Monthly Rent Report
Long Island City Rent Report — November 2022
Asking rents in ZIP 11101, New York City, from 82 listings.
Median 1BR rent in Long Island City was $3,931 in November 2022, up 1.8% (+$71) from October 2022 and up 12.4% year-over-year. The middle half of 1BR listings asked between $3,825 and $4,372. That puts Long Island City $1,687 above the New York City citywide 1BR median of $2,244. The month's figures are based on 82 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,254 | +$595 (+22.4%) | +$781 (+31.6%) | $3,197 – $3,300 | 9 |
| Studio | $2,953 | +$294 (+11.0%) | +$480 (+19.4%) | $2,906 – $3,038 | 4 |
| Studio | $3,394 | +$735 (+27.6%) | +$922 (+37.3%) | $3,303 – $3,457 | 4 |
| 1BR | $3,931 | +$71 (+1.8%) | +$435 (+12.4%) | $3,825 – $4,372 | 10 |
| 1BR | $4,200 | +$340 (+8.8%) | +$704 (+20.1%) | $3,988 – $4,307 | 8 |
| 1BR | $4,131 | +$271 (+7.0%) | +$635 (+18.2%) | $3,685 – $4,243 | 11 |
| 2BR | $5,019 | +$1,069 (+27.1%) | +$229 (+4.8%) | $5,005 – $5,710 | 3 |
| 2BR | $4,120 | +$170 (+4.3%) | −$670 (-14.0%) | $2,800 – $5,544 | 15 |
| 2BR | $6,108 | +$2,158 (+54.6%) | +$1,318 (+27.5%) | $6,076 – $6,176 | 4 |
| 3BR | $7,965 | +$1,515 (+23.5%) | +$1,956 (+32.6%) | $7,965 – $7,965 | 1 |
| 3BR | $8,995 | +$2,545 (+39.5%) | +$2,986 (+49.7%) | $8,995 – $9,532 | 5 |
| 4BR | $7,995 | +$3,000 (+60.1%) | — | $7,995 – $7,996 | 4 |
| 4BR | $7,995 | +$3,000 (+60.1%) | — | $7,995 – $7,996 | 4 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Long Island City vs. New York City — November 2022
| Bedrooms | Long Island City Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,254 | $2,148 | +$1,106 (+51.5%) |
| Studio | $2,953 | $2,148 | +$805 (+37.5%) |
| Studio | $3,394 | $2,148 | +$1,246 (+58.0%) |
| 1BR | $3,931 | $2,244 | +$1,687 (+75.2%) |
| 1BR | $4,200 | $2,244 | +$1,957 (+87.2%) |
| 1BR | $4,131 | $2,244 | +$1,887 (+84.1%) |
| 2BR | $5,019 | $2,700 | +$2,319 (+85.9%) |
| 2BR | $4,120 | $2,700 | +$1,420 (+52.6%) |
| 2BR | $6,108 | $2,700 | +$3,408 (+126.2%) |
| 3BR | $7,965 | $3,200 | +$4,765 (+148.9%) |
| 3BR | $8,995 | $3,200 | +$5,795 (+181.1%) |
| 4BR | $7,995 | $3,900 | +$4,095 (+105.0%) |
| 4BR | $7,995 | $3,900 | +$4,095 (+105.0%) |
Citywide figure is the median of zip-level medians across 170 New York City zip codes with listings in November 2022.