Monthly Rent Report
Long Island City Rent Report — August 2021
Asking rents in ZIP 11101, New York City, from 316 listings.
Median 1BR rent in Long Island City was $3,885 in August 2021, up 11.0% (+$385) from July 2021. The middle half of 1BR listings asked between $3,885 and $3,898. That puts Long Island City $2,025 above the New York City citywide 1BR median of $1,860. The month's figures are based on 316 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | +$113 (+4.2%) | — | $2,436 – $3,050 | 58 |
| Studio | $2,801 | +$114 (+4.2%) | — | $2,801 – $2,801 | 1 |
| 1BR | $3,885 | +$385 (+11.0%) | — | $3,885 – $3,898 | 4 |
| 1BR | $3,451 | −$49 (-1.4%) | — | $3,114 – $3,663 | 139 |
| 2BR | $4,842 | +$300 (+6.6%) | — | $4,228 – $5,443 | 78 |
| 2BR | $5,072 | +$530 (+11.7%) | — | $4,983 – $5,161 | 2 |
| 3BR | $5,556 | −$1,656 (-23.0%) | — | $3,599 – $6,478 | 22 |
| 3BR | $2,500 | −$4,712 (-65.3%) | — | $2,500 – $2,500 | 4 |
| 4BR | $6,700 | +$1,200 (+21.8%) | — | $4,950 – $6,700 | 7 |
| 4BR | $3,200 | −$2,300 (-41.8%) | — | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Long Island City vs. New York City — August 2021
| Bedrooms | Long Island City Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,800 | $1,749 | +$1,051 (+60.1%) |
| Studio | $2,801 | $1,749 | +$1,052 (+60.1%) |
| 1BR | $3,885 | $1,860 | +$2,025 (+108.9%) |
| 1BR | $3,451 | $1,860 | +$1,591 (+85.5%) |
| 2BR | $4,842 | $2,275 | +$2,567 (+112.8%) |
| 2BR | $5,072 | $2,275 | +$2,797 (+122.9%) |
| 3BR | $5,556 | $2,648 | +$2,908 (+109.8%) |
| 3BR | $2,500 | $2,648 | −$147 (-5.6%) |
| 4BR | $6,700 | $3,350 | +$3,350 (+100.0%) |
| 4BR | $3,200 | $3,350 | −$150 (-4.5%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in August 2021.