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Rental Market Trends in Long Island City, NY

Updated July 2026

The average rent in Long Island City, NY is $3,740/month.

Rent in Long Island City is 125% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.

$3,740/month

Average Rent

475 Sq Ft

Average Size

+1.5%

Change / Year

336

Available Apartments

Long Island City rent varies by unit size and layout:

  • Studio apartments in Long Island City average $3,114 per month.
  • One-bedroom apartments in Long Island City average $3,740 per month.
  • Two-bedroom apartments in Long Island City average $5,146 per month.
  • Three-bedroom apartments in Long Island City average $7,718 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$3,114/month
339 Sq Ft
One Bedroom
$3,740/month
475 Sq Ft
Two Bedroom
$5,146/month
687 Sq Ft
Three Bedroom
$7,718/month
875 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$3,357/month
1,470 Sq Ft
Two Bedroom
$5,531/month
269 Sq Ft
View Long Island City Apartments

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

In the past year, rent has increased by 1.5%, which averages out to $55 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Long Island City, NY

July 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

  • 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
$4,767/month
740 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
$4,767/month
740 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
$4,767/month
740 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 $3,740, you’ll want to make about $12,466 per month or $149,592 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

336 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.

View the Long Island City Area Guide

Apartment Averages

Hunters Point

Long Island City, NY

Hunters Point

Long Island City, NY

Studio
$3,445/month
$3,445/month
One Bedroom
$4,131/month
$4,131/month
Two Bedroom
$5,648/month
$5,648/month
Three Bedroom
$8,935/month
$8,935/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Astoria

    Astoria

  • Woodside

    Woodside

  • Sunnyside

    Sunnyside

  • Jackson Heights

    Jackson Heights

  • East Elmhurst

    East Elmhurst

  • Manhattan

    Manhattan

  • Elmhurst

    Elmhurst

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

2 Beds | $4,388 - $6,390

The Doria

The Doria

34-16 38th St,
Long Island City, NY 11101

1-2 Beds | $4,125 - $6,200

2-21 Malt Drive

2-21 Malt Drive

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

Studio - 2 Beds | $3,488 - $7,302

The Exo

The Exo

26-38 21st St,
Astoria, NY 11102

1 Bed | $3,400 - $3,600

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Frequently Asked Questions

What is the average rent in Long Island City?

The average rent in Long Island City is $3,740 per month, which is 124.9% higher than the national average of $1,663.

What is the average rent for a condo in Long Island City?

The average rent for a condo in Long Island City, NY is $3,357 per month.

Are rents going up or down in Long Island City?

Rents in Long Island City, NY are increasing, with prices up 1.5% year-over-year and $55 more per month.

What rent range is most common in Long Island City?

In Long Island City, NY, 85% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 June 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