Monthly Rent Report
Jamaica Rent Report — October 2023
Asking rents in ZIP 11432, New York City, from 484 listings.
Median 1BR rent in Jamaica was $2,395 in October 2023, up 8.9% (+$196) from September 2023 and down 12.1% year-over-year. The middle half of 1BR listings asked between $2,150 and $2,672. That puts Jamaica $55 below the New York City citywide 1BR median of $2,450. The month's figures are based on 484 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | +$100 (+6.1%) | −$78 (-4.3%) | $1,699 – $1,795 | 37 |
| Studio | $1,700 | +$50 (+3.0%) | −$128 (-7.0%) | $1,625 – $1,825 | 69 |
| Studio | $1,650 | $0 (0.0%) | −$178 (-9.8%) | $1,650 – $1,650 | 1 |
| 1BR | $2,395 | +$196 (+8.9%) | −$330 (-12.1%) | $2,150 – $2,672 | 124 |
| 1BR | $1,900 | −$299 (-13.6%) | −$825 (-30.3%) | $1,763 – $2,020 | 4 |
| 1BR | $3,248 | +$1,049 (+47.7%) | +$523 (+19.2%) | $3,200 – $3,295 | 4 |
| 2BR | $3,825 | +$1,226 (+47.2%) | +$1,514 (+65.5%) | $2,675 – $3,895 | 40 |
| 2BR | $3,140 | +$541 (+20.8%) | +$829 (+35.9%) | $2,599 – $3,850 | 83 |
| 3BR | $2,900 | −$300 (-9.4%) | +$100 (+3.6%) | $2,800 – $3,400 | 44 |
| 3BR | $2,800 | −$400 (-12.5%) | $0 (0.0%) | $2,750 – $3,250 | 7 |
| 3BR | $2,800 | −$400 (-12.5%) | $0 (0.0%) | $2,800 – $3,500 | 9 |
| 4BR | $4,400 | −$400 (-8.3%) | +$1,400 (+46.7%) | $3,775 – $5,000 | 10 |
| 4BR | $4,000 | −$800 (-16.7%) | +$1,000 (+33.3%) | $3,500 – $4,400 | 19 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — October 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $2,411 | −$660 (-27.4%) |
| Studio | $1,700 | $2,411 | −$710 (-29.5%) |
| Studio | $1,650 | $2,411 | −$760 (-31.5%) |
| 1BR | $2,395 | $2,450 | −$55 (-2.2%) |
| 1BR | $1,900 | $2,450 | −$550 (-22.4%) |
| 1BR | $3,248 | $2,450 | +$798 (+32.6%) |
| 2BR | $3,825 | $2,900 | +$925 (+31.9%) |
| 2BR | $3,140 | $2,900 | +$240 (+8.3%) |
| 3BR | $2,900 | $3,349 | −$449 (-13.4%) |
| 3BR | $2,800 | $3,349 | −$549 (-16.4%) |
| 3BR | $2,800 | $3,349 | −$549 (-16.4%) |
| 4BR | $4,400 | $4,200 | +$200 (+4.8%) |
| 4BR | $4,000 | $4,200 | −$200 (-4.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.