Monthly Rent Report
Jamaica Rent Report — August 2023
Asking rents in ZIP 11432, New York City, from 86 listings.
Median 1BR rent in Jamaica was $2,091 in August 2023, up 12.4% (+$231) from July 2023 and down 0.4% year-over-year. The middle half of 1BR listings asked between $2,081 and $2,475. That puts Jamaica $260 below the New York City citywide 1BR median of $2,350. The month's figures are based on 86 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,737 | +$87 (+5.3%) | +$138 (+8.6%) | $1,731 – $1,744 | 2 |
| Studio | $2,175 | +$525 (+31.8%) | +$576 (+36.0%) | $2,175 – $2,175 | 1 |
| Studio | $1,799 | +$149 (+9.0%) | +$200 (+12.5%) | $1,799 – $1,799 | 1 |
| 1BR | $2,091 | +$231 (+12.4%) | −$8 (-0.4%) | $2,081 – $2,475 | 6 |
| 1BR | $1,250 | −$610 (-32.8%) | −$849 (-40.4%) | $1,250 – $1,250 | 2 |
| 1BR | $2,025 | +$165 (+8.8%) | −$74 (-3.5%) | $1,865 – $2,124 | 4 |
| 2BR | $3,959 | +$798 (+25.2%) | +$1,509 (+61.6%) | $3,959 – $3,959 | 3 |
| 2BR | $3,959 | +$798 (+25.2%) | +$1,509 (+61.6%) | $3,959 – $3,959 | 4 |
| 2BR | $3,250 | +$89 (+2.8%) | +$800 (+32.7%) | $3,250 – $3,250 | 1 |
| 3BR | $2,950 | +$175 (+6.3%) | −$545 (-15.6%) | $2,925 – $2,950 | 3 |
| 3BR | $3,200 | +$425 (+15.3%) | −$295 (-8.4%) | $2,950 – $3,500 | 29 |
| 3BR | $3,600 | +$825 (+29.7%) | +$105 (+3.0%) | $3,600 – $3,600 | 2 |
| 4BR | $4,475 | −$375 (-7.7%) | — | $3,925 – $5,513 | 10 |
| 4BR | $4,000 | −$850 (-17.5%) | — | $3,850 – $5,500 | 3 |
| 4BR | $4,700 | −$150 (-3.1%) | — | $4,150 – $4,700 | 5 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — August 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,737 | $2,490 | −$753 (-30.2%) |
| Studio | $2,175 | $2,490 | −$315 (-12.7%) |
| Studio | $1,799 | $2,490 | −$691 (-27.8%) |
| 1BR | $2,091 | $2,350 | −$259 (-11.0%) |
| 1BR | $1,250 | $2,350 | −$1,100 (-46.8%) |
| 1BR | $2,025 | $2,350 | −$325 (-13.9%) |
| 2BR | $3,959 | $2,859 | +$1,100 (+38.5%) |
| 2BR | $3,959 | $2,859 | +$1,100 (+38.5%) |
| 2BR | $3,250 | $2,859 | +$391 (+13.7%) |
| 3BR | $2,950 | $3,413 | −$462 (-13.6%) |
| 3BR | $3,200 | $3,413 | −$212 (-6.2%) |
| 3BR | $3,600 | $3,413 | +$188 (+5.5%) |
| 4BR | $4,475 | $4,200 | +$275 (+6.5%) |
| 4BR | $4,000 | $4,200 | −$200 (-4.8%) |
| 4BR | $4,700 | $4,200 | +$500 (+11.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.