Monthly Rent Report

Jamaica Rent Report — December 2023

Asking rents in ZIP 11432, New York City, from 61 listings.

Median 1BR rent in Jamaica was $2,200 in December 2023, up 4.8% (+$101) from November 2023 and down 21.4% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Jamaica $200 below the New York City citywide 1BR median of $2,400. The month's figures are based on 61 listings across 16 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2023Vs. December 2022P25–P75 RangeListings
Studio$1,550−$160 (-9.4%)−$125 (-7.5%)$1,550 – $1,5503
Studio$1,700−$10 (-0.6%)+$25 (+1.5%)$1,650 – $1,7504
Studio$1,700−$10 (-0.6%)+$25 (+1.5%)$1,650 – $1,7504
1BR$2,200+$101 (+4.8%)−$600 (-21.4%)$2,200 – $2,2001
1BR$2,050−$49 (-2.3%)−$750 (-26.8%)$1,900 – $2,1257
1BR$2,050−$49 (-2.3%)−$750 (-26.8%)$1,900 – $2,1257
2BR$3,600+$755 (+26.5%)+$900 (+33.3%)$3,050 – $3,7003
2BR$3,600+$755 (+26.5%)+$900 (+33.3%)$3,050 – $3,7003
2BR$2,450−$395 (-13.9%)−$250 (-9.3%)$2,375 – $2,4503
3BR$3,600+$850 (+30.9%)+$900 (+33.3%)$3,325 – $3,6003
3BR$3,600+$850 (+30.9%)+$900 (+33.3%)$3,325 – $3,6003
4BR$4,500+$500 (+12.5%)+$2,000 (+80.0%)$4,500 – $4,5007
4BR$4,500+$500 (+12.5%)+$2,000 (+80.0%)$4,500 – $4,5002
4BR$4,000$0 (0.0%)+$1,500 (+60.0%)$4,000 – $4,0002

Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.

Jamaica vs. New York CityDecember 2023

BedroomsJamaica MedianNYC Citywide MedianDifference
Studio$1,550$2,362−$812 (-34.4%)
Studio$1,700$2,362−$662 (-28.0%)
Studio$1,700$2,362−$662 (-28.0%)
1BR$2,200$2,400−$200 (-8.3%)
1BR$2,050$2,400−$350 (-14.6%)
1BR$2,050$2,400−$350 (-14.6%)
2BR$3,600$2,900+$700 (+24.1%)
2BR$3,600$2,900+$700 (+24.1%)
2BR$2,450$2,900−$450 (-15.5%)
3BR$3,600$3,500+$100 (+2.9%)
3BR$3,600$3,500+$100 (+2.9%)
4BR$4,500$4,070+$430 (+10.6%)
4BR$4,500$4,070+$430 (+10.6%)
4BR$4,000$4,070−$70 (-1.7%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.

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