have increased by $57 (0.93%) year-over-year from $6,123 to $6,180. 3-bedroom rentals prices have increased by $935 (14.54%) year-over-year from $6,426 to $7,361. 4-bedroom rentals prices have decreased by $1,792 (-29.15%) year-over-year from $6,148 to $4,356. 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 3.30% this month. 1-bedroom rents have gone up by 0.13% this month. 2-bedroom rents have gone up by 1.70% this month. 3-bedroom rents have gone down by 0.06% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.93	$3,493	$3,281 (6.47%)	$2,608 (33.92%)
1 BR	$5.44	$4,149	$4,153 (-0.10%)	$3,045 (36.24%)
2 BR	$5.19	$6,180	$6,123 (0.93%)	$4,475 (38.11%)
3 BR	$6.24	$7,361	$6,426 (14.54%)	$5,935 (24.03%)

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 15 cities nearby Long Island City. The average rent in Long Island City is currently $3,179 per month. A total of 11 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 Ocean Beach, NY. Monthly rents here are on average $8,000 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 45.02% more expensive than other cities nearby. One bedrooms are about 45.19% more expensive. Two bedrooms in Long Island City, New York, NY are about 43.50% more expensive. Finally, rent for three bedrooms are about 42.69% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near Long Island City, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Paterson, NJ	$1,850	$1,850	$2,100	$2,250
Newark, NJ	$1,800	$1,675	$2,050	$2,300
Elizabeth, NJ	N/A	$1,900	$2,200	$2,525
Fort Lee, NJ	$1,900	$2,375	$3,505	$2,848
Jersey City, NJ	$2,390	$3,271	$3,475	$3,179
Yonkers, NY	$2,100	$2,598	$3,400	$3,290
Cliffside Park, NJ	N/A	$2,050	$3,975	$3,600
New York, NY	$3,585	$4,354	$5,295	$4,495
New Rochelle, NY	$2,250	$3,030	$4,690	$4,500
Long Beach, NY	$2,400	$3,300	$3,800	$4,500

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, Ridgewood, and Bedford-Stuyvesant. 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 $4,495 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $4,495. Interestingly, the neighborhoods' average rent is higher than Long Island City's average rent, which is only $4,195. Out of all the neighborhoods in or near Long Island City, East Side has the most affordable average rent at $2,201 per month. Whereas, at $8,000 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	$2,427	$2,750	$4,000	$3,300
Ridgewood, New York, NY	$2,495	$2,750	$3,375	$3,300
Bedford-Stuyvesant, New York, NY	$2,438	$2,815	$3,400	$3,400
Bushwick, New York, NY	$2,653	$3,000	$3,499	$3,599
East Harlem, New York, NY	$2,495	$2,995	$3,395	$3,795
NoHo, New York, NY	$3,950	$4,125	$7,350	$4,075
Upper East Side, New York, NY	$2,900	$3,600	$5,000	$4,195
Flatiron District, New York, NY	$4,100	$5,900	$10,500	$4,200
Bowery, New York, NY	$2,800	$3,450	$4,798	$4,300
Murray Hill, New York, NY	$3,400	$4,595	$7,407	$4,495
West Village, New York, NY	$3,995	$4,650	$7,445	$4,550
NoLita, New York, NY	$3,390	$4,495	$6,495	$4,595
Hell's Kitchen, New York, NY	$3,700	$4,500	$5,885	$4,595
Midtown East, New York, NY	$3,400	$4,475	$6,361	$4,625
Greenwich Village, New York, NY	$4,100	$5,095	$4,395	$4,800
Midtown South, New York, NY	$3,700	$4,800	$5,050	$4,850
Upper West Side, New York, NY	$3,450	$4,250	$7,000	$4,906
Midtown, New York, NY	$3,523	$4,750	$6,995	$4,968
Greenpoint, New York, NY	$2,979	$4,000	$5,200	$4,973
Kips Bay, New York, NY	$3,845	$4,070	$5,345	$4,995
Williamsburg, New York, NY	$3,947	$4,699	$5,200	$5,000
Little Italy, New York, NY	$3,900	$5,000	$5,495	$5,200
East Village, New York, NY	$2,700	$3,850	$5,200	$5,295
Hudson Yards, New York, NY	$3,590	$5,000	$7,600	$5,300
SoHo, New York, NY	$3,850	$4,850	$5,400	$5,400
Chelsea, New York, NY	$4,123	$5,476	$8,000	$5,405
Gramercy Park, New York, NY	$3,725	$4,895	$5,495	$5,495
NoMad, New York, NY	$4,395	$5,663	$8,123	$5,781
Lower East Side, New York, NY	$2,625	$4,195	$5,295	$5,995
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$5,057	$6,054	$6,100

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 Newark, NJ, Bloomfield, NJ, and Fort Lee, NJ. The average rent for rentals in these counties is $3,500. That's roughly around $3 per sqft. A total of 18 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 $5,000, Islip, NY is the most expensive county by Long Island City, New York, NY.

Typically, rent for studios in Long Island City, New York, NY is 43.54% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Long Island City, New York, NY is 36.12% more expensive than other counties nearby. Finally, rent for two bedrooms in Long Island City, New York, NY is 43.50% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Newark, NJ	$1,800	$1,675	$2,050	$2,300
Bloomfield, NJ	N/A	$1,750	$2,300	$2,425
Fort Lee, NJ	$1,900	$2,375	$3,505	$2,848
Jersey City, NJ	$2,390	$3,271	$3,475	$3,179
Bronx, New York, NY	$2,491	$2,625	$3,200	$3,200
Queens, New York, NY	$2,919	$3,100	$3,702	$3,500
Cliffside Park, NJ	N/A	$2,050	$3,975	$3,600
Brooklyn, New York, NY	$3,500	$3,893	$4,200	$4,000
Manhattan, New York, NY	$3,600	$4,495	$5,599	$4,698
North Hempstead, NY	$3,199	$3,500	$4,175	$4,900

Top Zipcodes Near Long Island City

There are a total of 44 zipcodes in or near Long Island City, New York, NY. The average rent for all of these zipcodes is $4,596. A total of 14 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11226, New York, NY at $3,210 per month. In comparison, the zipcode with the most expensive average rent of $7,800 per month is 11770, Ocean Beach, NY.

Studios in these zipcodes have an average rent of $3,425. 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 $4,390 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,550 per month. Which comes out to $7 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	$3,350	$4,265	$6,350	$4,540
10065, New York, NY	$3,500	$4,495	$6,500	$5,325
10021, New York, NY	$2,585	$4,095	$4,400	$4,295
10022, New York, NY	$3,450	$4,650	$6,250	$4,800
10075, New York, NY	$2,779	$3,875	$6,500	$3,935
10017, New York, NY	$3,300	$4,475	$7,816	$4,595
10028, New York, NY	$2,600	$3,395	$4,648	$3,495
10016, New York, NY	$3,550	$4,384	$5,799	$4,850
10128, New York, NY	$3,250	$3,900	$5,193	$4,200
10010, New York, NY	$3,955	$4,878	$5,395	$4,995

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 $4,195. 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 $3,365 and an average price per square feet of $5.93. There are a total of 67 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 $4,125 and an average price per square feet of $5.44. There are a total of 152 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 $6,150 and an average price per square feet of $5.19. There are a total of 100 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 0.06%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.15% 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 $3,356/month. You can search for these reasonably priced rental listings on RentHop.