Monthly Rent Report
Jamaica Rent Report — January 2024
Asking rents in ZIP 11432, New York City, from 129 listings.
Median 1BR rent in Jamaica was $2,150 in January 2024, up 4.9% (+$100) from December 2023 and up 11.7% year-over-year. The middle half of 1BR listings asked between $2,025 and $2,400. That puts Jamaica $200 below the New York City citywide 1BR median of $2,350. The month's figures are based on 129 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | $0 (0.0%) | −$150 (-8.8%) | $1,550 – $1,550 | 1 |
| Studio | $1,700 | +$150 (+9.7%) | $0 (0.0%) | $1,700 – $1,700 | 1 |
| Studio | $1,763 | +$213 (+13.7%) | +$63 (+3.7%) | $1,700 – $1,826 | 24 |
| 1BR | $2,150 | +$100 (+4.9%) | +$225 (+11.7%) | $2,025 – $2,400 | 39 |
| 1BR | $2,400 | +$350 (+17.1%) | +$475 (+24.7%) | $2,400 – $2,400 | 1 |
| 1BR | $2,200 | +$150 (+7.3%) | +$275 (+14.3%) | $2,200 – $2,200 | 1 |
| 2BR | $2,994 | −$606 (-16.8%) | +$99 (+3.4%) | $2,725 – $3,100 | 14 |
| 2BR | $2,300 | −$1,300 (-36.1%) | −$595 (-20.6%) | $2,300 – $2,300 | 1 |
| 2BR | $2,994 | −$606 (-16.8%) | +$99 (+3.4%) | $2,725 – $3,100 | 14 |
| 3BR | $3,500 | −$100 (-2.8%) | +$495 (+16.5%) | $3,050 – $4,500 | 5 |
| 3BR | $3,500 | −$100 (-2.8%) | +$495 (+16.5%) | $3,050 – $4,500 | 5 |
| 4BR | $5,495 | +$995 (+22.1%) | +$2,095 (+61.6%) | $4,500 – $5,495 | 9 |
| 4BR | $5,495 | +$995 (+22.1%) | +$2,095 (+61.6%) | $4,500 – $5,495 | 9 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — January 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $2,338 | −$787 (-33.7%) |
| Studio | $1,700 | $2,338 | −$637 (-27.3%) |
| Studio | $1,763 | $2,338 | −$575 (-24.6%) |
| 1BR | $2,150 | $2,350 | −$200 (-8.5%) |
| 1BR | $2,400 | $2,350 | +$50 (+2.1%) |
| 1BR | $2,200 | $2,350 | −$150 (-6.4%) |
| 2BR | $2,994 | $2,885 | +$109 (+3.8%) |
| 2BR | $2,300 | $2,885 | −$585 (-20.3%) |
| 2BR | $2,994 | $2,885 | +$109 (+3.8%) |
| 3BR | $3,500 | $3,443 | +$57 (+1.6%) |
| 3BR | $3,500 | $3,443 | +$57 (+1.6%) |
| 4BR | $5,495 | $4,000 | +$1,495 (+37.4%) |
| 4BR | $5,495 | $4,000 | +$1,495 (+37.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.