Monthly Rent Report
Jamaica Rent Report — October 2024
Asking rents in ZIP 11432, New York City, from 47 listings.
Median 1BR rent in Jamaica was $2,450 in October 2024, up 11.6% (+$255) from September 2024 and down 24.6% year-over-year. The middle half of 1BR listings asked between $2,275 and $2,775. That puts Jamaica $144 above the New York City citywide 1BR median of $2,306. The month's figures are based on 47 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,599 | −$151 (-8.6%) | −$151 (-8.6%) | $1,599 – $1,599 | 1 |
| Studio | $2,370 | +$620 (+35.4%) | +$620 (+35.4%) | $1,725 – $2,385 | 11 |
| 1BR | $2,450 | +$255 (+11.6%) | −$797 (-24.6%) | $2,275 – $2,775 | 3 |
| 1BR | $1,800 | −$395 (-18.0%) | −$1,447 (-44.6%) | $1,800 – $1,800 | 1 |
| 2BR | $2,950 | +$200 (+7.3%) | −$190 (-6.1%) | $2,950 – $2,950 | 6 |
| 2BR | $2,750 | $0 (0.0%) | −$390 (-12.4%) | $2,700 – $3,000 | 9 |
| 3BR | $2,800 | $0 (0.0%) | $0 (0.0%) | $2,750 – $4,400 | 7 |
| 4BR | $5,650 | −$350 (-5.8%) | +$1,650 (+41.3%) | $5,300 – $6,225 | 4 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — October 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,599 | $2,550 | −$951 (-37.3%) |
| Studio | $2,370 | $2,550 | −$180 (-7.1%) |
| 1BR | $2,450 | $2,306 | +$144 (+6.2%) |
| 1BR | $1,800 | $2,306 | −$506 (-22.0%) |
| 2BR | $2,950 | $2,914 | +$37 (+1.3%) |
| 2BR | $2,750 | $2,914 | −$163 (-5.6%) |
| 3BR | $2,800 | $3,519 | −$719 (-20.4%) |
| 4BR | $5,650 | $4,100 | +$1,550 (+37.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.