Monthly Rent Report
Jamaica Rent Report — May 2024
Asking rents in ZIP 11433, New York City, from 72 listings.
Median 1BR rent in Jamaica was $1,800 in May 2024, down 33.2% (−$895) from April 2024 and down 35.1% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,900. That puts Jamaica $625 below the New York City citywide 1BR median of $2,425. The month's figures are based on 72 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,800 | −$895 (-33.2%) | −$975 (-35.1%) | $1,700 – $1,900 | 6 |
| 1BR | $1,700 | −$995 (-36.9%) | −$1,075 (-38.7%) | $1,700 – $1,850 | 6 |
| 1BR | $1,700 | −$995 (-36.9%) | −$1,075 (-38.7%) | $1,700 – $2,198 | 3 |
| 2BR | $2,650 | −$845 (-24.2%) | −$1,110 (-29.5%) | $2,500 – $2,800 | 6 |
| 2BR | $2,800 | −$695 (-19.9%) | −$960 (-25.5%) | $2,500 – $2,800 | 11 |
| 2BR | $2,000 | −$1,495 (-42.8%) | −$1,760 (-46.8%) | $1,750 – $2,350 | 3 |
| 3BR | $3,777 | +$777 (+25.9%) | +$777 (+25.9%) | $3,300 – $3,777 | 11 |
| 3BR | $2,800 | −$200 (-6.7%) | −$200 (-6.7%) | $2,750 – $2,950 | 3 |
| 3BR | $3,777 | +$777 (+25.9%) | +$777 (+25.9%) | $3,777 – $4,000 | 5 |
| 4BR | $3,450 | −$350 (-9.2%) | — | $3,350 – $3,825 | 8 |
| 4BR | $3,400 | −$400 (-10.5%) | — | $3,250 – $3,700 | 6 |
| 4BR | $3,700 | −$100 (-2.6%) | — | $3,600 – $3,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — May 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,800 | $2,425 | −$625 (-25.8%) |
| 1BR | $1,700 | $2,425 | −$725 (-29.9%) |
| 1BR | $1,700 | $2,425 | −$725 (-29.9%) |
| 2BR | $2,650 | $2,914 | −$263 (-9.0%) |
| 2BR | $2,800 | $2,914 | −$113 (-3.9%) |
| 2BR | $2,000 | $2,914 | −$913 (-31.4%) |
| 3BR | $3,777 | $3,600 | +$177 (+4.9%) |
| 3BR | $2,800 | $3,600 | −$800 (-22.2%) |
| 3BR | $3,777 | $3,600 | +$177 (+4.9%) |
| 4BR | $3,450 | $4,250 | −$800 (-18.8%) |
| 4BR | $3,400 | $4,250 | −$850 (-20.0%) |
| 4BR | $3,700 | $4,250 | −$550 (-12.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.