Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Long Island City area can be challenging. Home prices in Long Island City are now at a median cost of $814,256, higher than the Queens average of $640,998.
The average cost of rent is $2,720/mo in Long Island City, primarily driven by the current value of real estate in the Long Island City area. While nearly 37.95% of residents own their homes outright in Long Island City, 79.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Long Island City is $10,498 per month. Households that rent pay about 25.91% of their income on rent here. Long Island City's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Roosevelt Island, Manhattan, NY: equally priced homes
- North Sutton Area, Manhattan, NY: higher priced homes
- Sunnyside, Queens, NY: less expensive homes
- Murray Hill, Manhattan, NY: higher priced homes
- Upper East Side, Manhattan, NY: higher priced homes
- Astoria, Queens, NY: equally priced homes
- Greenpoint, Brooklyn, NY: higher priced homes
- Kips Bay, Manhattan, NY: equally priced homes
- Midtown, Manhattan, NY: higher priced homes
- Gramercy, Manhattan, NY: higher priced homes
Neighborhoods with Similar Populations
- Valley Oak, Stockton, CA: less expensive homes
- Estrella, Phoenix, AZ: less expensive homes
- Far Northwest, Fort Worth, TX: less expensive homes
- Flagami, Miami, FL: less expensive homes
- Fordham, Bronx, NY: less expensive homes
- Greenpoint, Brooklyn, NY: higher priced homes
- Humboldt Park, Chicago, IL: less expensive homes
- Lone Mountain, Las Vegas, NV: less expensive homes
- University City, San Diego, CA: less expensive homes
- University Heights, Bronx, NY: less expensive homes
All Local Stats
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