Monthly Rent Report

Jamaica Rent Report — August 2023

Asking rents in ZIP 11433, New York City, from 65 listings.

Median 1BR rent in Jamaica was $2,350 in August 2023, up 19.0% (+$375) from July 2023 and up 56.7% year-over-year. The middle half of 1BR listings asked between $2,350 and $2,350. That puts Jamaica in line with the New York City citywide 1BR median of $2,350. The month's figures are based on 65 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2023Vs. August 2022P25–P75 RangeListings
Studio$2,425$0 (0.0%)—$2,351 – $3,1758
Studio$2,490+$65 (+2.7%)—$2,355 – $2,60013
1BR$2,350+$375 (+19.0%)+$850 (+56.7%)$2,350 – $2,3502
1BR$2,750+$775 (+39.2%)+$1,250 (+83.3%)$2,715 – $2,9753
2BR$3,578+$1,178 (+49.1%)+$1,778 (+98.8%)$3,529 – $3,6262
2BR$3,675+$1,275 (+53.1%)+$1,875 (+104.2%)$3,500 – $3,90019
3BR$3,000+$200 (+7.1%)+$251 (+9.1%)$2,800 – $3,00013
3BR$3,200+$400 (+14.3%)+$451 (+16.4%)$3,200 – $3,2001
4BR$3,300+$200 (+6.5%)+$100 (+3.1%)$3,200 – $3,4003
4BR$3,250+$150 (+4.8%)+$50 (+1.6%)$3,250 – $3,2501

Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.

Jamaica vs. New York City — August 2023

BedroomsJamaica MedianNYC Citywide MedianDifference
Studio$2,425$2,490−$65 (-2.6%)
Studio$2,490$2,490$0 (0.0%)
1BR$2,350$2,350$0 (0.0%)
1BR$2,750$2,350+$400 (+17.0%)
2BR$3,578$2,859+$719 (+25.1%)
2BR$3,675$2,859+$816 (+28.5%)
3BR$3,000$3,413−$412 (-12.1%)
3BR$3,200$3,413−$212 (-6.2%)
4BR$3,300$4,200−$900 (-21.4%)
4BR$3,250$4,200−$950 (-22.6%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.

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