Monthly Rent Report
Jamaica Rent Report — September 2023
Asking rents in ZIP 11432, New York City, from 96 listings.
Median 1BR rent in Jamaica was $2,000 in September 2023, down 1.2% (−$24) from August 2023 and up 1.3% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,150. That puts Jamaica $500 below the New York City citywide 1BR median of $2,500. The month's figures are based on 96 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | −$475 (-21.8%) | −$100 (-5.6%) | $1,607 – $1,763 | 23 |
| Studio | $1,650 | −$525 (-24.1%) | −$150 (-8.3%) | $1,650 – $1,650 | 1 |
| Studio | $1,795 | −$380 (-17.5%) | −$5 (-0.3%) | $1,795 – $1,796 | 4 |
| 1BR | $2,000 | −$24 (-1.2%) | +$25 (+1.3%) | $2,000 – $2,150 | 8 |
| 1BR | $2,199 | +$175 (+8.6%) | +$224 (+11.3%) | $2,099 – $2,200 | 17 |
| 2BR | $2,600 | −$1,359 (-34.3%) | −$125 (-4.6%) | $2,550 – $2,695 | 3 |
| 2BR | $2,599 | −$1,360 (-34.4%) | −$126 (-4.6%) | $2,500 – $2,789 | 20 |
| 3BR | $3,200 | −$400 (-11.1%) | $0 (0.0%) | $2,900 – $3,300 | 13 |
| 4BR | $4,800 | +$100 (+2.1%) | +$300 (+6.7%) | $4,525 – $4,800 | 4 |
| 4BR | $4,800 | +$100 (+2.1%) | +$300 (+6.7%) | $4,800 – $4,800 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — September 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $2,400 | −$700 (-29.2%) |
| Studio | $1,650 | $2,400 | −$750 (-31.3%) |
| Studio | $1,795 | $2,400 | −$605 (-25.2%) |
| 1BR | $2,000 | $2,500 | −$500 (-20.0%) |
| 1BR | $2,199 | $2,500 | −$301 (-12.0%) |
| 2BR | $2,600 | $3,000 | −$400 (-13.3%) |
| 2BR | $2,599 | $3,000 | −$401 (-13.4%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 4BR | $4,800 | $4,325 | +$475 (+11.0%) |
| 4BR | $4,800 | $4,325 | +$475 (+11.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.