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Average Rent in Long Island City & Rent Trends

Rent prices and market trends across 1 apartment community in Long Island City, New York, NY. Updated daily.

Market Average

$5,612/mo

Lowest Available

$5,465/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

3

available now

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Long Island City vs New York, NY Average

Long Island City is more expensive than the New York, NY average by $2,226/mo (66%). The citywide average is $3,386/mo across all neighborhoods.

Is Rent Going Up or Down in Long Island City?

As of October 2026, the average rent in Long Island City is $5,612 per month across 1 apartment community and 3 available units.

The most affordable option is Luxury Apartments LIC starting at $5,465/mo. By unit type, a 2-bedroom averages $5,612/mo.

Prices range from $5,465 to $5,695 per month. The most common price point is the $5,600 range, where 2 units are currently listed.

Rent Price Distribution

Rent by Bedroom Type in Long Island City

2 Bed
$5,612
from $5,465 · 3 units

Rent Prices by Apartment in Long Island City

Property Starting at Average Units Rating
Luxury Apartments LIC $5,465/mo $5,612/mo 3 5

Frequently Asked Questions About Rent in Long Island City

What is the average rent in Long Island City?

The average rent in Long Island City is $5,612 per month as of October 2026, based on 3 units across 1 apartment communities.

Is rent going up or down in Long Island City?

The current average rent in Long Island City is $5,612/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Long Island City?

The most affordable apartment in Long Island City is Luxury Apartments LIC with units starting at $5,465/mo.

How many apartments are available in Long Island City?

There are 3 units available across 1 apartment communities in Long Island City.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$224,000/year

Based on the 30 percent rule, using our tracked average rent of $5,612/mo.

Comfortable income

$269,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($5,465/mo), you need to earn at least $219,000/year.

Median household income in Long Island City is $79,713 , about 70% below the comfortable-living threshold.

Cost of living in Long Island City

Overall prices in Long Island City runs above the national average by about 13% (BEA Regional Price Parity index 112.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Long Island City's regional price parities.

Category Monthly estimate
Rent (market average) $5,612
Utilities $644
Groceries $585
Transportation $1,534
Healthcare $748
Other goods and services $1,197
Estimated total $10,320/mo

Population

8,516,202

Median household income

$79,713

Census median rent

$1,779/mo

Census rent burden

31.0%

Median age

38.0

Mean commute

41 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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