{"id":38468,"date":"2025-11-13T17:40:07","date_gmt":"2025-11-13T17:40:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/38468\/"},"modified":"2025-11-13T17:40:07","modified_gmt":"2025-11-13T17:40:07","slug":"median-rent-rose-in-northwest-queens-year-over-year-in-october-2025-new-leases-trend-up-for-first-time-in-four-months-report-qns","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/38468\/","title":{"rendered":"Median rent rose in northwest Queens year-over-year in October 2025, new leases trend up for first time in four months: report \u2013 QNS"},"content":{"rendered":"<p>\t\t\t\t<img width=\"612\" height=\"415\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2025\/11\/gettyimages-1154599233-612x612-1.jpg\" class=\"crop-center wp-post-image\" alt=\"median rent\" decoding=\"async\" fetchpriority=\"high\"  \/>\t\t\t<\/p>\n<p>The median rent and number of new leases increased year-over-year in October 2025 across northwest Queens.<\/p>\n<p>Photo via Getty Images<\/p>\n<p>Rental units across northwest Queens maintained an upward trend in median rental price year-over-year in October 2025, while the number of new leases increased for the first time since June, according to a <a href=\"https:\/\/elliman.com\/media\/Rental_10_2025_797db9aa16.pdf\" target=\"_blank\" rel=\"noopener nofollow\">report<\/a> by <a href=\"https:\/\/www.elliman.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Douglas Elliman Real Estate<\/a>.<\/p>\n<p>The median rental price in northwest Queens, which includes the neighborhoods of <a href=\"https:\/\/qns.com\/neighborhoods\/astoria\/\" rel=\"nofollow noopener\" target=\"_blank\">Astoria<\/a>,\u00a0<a href=\"https:\/\/qns.com\/neighborhoods\/long-island-city\/\" rel=\"nofollow noopener\" target=\"_blank\">Long Island City<\/a>,\u00a0<a href=\"https:\/\/qns.com\/neighborhoods\/sunnyside\/\" rel=\"nofollow noopener\" target=\"_blank\">Sunnyside<\/a>\u00a0and\u00a0<a href=\"https:\/\/qns.com\/neighborhoods\/woodside\/\" rel=\"nofollow noopener\" target=\"_blank\">Woodside<\/a>, went up 7.4%, from $3,350 in October 2024 to $3,598 in October 2025. This rental metric rose more than twice as fast as the 3% inflation rate in the United States.<\/p>\n<p>For the first time in four months, the number of new leases signed went up year-over-year. There was a 3.7% increase, from 723 in October 2024 to 750 in October 2025.\n<\/p>\n<p>Over the same period of time, the listing inventory across northwest Queens experienced a large jump. Inventory went up 26.3%, from 938 in October 2024 to 1,185 in October 2025.\n<\/p>\n<p>The upward trajectories in median rental price and new leases were largely reflected in the trends among each type of rental unit.\n<\/p>\n<p>Studios had median rent go up 2.8%, from $2,995 in 2024 to $3,080 in 2025. Additionally, new leases of these units went up 1.8%, from 113 last year to 115 this year.\n<\/p>\n<p>One-bedroom units experienced a 10.5% increase in median rent, rising from $3,100 in 2024 to $3,425 in 2025. New leases climbed 8.5%, from 342 last year to 371 this year.\n<\/p>\n<p>Two-bedroom units had the only outlier compared to the overall trends of median rent and new leases. Like the other apartments, the median rent rose among two-bedroom units, having increased 9.6%, from $3,995 in 2024 to $4,337 in 2025. However, unlike with the other unit types, the number of new leases went down over this period of time. New leases decreased 2.2%, from 229 last year to 224 this year.<\/p>\n<p>Three-bedroom units returned to reflecting the overall trends. The median rent for these units jumped 17.1%, from $4,250 in 2024 to $4,975 in 2025. The number of new leases climbed 2.6%, from 39 last year to 40 this year.<\/p>\n","protected":false},"excerpt":{"rendered":"The median rent and number of new leases increased year-over-year in October 2025 across northwest Queens. Photo via&hellip;\n","protected":false},"author":2,"featured_media":38469,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[2543,22472,22473,22474,22475,9,24,63,122,124,123],"class_list":["post-38468","post","type-post","status-publish","format-standard","has-post-thumbnail","category-queens","tag-douglas-elliman-real-estate","tag-median-rent","tag-median-rental-price","tag-median-rental-prices","tag-new-leases","tag-new-york","tag-new-york-city","tag-nyc","tag-queens","tag-queens-headlines","tag-queens-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/38468","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=38468"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/38468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/38469"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=38468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=38468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=38468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}