Monthly Rent Report
Jamaica Rent Report — July 2023
Asking rents in ZIP 11432, New York City, from 80 listings.
Median 1BR rent in Jamaica was $1,800 in July 2023, down 2.7% (−$50) from June 2023 and down 21.7% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Jamaica $650 below the New York City citywide 1BR median of $2,450. The month's figures are based on 80 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | −$50 (-2.7%) | −$500 (-21.7%) | $1,713 – $2,188 | 7 |
| Studio | $1,650 | −$200 (-10.8%) | −$650 (-28.3%) | $1,625 – $1,763 | 11 |
| Studio | $1,650 | −$200 (-10.8%) | −$650 (-28.3%) | $1,650 – $1,650 | 2 |
| 1BR | $1,800 | −$50 (-2.7%) | −$500 (-21.7%) | $1,800 – $1,800 | 1 |
| 1BR | $1,650 | −$200 (-10.8%) | −$650 (-28.3%) | $1,650 – $1,650 | 4 |
| 1BR | $1,860 | +$10 (+0.5%) | −$440 (-19.1%) | $1,825 – $2,495 | 6 |
| 2BR | $3,162 | +$1,062 (+50.5%) | +$812 (+34.5%) | $2,950 – $3,422 | 8 |
| 2BR | $2,599 | +$499 (+23.8%) | +$249 (+10.6%) | $2,499 – $2,830 | 9 |
| 3BR | $2,800 | −$300 (-9.7%) | −$100 (-3.4%) | $2,800 – $2,800 | 4 |
| 3BR | $5,067 | +$1,967 (+63.4%) | +$2,167 (+74.7%) | $5,033 – $5,100 | 2 |
| 3BR | $2,775 | −$325 (-10.5%) | −$125 (-4.3%) | $2,738 – $2,813 | 2 |
| 4BR | $3,700 | −$800 (-17.8%) | +$900 (+32.1%) | $3,600 – $3,700 | 3 |
| 4BR | $4,850 | +$350 (+7.8%) | +$2,050 (+73.2%) | $4,675 – $5,025 | 2 |
| 4BR | $4,475 | −$25 (-0.6%) | +$1,675 (+59.8%) | $4,313 – $4,638 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — July 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $2,498 | −$697 (-27.9%) |
| Studio | $1,650 | $2,498 | −$847 (-33.9%) |
| Studio | $1,650 | $2,498 | −$847 (-33.9%) |
| 1BR | $1,800 | $2,450 | −$650 (-26.5%) |
| 1BR | $1,650 | $2,450 | −$800 (-32.7%) |
| 1BR | $1,860 | $2,450 | −$590 (-24.1%) |
| 2BR | $3,162 | $2,800 | +$362 (+12.9%) |
| 2BR | $2,599 | $2,800 | −$201 (-7.2%) |
| 3BR | $2,800 | $3,400 | −$600 (-17.6%) |
| 3BR | $5,067 | $3,400 | +$1,667 (+49.0%) |
| 3BR | $2,775 | $3,400 | −$625 (-18.4%) |
| 4BR | $3,700 | $4,200 | −$500 (-11.9%) |
| 4BR | $4,850 | $4,200 | +$650 (+15.5%) |
| 4BR | $4,475 | $4,200 | +$275 (+6.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.