LIC, Queens, NY Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in LIC is $4,793, a 9.61% increase compared to the previous year, when the average rent was $4,373.
Studio Apartments at $3,519 offer the most budget-friendly option with 483 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 739 square feet for $4,100, balancing privacy and affordability.
Two-beedroom units at $5,892 offer 993 square feet, perfect for roommates or small families.
Average rent in LIC, Queens, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $4,793 | 780 sq. ft. |
| Studio | $3,519 | 483 sq. ft. |
| 1 Bed | $4,100 | 739 sq. ft. |
| 2 Beds | $5,892 | 993 sq. ft. |
| 3 Beds | n/a | n/a |
LIC, Queens, NY rent trends
Rental prices in LIC, Queens, NY have increased by 9.61% over the past year. The average rent moved from $4,373 to $4,793.
Do most people rent or own in LIC, Queens, NY?
16,282 or 84% of the households in LIC, Queens, NY are renter-occupied while 3,116 or 16% are owner-occupied.
Most affordable neighborhoods in LIC?
Kew Gardens $2,073/month
Far Rockaway $2,075/month
Jamaica $2,164/month
All of these neighborhoods fall below the city wide average of $3,414/month.Most expensive neighborhoods in LIC?
Forest Hills $3,434/month
LIC $4,619/month
Hunters Point $4,802/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Queens, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Hunters Point | $4,802 |
| LIC | $4,619 |
| Forest Hills | $3,434 |
| Old Astoria | $3,390 |
| Jackson Heights | $2,741 |
| Jamaica Hills | $2,508 |
| Elmhurst | $2,406 |
| Ditmars - Steinway | $2,391 |
| Murray Hill | $2,364 |
| Sunnyside | $2,341 |
| Jamaica Estates | $2,217 |
| Downtown Flushing | $2,202 |
| Jamaica | $2,164 |
| Far Rockaway | $2,075 |
| Kew Gardens | $2,073 |
Queens | Rent Comparison by Neighborhood
Rent in LIC is 93% higher than in Ditmars - Steinway
LIC rent is 4% lower than Queens average
Ditmars - Steinway rent is 50% lower than Queens average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all LIC apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.