Monthly Rent Report
Jamaica Rent Report — March 2024
Asking rents in ZIP 11433, New York City, from 65 listings.
Median 1BR rent in Jamaica was $2,973 in March 2024, flat versus February 2024 and up 50.5% year-over-year. The middle half of 1BR listings asked between $2,924 and $3,010. That puts Jamaica $474 above the New York City citywide 1BR median of $2,499. The month's figures are based on 65 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | +$400 (+33.3%) | −$715 (-30.9%) | $1,600 – $1,600 | 2 |
| Studio | $1,600 | +$400 (+33.3%) | −$715 (-30.9%) | $1,600 – $1,600 | 1 |
| 1BR | $2,973 | $0 (0.0%) | +$998 (+50.5%) | $2,924 – $3,010 | 7 |
| 1BR | $2,953 | −$20 (-0.7%) | +$978 (+49.5%) | $2,895 – $2,975 | 13 |
| 2BR | $3,770 | +$55 (+1.5%) | +$1,270 (+50.8%) | $3,543 – $3,868 | 4 |
| 2BR | $3,770 | +$55 (+1.5%) | +$1,270 (+50.8%) | $3,715 – $3,953 | 6 |
| 3BR | $3,289 | −$361 (-9.9%) | +$489 (+17.4%) | $3,044 – $3,533 | 2 |
| 3BR | $3,464 | −$186 (-5.1%) | +$664 (+23.7%) | $3,000 – $3,777 | 17 |
| 3BR | $3,777 | +$127 (+3.5%) | +$977 (+34.9%) | $3,000 – $3,777 | 11 |
| 4BR | $3,400 | — | +$200 (+6.3%) | $3,400 – $3,400 | 1 |
| 4BR | $3,400 | — | +$200 (+6.3%) | $3,400 – $3,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — March 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $2,450 | −$850 (-34.7%) |
| Studio | $1,600 | $2,450 | −$850 (-34.7%) |
| 1BR | $2,973 | $2,499 | +$474 (+19.0%) |
| 1BR | $2,953 | $2,499 | +$454 (+18.2%) |
| 2BR | $3,770 | $2,995 | +$776 (+25.9%) |
| 2BR | $3,770 | $2,995 | +$776 (+25.9%) |
| 3BR | $3,289 | $3,500 | −$211 (-6.0%) |
| 3BR | $3,464 | $3,500 | −$36 (-1.0%) |
| 3BR | $3,777 | $3,500 | +$277 (+7.9%) |
| 4BR | $3,400 | $4,250 | −$849 (-20.0%) |
| 4BR | $3,400 | $4,250 | −$849 (-20.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.