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Rental Market Trends in Long Island City, NY

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

$3,722/month

Average Rent

485 Sq Ft

Average Apartment Size

+3%

Increase in the Last Year

As of April 2026, the average rent in Long Island City, NY is $3,722 per month. This is 127% higher than the national average rent price of $1,641/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 $3,077 per month for a studio, $3,722 for a one-bedroom apartment, and around $5,042 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $8,277 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$3,077/month
336 Sq Ft
One Bedroom
$3,722/month
485 Sq Ft
Two Bedroom
$5,042/month
703 Sq Ft
Three Bedroom
$8,277/month
925 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$3,753/month
512 Sq Ft
Two Bedroom
$4,917/month
537 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%, which averages out to $113 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Long Island City, NY
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Long Island City, NY
Percentage*
Rent Range
0% Below $700/month
1% $700 - $1,000/month
3% $1,001 - $1,500/month
11% $1,501 - $2,000/month
85% Above $2,000/month

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
$4,762/month
715 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
$4,762/month
715 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
$4,762/month
715 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 $3,722, you’ll want to make about $12,406 per month or $148,872 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

251 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
$3,315/month
$3,315/month
One Bedroom
$4,056/month
$4,056/month
Two Bedroom
$5,481/month
$5,481/month
Three Bedroom
$9,551/month
$9,551/month
Search
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Nearby City Rent Trends

  • Astoria Average Rent
  • Woodside Average Rent
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  • Manhattan Average Rent
  • Elmhurst Average Rent

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

10 Halletts Point

10 Halletts Point

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

$3,300 - $6,971

Studio - 2 Beds

2-20 Malt Drive

2-20 Malt Drive

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

$3,605 - $5,837

Studio - 2 Beds

The Exo

The Exo

26-38 21st St,
Astoria, NY 11102

$4,300

2 Beds

Sven

Sven

2959 Northern Blvd,
Long Island City, NY 11101

$3,450 - $7,800

Studio - 3 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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity