Cheap Homes for Rent in Long Island City, NY from $1,200 (148 Rentals)

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property at 322 E 120th St

322 E 120th St

New YorkNY10035

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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Long Island City, NY Local Guide

Cheapest Neighborhoods for Apartments in Long Island City, NY

Pricing Updated: 06/24/2025

Current apartment rentals in the Long Island City, NY area range in price from $1,170 to $17,980 with an overall median price of $5,762. The three Long Island City neighborhoods with the lowest median rent pricing are Blissville at $2,500, Ravenswood at $2,650, and Sunnyside at $1,909. 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
Blissville$4,500$2,5004
Ravenswood$4,500$2,6505
Sunnyside$4,500$1,9097
Hunters Point South$5,945$3,1758
LIC$5,975$1,17068
Queens Bridge$6,676$1,17030
Downtown Astoria$7,000$1,17046
Halletts Cove$7,000$2,50056

Cheapest Available Long Island City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Long Island City, NY is a Studio unit found at 14 St Marks Pl in the Gramercy-Flatiron neighborhood priced from $1,100. The Reserve in the Uptown neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,860. Here is today’s list of the most affordable Long Island City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
14 St Marks PlSTUStudio,$1,100
The Reserve4 Bed 2 Bath - D4BR,2BA$1,860
224 E 59th StFurnished Room2BR,1BA$2,200
47-05 45th StreetStudioStudio,1BA$2,250
Denizen BSHWKStudioStudio,1BA$2,538
112 East 7th Street112 EAST 7TH STREET - STUDIO / 1 BATHStudio,1BA$2,600

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

As of June 24, 2025 the best value apartment in the Long Island City area is the $3.53 price per square foot 3104 31st Ave Model at 3104 31st Ave, Unit 3 in the in the Ditmars Steinway neighborhood starting from $5,650. The second greatest value Long Island City apartment is the 2122 43rd St Model at 2122 43rd St, Unit 1 starting at $3,799 with a $3.17 price per square foot in the Astoria Heights 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.
3104 31st Ave, Unit 33104 31st Ave3BR,2BA$3.53
2122 43rd St, Unit 12122 43rd St3BR,1.5BA$3.17
2121 43rd St, Unit 1st floor2121 43rd St3BR,1.5BA$2.92
5438 Arnold Ave, Unit 1R5438 Arnold Ave3BR,1.5BA$3.50
32 East 7th Street32 EAST 7TH STREET - 2 BR / 1 BATH2BR,1BA$3.33
2249 37th St, Unit 2A2249 37th St1BR,1BA$3.35
1370-1374 York Ave2BR/1BA2BR,1BA$3.31
6094 Flushing Ave, Unit 6094 Flushing Avenue6094 Flushing Ave2BR,1BA$3.60
3220 35th St, Unit 23220 35th St1BR,1BA$3.68
1829 26th Ave, Unit 31829 26th Ave1BR,1BA$3.68

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Frequently Asked Questions about Long Island City

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

There are currently 16073 Apartments for Rent in Long Island City, NY with pricing that ranges from $1,100 to $100,000. There are also 1222 Single Family Homes for rent, Condos, and Townhome rentals currently available in Long Island City ranging from $1,200 to $50,000.

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 $1,200 to $50,000 with an average monthly rent of $10,955.

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 $1,225 to $100,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,695 to $35,000. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $1,170.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.