Monthly Rent Report
Jamaica Rent Report — February 2024
Asking rents in ZIP 11432, New York City, from 272 listings.
Median 1BR rent in Jamaica was $1,941 in February 2024, down 19.1% (−$459) from January 2024 and up 2.1% year-over-year. The middle half of 1BR listings asked between $1,763 and $2,081. That puts Jamaica $510 below the New York City citywide 1BR median of $2,450. The month's figures are based on 272 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,749 | −$13 (-0.8%) | +$50 (+2.9%) | $1,669 – $1,818 | 48 |
| Studio | $1,750 | −$12 (-0.7%) | +$51 (+3.0%) | $1,750 – $1,750 | 1 |
| Studio | $1,700 | −$62 (-3.5%) | +$1 (+0.1%) | $1,675 – $1,750 | 5 |
| 1BR | $1,941 | −$459 (-19.1%) | +$41 (+2.1%) | $1,763 – $2,081 | 4 |
| 1BR | $2,450 | +$50 (+2.1%) | +$550 (+28.9%) | $2,050 – $2,700 | 75 |
| 1BR | $2,400 | $0 (0.0%) | +$500 (+26.3%) | $2,400 – $2,700 | 11 |
| 2BR | $3,100 | +$106 (+3.5%) | +$601 (+24.0%) | $2,700 – $3,500 | 45 |
| 2BR | $3,517 | +$523 (+17.5%) | +$1,018 (+40.7%) | $3,461 – $3,738 | 3 |
| 3BR | $2,800 | −$700 (-20.0%) | +$100 (+3.7%) | $2,800 – $2,800 | 9 |
| 3BR | $2,800 | −$700 (-20.0%) | +$100 (+3.7%) | $2,800 – $3,200 | 5 |
| 3BR | $3,218 | −$282 (-8.1%) | +$518 (+19.2%) | $3,075 – $3,700 | 16 |
| 4BR | $5,000 | −$495 (-9.0%) | +$850 (+20.5%) | $4,750 – $5,000 | 3 |
| 4BR | $5,000 | −$495 (-9.0%) | +$850 (+20.5%) | $4,500 – $5,248 | 15 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — February 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,749 | $2,359 | −$610 (-25.9%) |
| Studio | $1,750 | $2,359 | −$609 (-25.8%) |
| Studio | $1,700 | $2,359 | −$659 (-27.9%) |
| 1BR | $1,941 | $2,450 | −$509 (-20.8%) |
| 1BR | $2,450 | $2,450 | $0 (0.0%) |
| 1BR | $2,400 | $2,450 | −$50 (-2.0%) |
| 2BR | $3,100 | $2,979 | +$121 (+4.1%) |
| 2BR | $3,517 | $2,979 | +$538 (+18.1%) |
| 3BR | $2,800 | $3,500 | −$700 (-20.0%) |
| 3BR | $2,800 | $3,500 | −$700 (-20.0%) |
| 3BR | $3,218 | $3,500 | −$282 (-8.1%) |
| 4BR | $5,000 | $4,148 | +$853 (+20.6%) |
| 4BR | $5,000 | $4,148 | +$853 (+20.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.