Monthly Rent Report
Long Island City Rent Report — May 2025
Asking rents in ZIP 11101, New York City, from 402 listings.
Median 1BR rent in Long Island City was $4,693 in May 2025, up 7.2% (+$315) from April 2025 and up 16.0% year-over-year. The middle half of 1BR listings asked between $4,594 and $4,791. That puts Long Island City $1,852 above the New York City citywide 1BR median of $2,841. The month's figures are based on 402 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,340 | −$296 (-8.1%) | −$24 (-0.7%) | $3,156 – $3,360 | 3 |
| Studio | $3,662 | +$26 (+0.7%) | +$298 (+8.8%) | $3,448 – $3,950 | 80 |
| Studio | $3,464 | −$172 (-4.7%) | +$100 (+3.0%) | $3,464 – $3,545 | 25 |
| 1BR | $4,693 | +$315 (+7.2%) | +$648 (+16.0%) | $4,594 – $4,791 | 2 |
| 1BR | $4,092 | −$286 (-6.5%) | +$47 (+1.2%) | $4,092 – $4,092 | 12 |
| 1BR | $4,433 | +$55 (+1.3%) | +$388 (+9.6%) | $3,900 – $4,830 | 165 |
| 2BR | $5,907 | −$293 (-4.7%) | +$443 (+8.1%) | $5,907 – $5,907 | 1 |
| 2BR | $6,504 | +$304 (+4.9%) | +$1,039 (+19.0%) | $5,822 – $7,012 | 92 |
| 2BR | $5,542 | −$658 (-10.6%) | +$78 (+1.4%) | $5,542 – $5,542 | 3 |
| 3BR | $7,351 | +$1,354 (+22.6%) | −$1,681 (-18.6%) | $7,111 – $8,542 | 18 |
| 3BR | $7,002 | +$1,005 (+16.7%) | −$2,030 (-22.5%) | $7,002 – $7,002 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Long Island City vs. New York City — May 2025
| Bedrooms | Long Island City Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,340 | $2,799 | +$541 (+19.3%) |
| Studio | $3,662 | $2,799 | +$863 (+30.8%) |
| Studio | $3,464 | $2,799 | +$665 (+23.8%) |
| 1BR | $4,693 | $2,841 | +$1,852 (+65.2%) |
| 1BR | $4,092 | $2,841 | +$1,251 (+44.0%) |
| 1BR | $4,433 | $2,841 | +$1,592 (+56.1%) |
| 2BR | $5,907 | $3,263 | +$2,645 (+81.1%) |
| 2BR | $6,504 | $3,263 | +$3,241 (+99.3%) |
| 2BR | $5,542 | $3,263 | +$2,280 (+69.9%) |
| 3BR | $7,351 | $3,777 | +$3,574 (+94.6%) |
| 3BR | $7,002 | $3,777 | +$3,225 (+85.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.