Monthly Rent Report
Long Island City Rent Report — September 2024
Asking rents in ZIP 11101, New York City, from 17 listings.
Median 1BR rent in Long Island City was $4,331 in September 2024, down 1.1% (−$50) from August 2024 and up 44.4% year-over-year. The middle half of 1BR listings asked between $4,088 and $4,470. That puts Long Island City $1,938 above the New York City citywide 1BR median of $2,393. The month's figures are based on 17 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,334 | −$378 (-10.2%) | −$393 (-10.6%) | $3,288 – $3,431 | 4 |
| 1BR | $4,331 | −$50 (-1.1%) | +$1,331 (+44.4%) | $4,088 – $4,470 | 6 |
| 2BR | $6,150 | −$435 (-6.6%) | −$503 (-7.6%) | $5,767 – $6,285 | 4 |
| 3BR | $7,882 | −$918 (-10.4%) | +$1,014 (+14.8%) | $7,882 – $7,882 | 1 |
| 4BR | $3,500 | — | — | $3,500 – $3,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Long Island City vs. New York City — September 2024
| Bedrooms | Long Island City Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,334 | $2,369 | +$965 (+40.7%) |
| 1BR | $4,331 | $2,393 | +$1,938 (+81.0%) |
| 2BR | $6,150 | $2,900 | +$3,250 (+112.1%) |
| 3BR | $7,882 | $3,598 | +$4,285 (+119.1%) |
| 4BR | $3,500 | $4,295 | −$795 (-18.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.