Monthly Rent Report
Jamaica Rent Report — March 2023
Asking rents in ZIP 11432, New York City, from 313 listings.
Median 1BR rent in Jamaica was $700 in March 2023, down 63.2% (−$1,200) from February 2023. The middle half of 1BR listings asked between $700 and $700. That puts Jamaica $1,599 below the New York City citywide 1BR median of $2,299. The month's figures are based on 313 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$49 (-2.9%) | — | $1,650 – $1,700 | 42 |
| Studio | $1,500 | −$199 (-11.7%) | — | $1,500 – $1,500 | 7 |
| Studio | $1,650 | −$49 (-2.9%) | — | $1,613 – $1,700 | 22 |
| 1BR | $700 | −$1,200 (-63.2%) | — | $700 – $700 | 1 |
| 1BR | $1,995 | +$95 (+5.0%) | — | $1,800 – $2,199 | 45 |
| 1BR | $1,778 | −$122 (-6.4%) | — | $1,650 – $1,800 | 19 |
| 2BR | $2,599 | +$100 (+4.0%) | — | $2,499 – $3,100 | 19 |
| 2BR | $2,499 | $0 (0.0%) | — | $2,200 – $2,599 | 44 |
| 2BR | $2,150 | −$349 (-14.0%) | — | $2,150 – $2,150 | 1 |
| 3BR | $2,850 | +$150 (+5.6%) | — | $2,850 – $2,850 | 1 |
| 3BR | $3,500 | +$800 (+29.6%) | — | $3,100 – $3,500 | 15 |
| 3BR | $2,700 | $0 (0.0%) | — | $2,350 – $2,800 | 31 |
| 4BR | $3,300 | −$850 (-20.5%) | — | $3,300 – $3,300 | 4 |
| 4BR | $4,400 | +$250 (+6.0%) | — | $4,000 – $4,800 | 6 |
| 4BR | $4,000 | −$150 (-3.6%) | — | $3,300 – $4,400 | 7 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — March 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $2,200 | −$550 (-25.0%) |
| Studio | $1,500 | $2,200 | −$700 (-31.8%) |
| Studio | $1,650 | $2,200 | −$550 (-25.0%) |
| 1BR | $700 | $2,299 | −$1,599 (-69.6%) |
| 1BR | $1,995 | $2,299 | −$304 (-13.2%) |
| 1BR | $1,778 | $2,299 | −$521 (-22.7%) |
| 2BR | $2,599 | $2,650 | −$51 (-1.9%) |
| 2BR | $2,499 | $2,650 | −$151 (-5.7%) |
| 2BR | $2,150 | $2,650 | −$500 (-18.9%) |
| 3BR | $2,850 | $3,200 | −$350 (-10.9%) |
| 3BR | $3,500 | $3,200 | +$300 (+9.4%) |
| 3BR | $2,700 | $3,200 | −$500 (-15.6%) |
| 4BR | $3,300 | $3,995 | −$695 (-17.4%) |
| 4BR | $4,400 | $3,995 | +$405 (+10.1%) |
| 4BR | $4,000 | $3,995 | +$5 (+0.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.