Monthly Rent Report
Long Island City Rent Report — June 2024
Asking rents in ZIP 11101, New York City, from 1,139 listings.
Median 1BR rent in Long Island City was $4,541 in June 2024, up 14.1% (+$560) from May 2024 and down 0.2% year-over-year. The middle half of 1BR listings asked between $3,973 and $4,626. That puts Long Island City $2,091 above the New York City citywide 1BR median of $2,450. The month's figures are based on 1,139 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,681 | +$299 (+8.8%) | −$69 (-1.8%) | $3,363 – $3,696 | 3 |
| Studio | $3,300 | −$82 (-2.4%) | −$450 (-12.0%) | $3,100 – $3,556 | 179 |
| Studio | $3,438 | +$56 (+1.6%) | −$312 (-8.3%) | $3,100 – $3,583 | 62 |
| 1BR | $4,541 | +$560 (+14.1%) | −$9 (-0.2%) | $3,973 – $4,626 | 10 |
| 1BR | $4,084 | +$103 (+2.6%) | −$466 (-10.2%) | $3,700 – $4,375 | 381 |
| 1BR | $4,117 | +$136 (+3.4%) | −$433 (-9.5%) | $3,656 – $4,417 | 98 |
| 2BR | $5,750 | −$515 (-8.2%) | −$1,222 (-17.5%) | $5,088 – $6,500 | 232 |
| 2BR | $5,613 | −$652 (-10.4%) | −$1,360 (-19.5%) | $5,150 – $6,395 | 80 |
| 2BR | $2,750 | −$3,515 (-56.1%) | −$4,222 (-60.6%) | $2,750 – $2,750 | 1 |
| 2BR | $6,348 | +$83 (+1.3%) | −$624 (-9.0%) | $6,268 – $6,987 | 3 |
| 3BR | $7,200 | +$825 (+12.9%) | +$561 (+8.5%) | $4,250 – $8,500 | 57 |
| 3BR | $6,700 | +$325 (+5.1%) | +$61 (+0.9%) | $5,580 – $7,357 | 26 |
| 3BR | $7,315 | +$940 (+14.7%) | +$676 (+10.2%) | $7,303 – $7,412 | 3 |
| 4BR | $5,050 | −$150 (-2.9%) | — | $4,975 – $5,125 | 2 |
| 4BR | $5,050 | −$150 (-2.9%) | — | $4,975 – $5,125 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Long Island City vs. New York City — June 2024
| Bedrooms | Long Island City Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,681 | $2,440 | +$1,241 (+50.9%) |
| Studio | $3,300 | $2,440 | +$860 (+35.2%) |
| Studio | $3,438 | $2,440 | +$998 (+40.9%) |
| 1BR | $4,541 | $2,450 | +$2,091 (+85.3%) |
| 1BR | $4,084 | $2,450 | +$1,634 (+66.7%) |
| 1BR | $4,117 | $2,450 | +$1,667 (+68.0%) |
| 2BR | $5,750 | $2,900 | +$2,850 (+98.3%) |
| 2BR | $5,613 | $2,900 | +$2,713 (+93.5%) |
| 2BR | $2,750 | $2,900 | −$150 (-5.2%) |
| 2BR | $6,348 | $2,900 | +$3,448 (+118.9%) |
| 3BR | $7,200 | $3,600 | +$3,600 (+100.0%) |
| 3BR | $6,700 | $3,600 | +$3,100 (+86.1%) |
| 3BR | $7,315 | $3,600 | +$3,715 (+103.2%) |
| 4BR | $5,050 | $4,256 | +$794 (+18.6%) |
| 4BR | $5,050 | $4,256 | +$794 (+18.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.