Cheap Homes for Rent in LIC Neighborhood of Long Island City, NY from $1,100 (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.

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 27 on 27th priced from $3,100. The Orchard has the second lowest priced unit, which is a Studio apartment currently listed from $3,400. Here are the most affordable LIC apartments for rent in Long Island City, NY:

Apartment ListingModel NameBed/BathPriced From
27 on 27thStudio - F Line with TerraceStudio,1BA$3,100
The OrchardStudioStudio,1BA$3,400
SvenStudio / 1 BathroomStudio,1BA$3,566

Best Value Apartments for Rent in LIC, NY

As of July 05, 2026 the best value apartment in the LIC area is the $4.86 price per square foot 4462 23rd St Model at 4462 23rd St, Unit 1 in the in the Hunters Point neighborhood starting from $6,800. The second greatest value LIC apartment is the 3220 35th St Model at 3220 35th St, Unit 3 starting at $3,950 with a $3.95 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.
4462 23rd St, Unit 14462 23rd St3BR,4BA$4.86
3220 35th St, Unit 33220 35th St2BR,1BA$3.95
3707 36th Ave, Unit 33707 36th Ave2BR,1BA$4.44
3104 31st Ave, Unit 43104 31st Ave2BR,2BA$5.22
3212 23rd St, Unit 33212 23rd St1BR,1BA$3.74
4305 49th St, Unit 24305 49th St2BR,1BA$4.00
3156 31st St, Unit 23156 31st St1BR,1BA$4.50
3434 10th St, Unit 23434 10th St1BR,1BA$3.79
6102 43rd Ave, Unit 16102 43rd Ave1BR,1BA$4.33
27 on 27thStudio - F Line with TerraceStudio ,1BA$6.31

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 $2,200 to $7,614. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in LIC ranging from $1,180 to $7,400.

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 $1,180 to $7,400 with an average monthly rent of $3,790.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.