Long Island City, Queens, NY Rental Market Trends
Last updated: September 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Long Island City is $4,795, a 1.34% increase compared to the previous year, when the average rent was $4,732.
Studio Apartments at $3,631 offer the most budget-friendly option with 479 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 659 square feet for $4,335, balancing privacy and affordability.
Two-bedroom units at $6,386 offer 937 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,201 sq ft) for $7,929, suitable for larger households.
Average rent in Long Island City, Queens, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $4,795 | 713 sq. ft. |
| Studio | $3,631 | 479 sq. ft. |
| 1 Bed | $4,335 | 659 sq. ft. |
| 2 Beds | $6,386 | 937 sq. ft. |
| 3 Beds | $7,929 | 1,201 sq. ft. |
Long Island City, Queens, NY rent trends
Rental prices in Long Island City, Queens, NY have increased by 1.34% over the past year. The average rent moved from $4,732 to $4,795.
Do most people rent or own in Long Island City, Queens, NY?
24,059 or 84% of the households in Long Island City, Queens, NY are renter-occupied while 4,660 or 16% are owner-occupied.
Most affordable neighborhoods in Long Island City?
Hollis $1,662/month
Kew Gardens Hills $1,805/month
Kew Gardens $2,073/month
All of these neighborhoods fall below the city wide average of $3,740/month.Most expensive neighborhoods in Long Island City?
Rego Park $3,908/month
Hunters Point $4,772/month
LIC $4,850/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Queens, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| LIC | $4,850 |
| Hunters Point | $4,772 |
| Rego Park | $3,908 |
| Forest Hills | $3,434 |
| Old Astoria | $3,390 |
| Corona | $2,950 |
| Jamaica | $2,784 |
| Jackson Heights | $2,741 |
| Elmhurst | $2,406 |
| Ditmars - Steinway | $2,391 |
| Murray Hill | $2,364 |
| Sunnyside | $2,341 |
| Downtown Flushing | $2,202 |
| Far Rockaway | $2,075 |
| Kew Gardens | $2,073 |
| Kew Gardens Hills | $1,805 |
| Hollis | $1,662 |
Queens | Rent Comparison by Neighborhood
Rent in Corona is 23% higher than in Ditmars - Steinway
Corona rent is 38% lower than Queens average
Ditmars - Steinway rent is 50% 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 Long Island City 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.