Monthly Rent Report
Jamaica Rent Report — March 2020
Asking rents in ZIP 11434, New York City, from 184 listings.
Median 1BR rent in Jamaica was $1,665 in March 2020, up 5.7% (+$90) from February 2020. The middle half of 1BR listings asked between $1,558 and $1,773. That puts Jamaica $235 below the New York City citywide 1BR median of $1,900. The month's figures are based on 184 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | +$350 (+35.0%) | — | $1,325 – $1,375 | 2 |
| Studio | $1,350 | +$350 (+35.0%) | — | $1,325 – $1,375 | 2 |
| 1BR | $1,665 | +$90 (+5.7%) | — | $1,558 – $1,773 | 2 |
| 1BR | $1,600 | +$25 (+1.6%) | — | $1,525 – $1,725 | 7 |
| 1BR | $1,600 | +$25 (+1.6%) | — | $1,550 – $1,700 | 5 |
| 2BR | $2,100 | +$75 (+3.7%) | — | $2,000 – $2,200 | 7 |
| 2BR | $2,000 | −$25 (-1.2%) | — | $1,900 – $2,100 | 25 |
| 2BR | $2,000 | −$25 (-1.2%) | — | $1,938 – $2,100 | 32 |
| 3BR | $2,500 | +$100 (+4.2%) | — | $2,400 – $2,500 | 43 |
| 3BR | $2,499 | +$99 (+4.1%) | — | $2,400 – $2,500 | 39 |
| 3BR | $2,800 | +$400 (+16.7%) | — | $2,600 – $3,000 | 4 |
| 4BR | $3,200 | $0 (0.0%) | — | $3,200 – $3,200 | 6 |
| 4BR | $3,200 | $0 (0.0%) | — | $3,200 – $3,200 | 6 |
Median, P25, and P75 are asking rents from listings posted in March 2020. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — March 2020
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,780 | −$430 (-24.2%) |
| Studio | $1,350 | $1,780 | −$430 (-24.2%) |
| 1BR | $1,665 | $1,900 | −$235 (-12.4%) |
| 1BR | $1,600 | $1,900 | −$300 (-15.8%) |
| 1BR | $1,600 | $1,900 | −$300 (-15.8%) |
| 2BR | $2,100 | $2,290 | −$190 (-8.3%) |
| 2BR | $2,000 | $2,290 | −$290 (-12.7%) |
| 2BR | $2,000 | $2,290 | −$290 (-12.7%) |
| 3BR | $2,500 | $2,600 | −$100 (-3.8%) |
| 3BR | $2,499 | $2,600 | −$101 (-3.9%) |
| 3BR | $2,800 | $2,600 | +$200 (+7.7%) |
| 4BR | $3,200 | $3,150 | +$50 (+1.6%) |
| 4BR | $3,200 | $3,150 | +$50 (+1.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2020.