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Rental Market Trends in Long Island City, NY

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

$3,616/month

Average Rent

480 Sq Ft

Average Apartment Size

+3.8%

Increase in the Last Year

As of September 2025, the average rent in Long Island City, NY is $3,616 per month. This is 120% higher than the national average rent price of $1,640/month, making Long Island City one of the most expensive cities in the US. When you rent an apartment in Long Island City, you can expect to pay about $3,072 per month for a studio, $3,616 for a one-bedroom apartment, and around $4,937 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $8,203 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$3,072/month
331 Sq Ft
One Bedroom
$3,616/month
480 Sq Ft
Two Bedroom
$4,937/month
695 Sq Ft
Three Bedroom
$8,203/month
938 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,479/month
0 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$3,630/month
49 Sq Ft
Two Bedroom
$4,728/month
37 Sq Ft
Three Bedroom
$5,417/month
0 Sq Ft
Four Bedroom
$4,333/month
14 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Long Island City, NY?

In the past year, rent has increased by 3.8%, which averages out to $137 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Long Island City?

Based on current rent prices, Hunters Point is the most affordable neighborhood in Long Island City.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hunters Point
$4,565/month
690 Sq Ft

What are the most expensive neighborhoods in Long Island City?

Based on current rent prices, Hunters Point is the most expensive neighborhood in Long Island City.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hunters Point
$4,565/month
690 Sq Ft

Which Long Island City neighborhoods have the most rentals available?

The neighborhood in Long Island City with the most apartments available is Hunters Point .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hunters Point
$4,565/month
690 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Long Island City, NY?

Because the average rent in Long Island City is $3,616, you’ll want to make about $12,053 per month or $144,636 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Long Island City, NY

591 Available Apartments for Rent

Search for Nearby Apartments

How does Long Island City, NY compare to other nearby cities and neighborhoods?

Use the tool below to compare Long Island City, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Long Island City, NY

Apartment Averages

Hunters Point

Long Island City, NY

Hunters Point

Long Island City, NY

Studio
$3,336/month
$3,336/month
One Bedroom
$4,013/month
$4,013/month
Two Bedroom
$5,444/month
$5,444/month
Three Bedroom
$9,625/month
$9,625/month
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Nearby City Rent Trends

  • Astoria Average Rent
  • Woodside Average Rent
  • Sunnyside Average Rent
  • Jackson Heights Average Rent
  • East Elmhurst Average Rent
  • Manhattan Average Rent
  • Elmhurst Average Rent

Apartment communities in Long Island City we think you'll love

Halletts Point

Halletts Point

10, 20, 30 Halletts Pt,
Astoria, NY 11102

$3,356 - $7,526

1-2 Beds

2-20 Malt Drive

2-20 Malt Drive

2-20 Malt Dr,
Long Island City, NY 11101

$3,645 - $6,559

Studio - 2 Beds

Vector - Tower 77

Vector - Tower 77

77 Commercial St,
Brooklyn, NY 11222

$3,400 - $10,000

Studio - 3 Beds

The Exo

The Exo

26-38 21st St,
Astoria, NY 11102

$2,725 - $4,300

Studio - 2 Beds

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United States New York Long Island City Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity