Monthly Rent Report
Jamaica Rent Report — August 2024
Asking rents in ZIP 11432, New York City, from 62 listings.
Median 1BR rent in Jamaica was $2,195 in August 2024, up 2.1% (+$45) from July 2024 and up 8.4% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,500. That puts Jamaica $195 below the New York City citywide 1BR median of $2,390. The month's figures are based on 62 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,850 | +$175 (+10.4%) | −$325 (-14.9%) | $1,850 – $1,850 | 5 |
| 1BR | $2,195 | +$45 (+2.1%) | +$171 (+8.4%) | $2,100 – $2,500 | 8 |
| 2BR | $2,625 | −$462 (-15.0%) | −$1,334 (-33.7%) | $2,213 – $2,800 | 8 |
| 3BR | $3,000 | −$1,500 (-33.3%) | −$200 (-6.3%) | $2,900 – $3,990 | 21 |
| 4BR | $5,200 | +$1,200 (+30.0%) | +$725 (+16.2%) | $4,500 – $5,500 | 13 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — August 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,850 | $2,500 | −$650 (-26.0%) |
| 1BR | $2,195 | $2,390 | −$195 (-8.2%) |
| 2BR | $2,625 | $2,900 | −$275 (-9.5%) |
| 3BR | $3,000 | $3,603 | −$603 (-16.7%) |
| 4BR | $5,200 | $4,225 | +$975 (+23.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.