Monthly Rent Report
Jamaica Rent Report — May 2023
Asking rents in ZIP 11433, New York City, from 93 listings.
Median 1BR rent in Jamaica was $2,750 in May 2023, down 1.4% (−$40) from April 2023 and up 83.3% year-over-year. The middle half of 1BR listings asked between $2,615 and $2,860. That puts Jamaica $273 above the New York City citywide 1BR median of $2,477. The month's figures are based on 93 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,675 | +$1,280 (+53.4%) | +$2,875 (+359.4%) | $3,063 – $4,288 | 2 |
| Studio | $3,675 | +$1,280 (+53.4%) | +$2,875 (+359.4%) | $3,063 – $4,288 | 2 |
| 1BR | $2,750 | −$40 (-1.4%) | +$1,250 (+83.3%) | $2,615 – $2,860 | 41 |
| 1BR | $2,775 | −$15 (-0.5%) | +$1,275 (+85.0%) | $2,649 – $2,800 | 6 |
| 2BR | $3,655 | +$105 (+3.0%) | +$1,555 (+74.0%) | $3,558 – $3,753 | 2 |
| 2BR | $3,760 | +$210 (+5.9%) | +$1,660 (+79.0%) | $3,460 – $3,850 | 13 |
| 3BR | $3,042 | +$242 (+8.6%) | +$542 (+21.7%) | $2,900 – $3,113 | 4 |
| 3BR | $3,000 | +$200 (+7.1%) | +$500 (+20.0%) | $2,750 – $3,084 | 23 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — May 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,675 | $2,450 | +$1,225 (+50.0%) |
| Studio | $3,675 | $2,450 | +$1,225 (+50.0%) |
| 1BR | $2,750 | $2,477 | +$273 (+11.0%) |
| 1BR | $2,775 | $2,477 | +$298 (+12.0%) |
| 2BR | $3,655 | $2,800 | +$855 (+30.5%) |
| 2BR | $3,760 | $2,800 | +$960 (+34.3%) |
| 3BR | $3,042 | $3,225 | −$183 (-5.7%) |
| 3BR | $3,000 | $3,225 | −$225 (-7.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.