Monthly Rent Report
Long Island City Rent Report — December 2022
Asking rents in ZIP 11101, New York City, from 219 listings.
Median 1BR rent in Long Island City was $4,341 in December 2022, up 5.1% (+$210) from November 2022 and up 17.7% year-over-year. The middle half of 1BR listings asked between $4,088 and $4,544. That puts Long Island City $2,120 above the New York City citywide 1BR median of $2,222. The month's figures are based on 219 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,254 | $0 (0.0%) | +$146 (+4.7%) | $3,197 – $3,300 | 5 |
| Studio | $3,223 | −$31 (-1.0%) | +$115 (+3.7%) | $3,223 – $3,223 | 1 |
| Studio | $3,100 | −$154 (-4.7%) | −$8 (-0.3%) | $2,950 – $3,450 | 37 |
| 1BR | $4,341 | +$210 (+5.1%) | +$652 (+17.7%) | $4,088 – $4,544 | 3 |
| 1BR | $3,800 | −$331 (-8.0%) | +$111 (+3.0%) | $3,600 – $4,055 | 88 |
| 1BR | $3,723 | −$408 (-9.9%) | +$34 (+0.9%) | $3,583 – $3,833 | 4 |
| 2BR | $5,303 | −$805 (-13.2%) | −$643 (-10.8%) | $4,500 – $5,681 | 58 |
| 2BR | $5,502 | −$606 (-9.9%) | −$444 (-7.5%) | $5,280 – $5,581 | 4 |
| 2BR | $5,396 | −$712 (-11.7%) | −$550 (-9.3%) | $5,039 – $5,752 | 2 |
| 3BR | $8,253 | +$288 (+3.6%) | +$803 (+10.8%) | $7,700 – $8,575 | 8 |
| 3BR | $8,105 | +$140 (+1.8%) | +$655 (+8.8%) | $8,105 – $8,105 | 1 |
| 4BR | $7,800 | −$195 (-2.4%) | — | $7,800 – $7,849 | 4 |
| 4BR | $7,800 | −$195 (-2.4%) | — | $7,800 – $7,849 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Long Island City vs. New York City — December 2022
| Bedrooms | Long Island City Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,254 | $2,098 | +$1,157 (+55.1%) |
| Studio | $3,223 | $2,098 | +$1,126 (+53.7%) |
| Studio | $3,100 | $2,098 | +$1,003 (+47.8%) |
| 1BR | $4,341 | $2,222 | +$2,120 (+95.4%) |
| 1BR | $3,800 | $2,222 | +$1,579 (+71.1%) |
| 1BR | $3,723 | $2,222 | +$1,502 (+67.6%) |
| 2BR | $5,303 | $2,700 | +$2,603 (+96.4%) |
| 2BR | $5,502 | $2,700 | +$2,802 (+103.8%) |
| 2BR | $5,396 | $2,700 | +$2,696 (+99.8%) |
| 3BR | $8,253 | $3,200 | +$5,053 (+157.9%) |
| 3BR | $8,105 | $3,200 | +$4,905 (+153.3%) |
| 4BR | $7,800 | $3,750 | +$4,050 (+108.0%) |
| 4BR | $7,800 | $3,750 | +$4,050 (+108.0%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.