696 properties observed within a 5-mile radius of Long Island City center, average asking rent $7,262.
| Type | Avg asking | Avg effective | Avg sqft | Properties |
|---|---|---|---|---|
| Studio | $3,568 | $3,562 | 516 | 138 |
| 1 bedroom | $6,968 | $6,967 | 725 | 226 |
| 2 bedroom | $8,057 | $8,057 | 1,053 | 179 |
| 3 bedroom | $6,985 | $6,985 | 1,623 | 77 |
| 4+ bedroom | $8,439 | $8,439 | 2,052 | 25 |
Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent.