Monthly Rent Report
Jamaica Rent Report — July 2024
Asking rents in ZIP 11432, New York City, from 80 listings.
Median 1BR rent in Jamaica was $2,100 in July 2024, down 12.5% (−$300) from June 2024 and up 12.9% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,400. That puts Jamaica $400 below the New York City citywide 1BR median of $2,500. The month's figures are based on 80 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | −$50 (-2.9%) | −$100 (-5.6%) | $1,599 – $2,350 | 5 |
| Studio | $1,675 | −$75 (-4.3%) | −$125 (-6.9%) | $1,675 – $1,675 | 1 |
| Studio | $2,045 | +$295 (+16.9%) | +$245 (+13.6%) | $2,045 – $2,045 | 1 |
| 1BR | $2,100 | −$300 (-12.5%) | +$240 (+12.9%) | $2,000 – $2,400 | 13 |
| 1BR | $2,000 | −$400 (-16.7%) | +$140 (+7.5%) | $2,000 – $2,000 | 6 |
| 1BR | $2,150 | −$250 (-10.4%) | +$290 (+15.6%) | $1,915 – $3,073 | 11 |
| 2BR | $3,200 | $0 (0.0%) | +$39 (+1.2%) | $2,648 – $3,500 | 9 |
| 2BR | $3,087 | −$113 (-3.5%) | −$74 (-2.4%) | $3,031 – $3,143 | 2 |
| 2BR | $3,500 | +$300 (+9.4%) | +$339 (+10.7%) | $3,000 – $3,612 | 3 |
| 3BR | $4,500 | +$1,300 (+40.6%) | +$1,725 (+62.2%) | $4,500 – $4,500 | 1 |
| 3BR | $3,000 | −$200 (-6.3%) | +$225 (+8.1%) | $2,800 – $4,500 | 9 |
| 3BR | $3,200 | $0 (0.0%) | +$425 (+15.3%) | $3,199 – $4,500 | 5 |
| 4BR | $3,100 | −$1,900 (-38.0%) | −$1,750 (-36.1%) | $2,600 – $3,599 | 4 |
| 4BR | $4,000 | −$1,000 (-20.0%) | −$850 (-17.5%) | $4,000 – $4,000 | 1 |
| 4BR | $5,000 | $0 (0.0%) | +$150 (+3.1%) | $5,000 – $5,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — July 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $2,800 | −$1,100 (-39.3%) |
| Studio | $1,675 | $2,800 | −$1,125 (-40.2%) |
| Studio | $2,045 | $2,800 | −$755 (-27.0%) |
| 1BR | $2,100 | $2,500 | −$400 (-16.0%) |
| 1BR | $2,000 | $2,500 | −$500 (-20.0%) |
| 1BR | $2,150 | $2,500 | −$350 (-14.0%) |
| 2BR | $3,200 | $3,000 | +$200 (+6.7%) |
| 2BR | $3,087 | $3,000 | +$87 (+2.9%) |
| 2BR | $3,500 | $3,000 | +$500 (+16.7%) |
| 3BR | $4,500 | $3,606 | +$894 (+24.8%) |
| 3BR | $3,000 | $3,606 | −$606 (-16.8%) |
| 3BR | $3,200 | $3,606 | −$406 (-11.3%) |
| 4BR | $3,100 | $4,500 | −$1,400 (-31.1%) |
| 4BR | $4,000 | $4,500 | −$500 (-11.1%) |
| 4BR | $5,000 | $4,500 | +$500 (+11.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.