Monthly Rent Report
Jamaica Rent Report — April 2024
Asking rents in ZIP 11432, New York City, from 346 listings.
Median 1BR rent in Jamaica was $2,200 in April 2024, flat versus March 2024 and up 15.8% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,200. That puts Jamaica $300 below the New York City citywide 1BR median of $2,500. The month's figures are based on 346 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | −$150 (-8.5%) | −$25 (-1.5%) | $1,625 – $1,625 | 1 |
| Studio | $1,775 | $0 (0.0%) | +$125 (+7.6%) | $1,719 – $2,037 | 32 |
| Studio | $1,850 | +$75 (+4.2%) | +$200 (+12.1%) | $1,700 – $2,176 | 45 |
| 1BR | $2,200 | $0 (0.0%) | +$300 (+15.8%) | $2,000 – $2,200 | 11 |
| 1BR | $2,550 | +$350 (+15.9%) | +$650 (+34.2%) | $2,100 – $3,100 | 63 |
| 1BR | $2,550 | +$350 (+15.9%) | +$650 (+34.2%) | $2,150 – $3,100 | 39 |
| 2BR | $3,200 | +$206 (+6.9%) | +$200 (+6.7%) | $2,700 – $3,500 | 57 |
| 2BR | $3,200 | +$206 (+6.9%) | +$200 (+6.7%) | $3,200 – $3,200 | 1 |
| 3BR | $2,800 | −$1,700 (-37.8%) | −$550 (-16.4%) | $2,800 – $3,100 | 22 |
| 3BR | $3,000 | −$1,500 (-33.3%) | −$350 (-10.4%) | $2,950 – $3,342 | 12 |
| 3BR | $3,000 | −$1,500 (-33.3%) | −$350 (-10.4%) | $3,000 – $4,000 | 13 |
| 4BR | $4,500 | −$250 (-5.3%) | $0 (0.0%) | $3,500 – $4,500 | 10 |
| 4BR | $4,000 | −$750 (-15.8%) | −$500 (-11.1%) | $3,500 – $4,625 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — April 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $2,491 | −$866 (-34.8%) |
| Studio | $1,775 | $2,491 | −$716 (-28.7%) |
| Studio | $1,850 | $2,491 | −$641 (-25.7%) |
| 1BR | $2,200 | $2,500 | −$300 (-12.0%) |
| 1BR | $2,550 | $2,500 | +$50 (+2.0%) |
| 1BR | $2,550 | $2,500 | +$50 (+2.0%) |
| 2BR | $3,200 | $2,995 | +$205 (+6.8%) |
| 2BR | $3,200 | $2,995 | +$205 (+6.8%) |
| 3BR | $2,800 | $3,500 | −$700 (-20.0%) |
| 3BR | $3,000 | $3,500 | −$500 (-14.3%) |
| 3BR | $3,000 | $3,500 | −$500 (-14.3%) |
| 4BR | $4,500 | $4,270 | +$230 (+5.4%) |
| 4BR | $4,000 | $4,270 | −$270 (-6.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.