Cheap Homes for Rent in Long Island City, NY from $1,200 (314 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Long Island City.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Long Island City, NY Local Guide

Cheapest Neighborhoods for Apartments in Long Island City, NY

Pricing Updated: 05/24/2026

Current apartment rentals in the Long Island City, NY area range in price from $1,900 to $15,995 with an overall median price of $5,151. The three Long Island City neighborhoods with the lowest median rent pricing are Sunnyside at $2,095, Halletts Cove at $2,400, and Blissville at $2,400. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Long Island City Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sunnyside$3,500$2,0955
Halletts Cove$4,297$2,4008
Blissville$4,500$2,4003
Downtown Astoria$4,600$1,95022
LIC$4,600$2,09529
Ravenswood$5,240$2,4004
Queens Bridge$6,278$2,65010
Hunters Point South$8,200$1,900213

Cheapest Available Long Island City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Long Island City, NY is a 4 Beds unit found at The Reserve in the Uptown neighborhood priced from $1,595. 154 East 37th Street in the Gramercy-Flatiron neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,450. Here is today’s list of the most affordable Long Island City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The ReserveFurnished Room in a 4 Bedroom 2 Bathroom (O4)4BR,2BA$1,595
154 East 37th StreetStudio, 1 BathStudio,1BA$2,450
41-32 53rd StreetUnit 12Studio,1BA$2,650
Woodside CentralStudioStudio,1BA$2,675

Best Value Apartments for Rent in Long Island City, NY and Nearby

As of May 25, 2026 the best value apartment in the Long Island City area is the $3.21 price per square foot 2431 43rd St Model at 2431 43rd St, Unit 2 in the in the Astoria Heights neighborhood starting from $4,494. The second greatest value Long Island City apartment is the 699 Prospect Ave Model at 699 Prospect Ave, Unit Unit #2 starting at $2,750 with a $2.75 price per square foot in the Melrose neighborhood. Here is today’s list of the best values for Long Island City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2431 43rd St, Unit 22431 43rd St3BR,1BA$3.21
699 Prospect Ave, Unit Unit #2699 Prospect Ave3BR,1BA$2.75
3220 35th St, Unit 33220 35th St2BR,1BA$3.45
3404 76th St, Unit 13404 76th St2BR,1BA$3.60
6102 43rd Ave, Unit 26102 43rd Ave2BR,1BA$3.33
3707 36th Ave, Unit 33707 36th Ave2BR,1BA$3.56
2122 43rd St, Unit 32122 43rd St1BR,1BA$3.44
3212 23rd St, Unit 33212 23rd St1BR,1BA$3.44
2819 21st Ave, Unit 12819 21st Ave1BR,1BA$3.93
4305 49th St, Unit 14305 49th StStudio ,1BA$3.49

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Long Island City, NY Rentals by Map

View Map
Long Island City, NY Apartments Map
View Map
Long Island City, NY Rental Homes Map

Frequently Asked Questions about Long Island City

What type of rentals are currently available in Long Island City?

There are currently 16068 Apartments for Rent in Long Island City, NY with pricing that ranges from $1,000 to $40,401. There are also 1507 Single Family Homes for rent, Condos, and Townhome rentals currently available in Long Island City ranging from $1,250 to $57,500.

What is the current price range for Rental Homes in Long Island City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Long Island City ranges from $1,250 to $57,500 with an average monthly rent of $4,016.

How much are larger Three and Four Bedroom Rentals in Long Island City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Long Island City range from $2,510 to $40,401, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,430 to $30,000. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,708.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.