Monthly Rent Report
Long Island City Rent Report — January 2023
Asking rents in ZIP 11101, New York City, from 494 listings.
Median 1BR rent in Long Island City was $3,700 in January 2023, down 2.6% (−$100) from December 2022 and up 2.8% year-over-year. The middle half of 1BR listings asked between $3,408 and $4,213. That puts Long Island City $1,411 above the New York City citywide 1BR median of $2,289. The month's figures are based on 494 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,177 | +$77 (+2.5%) | +$72 (+2.3%) | $3,177 – $3,177 | 1 |
| Studio | $3,180 | +$80 (+2.6%) | +$75 (+2.4%) | $2,850 – $3,478 | 98 |
| Studio | $3,368 | +$268 (+8.6%) | +$263 (+8.5%) | $3,197 – $3,648 | 8 |
| 1BR | $3,700 | −$100 (-2.6%) | +$100 (+2.8%) | $3,408 – $4,213 | 179 |
| 1BR | $4,041 | +$241 (+6.3%) | +$441 (+12.3%) | $3,853 – $4,304 | 10 |
| 1BR | $4,095 | +$295 (+7.8%) | +$495 (+13.8%) | $4,095 – $4,095 | 1 |
| 2BR | $4,576 | −$927 (-16.8%) | −$412 (-8.3%) | $4,067 – $5,039 | 4 |
| 2BR | $6,059 | +$557 (+10.1%) | +$1,071 (+21.5%) | $5,642 – $6,166 | 3 |
| 2BR | $5,393 | −$110 (-2.0%) | +$405 (+8.1%) | $4,493 – $6,075 | 152 |
| 3BR | $6,995 | −$1,257 (-15.2%) | +$988 (+16.4%) | $6,995 – $6,995 | 1 |
| 3BR | $7,108 | −$1,144 (-13.9%) | +$1,101 (+18.3%) | $4,395 – $8,776 | 37 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Long Island City vs. New York City — January 2023
| Bedrooms | Long Island City Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,177 | $2,197 | +$980 (+44.6%) |
| Studio | $3,180 | $2,197 | +$983 (+44.7%) |
| Studio | $3,368 | $2,197 | +$1,171 (+53.3%) |
| 1BR | $3,700 | $2,289 | +$1,411 (+61.6%) |
| 1BR | $4,041 | $2,289 | +$1,752 (+76.5%) |
| 1BR | $4,095 | $2,289 | +$1,806 (+78.9%) |
| 2BR | $4,576 | $2,700 | +$1,876 (+69.5%) |
| 2BR | $6,059 | $2,700 | +$3,359 (+124.4%) |
| 2BR | $5,393 | $2,700 | +$2,693 (+99.7%) |
| 3BR | $6,995 | $3,200 | +$3,795 (+118.6%) |
| 3BR | $7,108 | $3,200 | +$3,908 (+122.1%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.