Monthly Rent Report
Jamaica Rent Report — May 2024
Asking rents in ZIP 11432, New York City, from 201 listings.
Median 1BR rent in Jamaica was $2,200 in May 2024, flat versus April 2024 and up 22.2% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,588. That puts Jamaica $225 below the New York City citywide 1BR median of $2,425. The month's figures are based on 201 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | −$100 (-5.6%) | +$9 (+0.5%) | $1,663 – $4,088 | 3 |
| Studio | $1,725 | −$50 (-2.8%) | +$59 (+3.5%) | $1,694 – $1,762 | 4 |
| Studio | $1,725 | −$50 (-2.8%) | +$59 (+3.5%) | $1,694 – $1,800 | 40 |
| 1BR | $2,200 | $0 (0.0%) | +$400 (+22.2%) | $2,000 – $2,588 | 54 |
| 1BR | $2,600 | +$400 (+18.2%) | +$800 (+44.4%) | $2,600 – $2,600 | 1 |
| 1BR | $2,200 | $0 (0.0%) | +$400 (+22.2%) | $2,050 – $2,698 | 11 |
| 2BR | $2,900 | −$300 (-9.4%) | −$100 (-3.3%) | $2,500 – $3,500 | 5 |
| 2BR | $2,914 | −$286 (-9.0%) | −$86 (-2.9%) | $2,550 – $3,200 | 42 |
| 2BR | $3,275 | +$75 (+2.3%) | +$275 (+9.2%) | $3,275 – $3,275 | 1 |
| 3BR | $4,500 | +$1,500 (+50.0%) | +$1,500 (+50.0%) | $4,500 – $4,500 | 1 |
| 3BR | $3,200 | +$200 (+6.7%) | +$200 (+6.7%) | $3,199 – $3,300 | 5 |
| 3BR | $4,500 | +$1,500 (+50.0%) | +$1,500 (+50.0%) | $3,975 – $4,500 | 10 |
| 4BR | $5,000 | +$500 (+11.1%) | +$500 (+11.1%) | $4,750 – $5,450 | 7 |
| 4BR | $5,000 | +$500 (+11.1%) | +$500 (+11.1%) | $4,750 – $5,450 | 3 |
| 4BR | $4,750 | +$250 (+5.6%) | +$250 (+5.6%) | $4,625 – $4,875 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — May 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $2,350 | −$675 (-28.7%) |
| Studio | $1,725 | $2,350 | −$625 (-26.6%) |
| Studio | $1,725 | $2,350 | −$625 (-26.6%) |
| 1BR | $2,200 | $2,425 | −$225 (-9.3%) |
| 1BR | $2,600 | $2,425 | +$175 (+7.2%) |
| 1BR | $2,200 | $2,425 | −$225 (-9.3%) |
| 2BR | $2,900 | $2,914 | −$13 (-0.5%) |
| 2BR | $2,914 | $2,914 | $0 (0.0%) |
| 2BR | $3,275 | $2,914 | +$362 (+12.4%) |
| 3BR | $4,500 | $3,600 | +$900 (+25.0%) |
| 3BR | $3,200 | $3,600 | −$400 (-11.1%) |
| 3BR | $4,500 | $3,600 | +$900 (+25.0%) |
| 4BR | $5,000 | $4,250 | +$750 (+17.6%) |
| 4BR | $5,000 | $4,250 | +$750 (+17.6%) |
| 4BR | $4,750 | $4,250 | +$500 (+11.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.