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 $3,150 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $4,041, or roughly $68 per square feet.
For the apartment units and housing in March 2023, median rents have risen over the last year. Studio rentals prices have increased by $131 (4.26%) year-over-year from $3,068 to $3,199. 1-bedroom rentals prices have increased by $257 (6.78%) year-over-year from $3,790 to $4,047. 2-bedroom rentals prices have increased by $390 (7.51%) year-over-year from $5,194 to $5,584. 3-bedroom rentals prices have increased by $934 (15.40%) year-over-year from $6,066 to $7,000. 4-bedroom rentals prices have increased by $467 (11.57%) year-over-year from $4,033 to $4,500. 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 down by 0.79% this month. 1-bedroom rents have gone up by 1.97% this month. 2-bedroom rents have gone up by 1.07% this month. 3-bedroom rents have gone up by 1.39% this month. 4-bedroom rents have gone down by 0.74% this month.
Beds
Price / Sqft
Mar 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $75 $3,199 $3,068 (4.26%) $2,664 (20.07%)
1 BR $67 $4,047 $3,790 (6.78%) $3,302 (22.57%)
2 BR $61 $5,584 $5,194 (7.51%) $4,562 (22.38%)
3 BR $42 $7,000 $6,066 (15.40%) $5,434 (28.81%)

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 21 cities nearby Long Island City. The average rent in Long Island City is currently $3,950 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 $1,738, is the most affordable city nearby. In contrast, the most expensive city near Long Island City, New York, NY is Sea Girt, NJ. 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 47.78% more expensive than other cities nearby. One bedrooms are about 47.50% more expensive. Two bedrooms in Long Island City, New York, NY are about 47.02% more expensive. Finally, rent for three bedrooms are about 42.86% more expensive. Want more information? Check out the top 10 cities out of 21 total cities near Long Island City, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,000 $1,375 $1,850 $2,100
Bayonne, NJ $2,175 $1,800 $2,000 $2,150
Union City, NJ $3,500 $2,275 $2,600 $2,750
Jersey City, NJ $2,300 $3,004 $2,500 $2,750
Fort Lee, NJ $2,040 $2,125 $3,173 $3,095
Stamford, CT $1,375 $2,100 $3,025 $3,125
Hoboken, NJ $3,100 $3,250 $4,150 $3,698
Long Beach, NY $1,900 $2,350 $3,250 $4,100
New York, NY $3,295 $3,995 $4,925 $4,180
Long Branch, NJ N/A $2,000 $5,000 $4,420

Top Neighborhoods Near Long Island City

There are a total of 56 neighborhoods in or near Long Island City. Some of these neighborhoods include East Harlem, Astoria, and Ridgewood. We've included the top 30 neighborhoods out of 56 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 $4,175 per month. A total of 26 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $4,175. Interestingly, the neighborhoods' average rent is higher than Long Island City's average rent, which is only $4,041. Out of all the neighborhoods in or near Long Island City, Briarwood has the most affordable average rent at $1,650 per month. Whereas, at $6,595 average rent per month, Tribeca 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
East Harlem, New York, NY $3,000 $2,800 $2,895 $3,000
Astoria, New York, NY $2,699 $2,795 $3,050 $3,020
Ridgewood, New York, NY N/A $2,900 $2,999 $3,200
Bushwick, New York, NY $2,544 $2,975 $3,300 $3,211
Roosevelt Island, New York, NY $3,368 $3,400 $4,400 $3,653
Upper East Side, New York, NY $2,527 $3,499 $4,710 $3,750
Little Italy, New York, NY $3,750 $3,750 $5,000 $3,975
Murray Hill, New York, NY $3,250 $3,900 $4,395 $3,995
East Village, New York, NY $2,675 $3,395 $4,495 $4,195
Hell's Kitchen, New York, NY $3,500 $3,686 $5,200 $4,200
Kips Bay, New York, NY $3,435 $3,795 $4,595 $4,295
NoLita, New York, NY $3,495 $4,195 $4,995 $4,295
Midtown East, New York, NY $3,000 $4,250 $5,852 $4,375
Lower East Side, New York, NY $2,425 $2,950 $4,395 $4,395
Williamsburg, New York, NY $3,815 $4,300 $4,308 $4,450
Greenpoint, New York, NY $3,068 $4,240 $4,900 $4,480
Bowery, New York, NY $2,600 $4,695 $4,495 $4,495
Hudson Yards, New York, NY $3,712 $4,275 $6,462 $4,500
Midtown, New York, NY $3,800 $4,022 $5,995 $4,713
Midtown South, New York, NY $3,700 $4,900 $5,642 $4,818
Chelsea, New York, NY $3,870 $4,997 $6,495 $4,830
Upper West Side, New York, NY $3,200 $4,338 $6,000 $4,842
West Village, New York, NY $4,057 $4,750 $6,125 $5,159
Greenwich Village, New York, NY $4,200 $5,300 $5,110 $5,200
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $4,902 $6,049 $5,440
Flatiron District, New York, NY $4,100 $5,750 $6,500 $5,573
NoMad, New York, NY $4,464 $5,533 $6,295 $5,741
NoHo, New York, NY $3,600 $3,875 $6,450 $5,995
Gramercy Park, New York, NY $3,580 $4,500 $5,295 $6,013
SoHo, New York, NY $3,750 $4,750 $7,150 $6,200

Top Counties Near Long Island City

There are a total of 56 counties located by Long Island City, New York, NY. Some of these counties include Newark, NJ, Bayonne, NJ, and Bronx, New York, NY. The average rent for rentals in these counties is $3,698. That's roughly around $36 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 $1,738. Vice versa, with an average rent of $11,000, Spring Lake, NJ is the most expensive county by Long Island City, New York, NY.

Typically, rent for studios in Long Island City, New York, NY is 39.84% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Long Island City, New York, NY is 45.00% more expensive than other counties nearby. Finally, rent for two bedrooms in Long Island City, New York, NY is 47.02% 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 $2,000 $1,375 $1,850 $2,100
Bayonne, NJ $2,175 $1,800 $2,000 $2,150
Bronx, New York, NY $1,895 $2,098 $2,500 $2,450
Union City, NJ $3,500 $2,275 $2,600 $2,750
Jersey City, NJ $2,300 $3,004 $2,500 $2,750
Queens, New York, NY $2,540 $2,500 $3,025 $2,895
Fort Lee, NJ $2,040 $2,125 $3,173 $3,095
Brooklyn, New York, NY $3,350 $3,760 $3,514 $3,600
Hoboken, NJ $3,100 $3,250 $4,150 $3,698
Manhattan, New York, NY $3,300 $4,050 $5,295 $4,350

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 $4,295. A total of 19 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07002, Bayonne, NJ at $2,150 per month. In comparison, the zipcode with the most expensive average rent of $10,000 per month is 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,197. That's at least $85 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 $3,945 per month. Or in other words, $75 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,273 per month. Which comes out to $71 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 $3,199 $4,150 $5,892 $4,245
10065, New York, NY $2,950 $3,895 $4,200 $4,175
11222, New York, NY $3,075 $4,181 $4,675 $4,459
10021, New York, NY $2,400 $4,048 $6,750 $4,500
10022, New York, NY $2,825 $4,350 $5,650 $4,431
10075, New York, NY $2,450 $2,814 $6,300 $3,200
11102, New York, NY $3,195 $3,165 $3,050 $3,050
10017, New York, NY $3,200 $4,250 $6,400 $4,475
10028, New York, NY $2,500 $2,995 $3,800 $3,600
10016, New York, NY $3,300 $3,995 $4,495 $4,100

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 $4,041. 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 $3,150 and an average price per square feet of $75.09. There are a total of 96 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 $4,000 and an average price per square feet of $66.67. There are a total of 169 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 $5,710 and an average price per square feet of $60.67. There are a total of 105 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 0.04%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.08%, 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 $3,233/month. You can search for these reasonably priced rental listings on RentHop.
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