Monthly Rent Report
Jamaica Rent Report — May 2023
Asking rents in ZIP 11432, New York City, from 176 listings.
Median 1BR rent in Jamaica was $1,900 in May 2023, flat versus April 2023 and down 0.8% year-over-year. The middle half of 1BR listings asked between $1,900 and $1,900. That puts Jamaica $577 below the New York City citywide 1BR median of $2,477. The month's figures are based on 176 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,687 | +$37 (+2.2%) | −$278 (-14.1%) | $1,600 – $1,738 | 34 |
| Studio | $1,666 | +$16 (+1.0%) | −$299 (-15.2%) | $1,600 – $1,700 | 11 |
| Studio | $2,150 | +$500 (+30.3%) | +$185 (+9.4%) | $2,150 – $2,150 | 1 |
| 1BR | $1,900 | $0 (0.0%) | −$14 (-0.8%) | $1,900 – $1,900 | 1 |
| 1BR | $1,900 | $0 (0.0%) | −$14 (-0.8%) | $1,750 – $2,199 | 29 |
| 1BR | $1,800 | −$100 (-5.3%) | −$114 (-6.0%) | $1,700 – $2,124 | 6 |
| 2BR | $2,100 | −$900 (-30.0%) | −$100 (-4.5%) | $2,050 – $2,150 | 2 |
| 2BR | $3,000 | $0 (0.0%) | +$800 (+36.4%) | $2,599 – $3,375 | 9 |
| 2BR | $3,000 | $0 (0.0%) | +$800 (+36.4%) | $2,549 – $3,388 | 23 |
| 3BR | $2,300 | −$1,050 (-31.3%) | −$550 (-19.3%) | $2,100 – $3,200 | 5 |
| 3BR | $3,000 | −$350 (-10.4%) | +$150 (+5.3%) | $2,724 – $3,400 | 24 |
| 3BR | $2,500 | −$850 (-25.4%) | −$350 (-12.3%) | $2,500 – $2,800 | 5 |
| 4BR | $4,750 | +$250 (+5.6%) | +$1,150 (+31.9%) | $4,500 – $5,200 | 14 |
| 4BR | $4,800 | +$300 (+6.7%) | +$1,200 (+33.3%) | $4,800 – $4,800 | 1 |
| 4BR | $4,500 | $0 (0.0%) | +$900 (+25.0%) | $4,500 – $5,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — May 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,687 | $2,450 | −$763 (-31.1%) |
| Studio | $1,666 | $2,450 | −$784 (-32.0%) |
| Studio | $2,150 | $2,450 | −$300 (-12.2%) |
| 1BR | $1,900 | $2,477 | −$577 (-23.3%) |
| 1BR | $1,900 | $2,477 | −$577 (-23.3%) |
| 1BR | $1,800 | $2,477 | −$677 (-27.3%) |
| 2BR | $2,100 | $2,800 | −$700 (-25.0%) |
| 2BR | $3,000 | $2,800 | +$200 (+7.1%) |
| 2BR | $3,000 | $2,800 | +$200 (+7.1%) |
| 3BR | $2,300 | $3,225 | −$925 (-28.7%) |
| 3BR | $3,000 | $3,225 | −$225 (-7.0%) |
| 3BR | $2,500 | $3,225 | −$725 (-22.5%) |
| 4BR | $4,750 | $4,000 | +$750 (+18.8%) |
| 4BR | $4,800 | $4,000 | +$800 (+20.0%) |
| 4BR | $4,500 | $4,000 | +$500 (+12.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.