Rent snapshot: Brooklyn, Queens and Long Island
A few public rent figures for owners, as of October 2026.
In September 2026, median asking rents in Brooklyn and Queens were higher than in September 2025. The NYC Rent Guidelines Board set 0% for rent-stabilized leases starting October 1, 2026. HUD's Fair Market Rents for Nassau and Suffolk were lower for FY2027 than for FY2026.
$3,945
$3,400
0%
$2,689
Method
Market rents by area
Two public measures, all unit sizes. StreetEasy reports the middle asking rent of rental listings on StreetEasy during the month. Zillow's Observed Rent Index is a smoothed measure of typical listed rents across homes and apartments in the county. They measure different things, so the numbers differ. Asking rents are not signed lease rents.
| Area | StreetEasy median asking rent, Sep 2026 | Change from Sep 2025 | Zillow Observed Rent Index, Sep 2026 | Change from Sep 2025 |
|---|---|---|---|---|
| Brooklyn (Kings County) | $3,945 | +3.8% | $3,858 | +5.2% |
| Queens | $3,400 | +4.7% | $3,273 | +3.7% |
| Nassau County | Not covered | - | $3,646 | +3.3% |
| Suffolk County | Not covered | - | $3,352 | +6.8% |
Rent-stabilized apartments in New York City
The NYC Rent Guidelines Board sets the lease adjustments for rent-stabilized apartments in the city each year. They do not apply to market-rate apartments.
| Leases starting | 1-year lease | 2-year lease | Source |
|---|---|---|---|
| October 1, 2026 to September 30, 2027 | 0% | 0% | Order #58, adopted June 25, 2026 |
| October 1, 2025 to September 30, 2026 | 3% | 4.5% | Order #57, adopted June 30, 2025 |
HUD Fair Market Rents for Nassau and Suffolk
HUD publishes one set of Fair Market Rents for the Nassau-Suffolk area. They are HUD's estimate of the 40th-percentile gross rent (rent plus most tenant-paid utilities) for standard-quality units, used in HUD programs. They are not market asking rents. Source: HUD FY2027 Fair Market Rents.
| Unit size | FY2027 (from Oct 1, 2026) | FY2026 | Change |
|---|---|---|---|
| Studio | $1,964 | $1,992 | -1.4% |
| 1 bedroom | $2,285 | $2,379 | -4.0% |
| 2 bedrooms | $2,689 | $2,747 | -2.1% |
| 3 bedrooms | $3,458 | $3,563 | -2.9% |
| 4 bedrooms | $3,671 | $3,768 | -2.6% |
What this may mean for owners
- Both measures show Brooklyn and Queens asking rents higher in September 2026 than a year earlier. One building can differ from the borough figure.
- For rent-stabilized apartments in New York City, the guideline for 1- and 2-year leases starting October 1, 2026 to September 30, 2027 is 0%.
- Where a housing program uses Fair Market Rents, the agency that runs it may set its own payment amounts, so check current figures with that agency.
- For a figure for your own property, you can request a free rent estimate.
General information only, not legal, tax or financial advice. Check the source before relying on a figure.
Sources
Area guides
Start with a free management quote.
Every property is quoted individually. Contact for pricing.