{"id":131447,"date":"2026-02-12T17:27:27","date_gmt":"2026-02-12T17:27:27","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/131447\/"},"modified":"2026-02-12T17:27:27","modified_gmt":"2026-02-12T17:27:27","slug":"median-rent-rose-over-10-year-over-year-in-january-2026-across-northwest-queens-listing-inventory-suffers-steep-drop-report-qns","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/131447\/","title":{"rendered":"Median rent rose over 10% year-over-year in January 2026 across northwest Queens, listing inventory suffers steep drop: report \u2013 QNS"},"content":{"rendered":"<p>\t\t\t\t<img width=\"612\" height=\"376\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/02\/Astoria-gettyimages-165493611-612x612-1.jpg\" class=\"crop-center wp-post-image\" alt=\"median rent\" decoding=\"async\" fetchpriority=\"high\"  \/>\t\t\t<\/p>\n<p>Northwest Queens experienced a surge in median rent from January 2025 to January 2026.<\/p>\n<p>Photo via Getty Images<\/p>\n<p>The median rent of apartments across northwest Queens went up significantly year-over-year in January 2026, while the inventory of available listings plummeted over this same period of time, according to a <a href=\"https:\/\/elliman.com\/media\/Rental_01_2026_405f4200aa.pdf\" target=\"_blank\" rel=\"noopener nofollow\">report<\/a> by the real estate company <a href=\"https:\/\/www.elliman.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Douglas Elliman Real Estate<\/a>.<\/p>\n<p>The median rent there rose 10.4%, from $3,400 in <a href=\"https:\/\/qns.com\/2025\/02\/northwest-queens-sees-significant-rent-and-lease-growth-in-january-2025\/\" rel=\"nofollow noopener\" target=\"_blank\">January 2025<\/a> to $3,754 in January 2026. Studios, one-bedroom units, two-bedroom units and three-bedroom units all went up in median rent as well, reflecting the big overall jump.<\/p>\n<p>Listing inventory decreased 16.8% in northwest Queens, from 1,090 in 2025 to 907 in 2026. One contributing factor to this steep drop was a slight decline in new leases, down 0.3%, from 670 last year to 668 this year. The smaller inventory of units led to a larger share of those that were available to have bidding wars. After 20.2% of available units went into bidding wars in January 2025, that percentage increased to 25.7% in January 2026.<\/p>\n<p>Studios had the smallest gains, at 0.9%, from $3,150 in 2025 to $3,177 in 2026. Unlike the overall trends, new lease signings went up among studios. There was an 8.1% boost, from 99 new leases last year to 107 this year.<\/p>\n<p>One-bedroom units saw median rent rise by 4.8%, from $3,431 in 2025 to $3,597 in 2026. New leases also increased among one-bedroom units, at 2.4%, from 336 last year to 344 this year.\n<\/p>\n<p>Two-bedroom units had the median rent soar 31.5%, from $3,725 in 2025 to $4,900 in 2026. There was a decrease in new leases signed, reflecting the downward trend among all unit types. New leases dropped 2.1%, from 192 last year to 188 this year.<\/p>\n<p>Three-bedroom units had the most significant jump in median rent, at 31.6%, from $4,000 in 2025 to $5,264 in 2026. At the same time, these units also experienced the steepest decline in new leases, at 32.6%, from 43 last year to 29 this year.<\/p>\n","protected":false},"excerpt":{"rendered":"Northwest Queens experienced a surge in median rent from January 2025 to January 2026. Photo via Getty Images&hellip;\n","protected":false},"author":2,"featured_media":131448,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[2543,2544,22472,9,24,63,122,124,123],"class_list":{"0":"post-131447","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-queens","8":"tag-douglas-elliman-real-estate","9":"tag-listing-inventory","10":"tag-median-rent","11":"tag-new-york","12":"tag-new-york-city","13":"tag-nyc","14":"tag-queens","15":"tag-queens-headlines","16":"tag-queens-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/131447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=131447"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/131447\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/131448"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=131447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=131447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=131447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}