LIC, Queens, NY Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in LIC is $3,786, a 9.3% decrease compared to the previous year, when the average rent was $4,174.
Studio Apartments at $3,786 offer the most budget-friendly option with 66 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 35 square feet for $3,799, balancing privacy and affordability.
Average rent in LIC, Queens, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,786 | 66 sq. ft. |
| Studio | $3,786 | 66 sq. ft. |
| 1 Bed | $3,799 | 35 sq. ft. |
| 2 Beds | n/a | n/a |
| 3 Beds | n/a | n/a |
LIC, Queens, NY rent trends
Rental prices in LIC, Queens, NY have decreased by 9.3% over the past year. The average rent moved from $4,174 to $3,786.
Do most people rent or own in LIC, Queens, NY?
15,362 or 83% of the households in LIC, Queens, NY are renter-occupied while 3,092 or 17% are owner-occupied.
Most affordable neighborhoods in LIC?
Briarwood $2,144/month
Jamaica $2,164/month
Downtown Flushing $2,202/month
All of these neighborhoods fall below the city wide average of $4,252/month.Most expensive neighborhoods in LIC?
Forest Hills $3,434/month
LIC $3,786/month
Hunters Point $4,415/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Queens, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Hunters Point | $4,415 |
| LIC | $3,786 |
| Forest Hills | $3,434 |
| Old Astoria | $3,390 |
| Jackson Heights | $2,741 |
| Rego Park | $2,529 |
| Jamaica Hills | $2,508 |
| Far Rockaway | $2,426 |
| Elmhurst | $2,406 |
| Corona | $2,367 |
| Murray Hill | $2,364 |
| Jamaica Estates | $2,217 |
| Downtown Flushing | $2,202 |
| Jamaica | $2,164 |
| Briarwood | $2,144 |
Queens | Rent Comparison by Neighborhood
Rent in LIC is 77% higher than in Briarwood
LIC rent is the same as Queens average
Briarwood rent is 43% lower than Queens average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all LIC apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.