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 $3,323 for a studio rental to $7,158 for a 3-bedroom rental. The median price of all currently available listings is $4,000, 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 $111 (-2.71%) year-over-year from $4,098 to $3,987. 2-bedroom rentals prices have increased by $126 (2.19%) year-over-year from $5,769 to $5,895. 3-bedroom rentals prices have increased by $4 (0.05%) year-over-year from $7,181 to $7,185. 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 0.18% this month. 2-bedroom rents have gone up by 1.57% this month. 3-bedroom rents have gone up by 2.23% 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 $6.16 $3,350 $3,280 (2.14%) $2,011 (66.61%)
1 BR $5.81 $3,987 $4,098 (-2.71%) $2,536 (57.18%)
2 BR $5.51 $5,895 $5,769 (2.19%) $3,658 (61.18%)
3 BR $6.32 $7,185 $7,181 (0.05%) $4,388 (63.75%)

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 23 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,950, 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 50.35% more expensive than other cities nearby. One bedrooms are about 43.06% more expensive. Two bedrooms in Long Island City, New York, NY are about 52.48% more expensive. Finally, rent for three bedrooms are about 38.53% 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
Hackensack, NJ $1,600 $1,913 $2,700 $2,325
Bayonne, NJ $2,325 $2,047 $2,422 $2,400
West New York, NJ N/A $2,525 $2,850 $2,698
Jersey City, NJ $2,815 $2,650 $2,650 $2,700
Union City, NJ $1,900 $2,300 $2,800 $2,800
Fort Lee, NJ $1,500 $2,385 $3,050 $2,875
Cliffside Park, NJ N/A $2,150 $3,100 $3,000
Hoboken, NJ $3,066 $3,200 $4,200 $3,700
Palisades Park, NJ $1,500 $2,000 $2,843 $3,775
New York, NY $3,522 $4,200 $5,057 $4,395

Top Neighborhoods Near Long Island City

There are a total of 54 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 54 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 $4,415 per month. A total of 23 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $4,415. Interestingly, the neighborhoods' average rent is higher than Long Island City's average rent, which is only $4,000. Out of all the neighborhoods in or near Long Island City, East Side has the most affordable average rent at $1,900 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 $2,600 $2,800 $4,050 $3,200
Ridgewood, New York, NY $1,650 $2,661 $3,204 $3,254
Bedford-Stuyvesant, New York, NY $2,375 $2,850 $3,067 $3,300
East Harlem, New York, NY $2,675 $3,165 $3,195 $3,370
Bushwick, New York, NY $2,650 $2,799 $3,450 $3,450
Bowery, New York, NY $2,870 $3,995 $3,999 $3,995
Upper East Side, New York, NY $2,975 $3,600 $4,795 $4,000
NoLita, New York, NY $3,545 $4,495 $4,895 $4,495
East Village, New York, NY $2,850 $3,625 $4,495 $4,495
Midtown East, New York, NY $3,398 $4,200 $5,595 $4,500
Hell's Kitchen, New York, NY $3,500 $4,038 $6,082 $4,500
Williamsburg, New York, NY $3,626 $4,500 $4,650 $4,650
Murray Hill, New York, NY $3,600 $4,299 $6,440 $4,750
West Village, New York, NY $4,575 $4,750 $6,250 $4,795
Greenwich Village, New York, NY $4,150 $4,800 $5,075 $4,800
Greenpoint, New York, NY $3,495 $4,400 $5,850 $4,898
Kips Bay, New York, NY $3,795 $4,165 $5,303 $4,938
Upper West Side, New York, NY $3,218 $4,477 $6,325 $4,950
NoHo, New York, NY $3,850 $5,000 $7,750 $5,000
Midtown South, New York, NY $3,785 $4,995 $6,858 $5,000
Hudson Yards, New York, NY $3,699 $4,559 $6,900 $5,000
Little Italy, New York, NY $3,900 $5,000 $5,500 $5,000
Flatiron District, New York, NY $4,050 $5,900 $8,500 $5,150
Lower East Side, New York, NY $3,695 $3,495 $4,548 $5,195
Chelsea, New York, NY $3,937 $5,498 $7,795 $5,295
SoHo, New York, NY $2,995 $3,950 $15,000 $5,300
Midtown, New York, NY $3,634 $4,400 $6,895 $5,500
NoMad, New York, NY $4,446 $5,596 $8,506 $5,716
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,067 $6,075 $5,848
Gramercy Park, New York, NY $3,815 $5,223 $5,295 $6,039

Top Counties Near Long Island City

There are a total of 54 counties located by Long Island City, New York, NY. Some of these counties include West New York, NJ, Jersey City, NJ, and North Bergen, NJ. The average rent for rentals in these counties is $3,738. That's roughly around $3 per sqft. A total of 31 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,950. 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 43.42% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Long Island City, New York, NY is 40.33% more expensive than other counties nearby. Finally, rent for two bedrooms in Long Island City, New York, NY is 48.73% 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 $2,525 $2,850 $2,698
Jersey City, NJ $2,815 $2,650 $2,650 $2,700
North Bergen, NJ $2,250 $2,125 $2,850 $2,850
Fort Lee, NJ $1,500 $2,385 $3,050 $2,875
Cliffside Park, NJ N/A $2,150 $3,100 $3,000
Queens, New York, NY $2,970 $2,667 $3,275 $3,200
Hoboken, NJ $3,066 $3,200 $4,200 $3,700
Palisades Park, NJ $1,500 $2,000 $2,843 $3,775
Brooklyn, New York, NY $3,495 $3,995 $4,000 $3,892
Manhattan, New York, NY $3,575 $4,383 $5,500 $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 $4,464. A total of 15 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 $3,351. 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 $4,073 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,317 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 $3,351 $4,093 $6,000 $4,338
10065, New York, NY $2,975 $4,700 $6,395 $5,000
10021, New York, NY $3,275 $4,048 $3,750 $4,000
10022, New York, NY $3,350 $4,500 $5,300 $4,500
10075, New York, NY $2,395 $3,150 $3,500 $3,250
10017, New York, NY $3,450 $4,100 $7,200 $5,000
10028, New York, NY $2,575 $3,225 $4,000 $4,000
10016, New York, NY $3,698 $4,250 $5,895 $4,700
10128, New York, NY $3,415 $3,795 $5,333 $3,900
10010, New York, NY $4,050 $4,760 $5,415 $5,390

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 $4,000. 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 $6.16. There are a total of 101 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 $4,035 and an average price per square feet of $5.81. There are a total of 129 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 $5,998 and an average price per square feet of $5.51. There are a total of 98 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 0.02%, and three bedroom rental prices have changed by 0.00% 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 $3,200/month. You can search for these reasonably priced rental listings on RentHop.
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