Cheap Homes for Rent in LIC Neighborhood of Long Island City, NY from $1,200 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the LIC area of 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.

property at 52-25 Van Dam St

$2,275

Total Monthly Price

Total Monthly Price

Base Rent
$2,275

Total Monthly Price
$2,275

1 Bedroom, 1 Bath Condo for Rent

Available Now

52-25 Van Dam St, Unit 2, Unit 2

52-25 Van Dam St
QueensNY11101

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.

LIC, Long Island City, NY Local Guide

Cheapest Available LIC Apartments for Rent

 

The cheapest available apartment rental in the LIC area of Long Island City, NY is a Studio unit found at 41-32 53rd Street priced from $2,650. 5807-5811 32nd Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,950. Here are the most affordable LIC apartments for rent in Long Island City, NY:

Apartment ListingModel NameBed/BathPriced From
41-32 53rd StreetUnit 12Studio,1BA$2,650
5807-5811 32nd Ave2 Beds, 1 bath2BR,1BA$2,950
Eagle LoftsStudio / 1 BathroomStudio,1BA$3,425

Best Value Apartments for Rent in LIC, NY

As of May 21, 2026 the best value apartment in the LIC area is the $2.81 price per square foot 3104 31st Ave Model at 3104 31st Ave, Unit 3 in the in the Ditmars Steinway neighborhood starting from $4,495. The second greatest value LIC apartment is the 3220 35th St Model at 3220 35th St, Unit 3 starting at $3,450 with a $3.45 price per square foot in the Ditmars Steinway neighborhood. Here is today’s list of the best values for LIC apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3104 31st Ave, Unit 33104 31st Ave3BR,1BA$2.81
3220 35th St, Unit 33220 35th St2BR,1BA$3.45
3707 36th Ave, Unit 33707 36th Ave2BR,1BA$3.56
6102 43rd Ave, Unit 26102 43rd Ave2BR,1BA$3.33
Manhattan ParkFlex 2 / 1 Bathroom1BR,1BA$5.65
3212 23rd St, Unit 33212 23rd St1BR,1BA$3.44
3156 31st St, Unit 33156 31st St2BR,1BA$4.24
2821 36th St, Unit 42821 36th St1BR,1BA$4.93
4305 49th St, Unit 14305 49th StStudio ,1BA$3.49
3434 10th St, Unit 13434 10th StStudio ,1BA$4.80

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.

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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.

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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.

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Pet Friendly Lifestyle
Lic, Long Island City, NY

Ranked #3

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about LIC

What type of rentals are currently available in LIC?

There are currently 1503 Apartments for Rent in LIC, NY with pricing that ranges from $2,095 to $7,810. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in LIC ranging from $1,220 to $7,200.

What is the current price range for Rental Homes in LIC?

Today's rental pricing for Homes for Rent, Condos and Townhomes in LIC ranges from $1,220 to $7,200 with an average monthly rent of $3,070.

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

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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.

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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.

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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.

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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.