Monthly Rent Report
Jamaica Rent Report — August 2020
Asking rents in ZIP 11434, New York City, from 15 listings.
Median 1BR rent in Jamaica was $1,500 in August 2020, up 39.5% (+$425) from July 2020. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Jamaica $385 below the New York City citywide 1BR median of $1,885. The month's figures are based on 15 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,500 | +$425 (+39.5%) | — | $1,500 – $1,500 | 1 |
| 1BR | $1,500 | +$425 (+39.5%) | — | $1,500 – $1,500 | 1 |
| 2BR | $1,800 | −$100 (-5.3%) | — | $1,800 – $1,800 | 1 |
| 2BR | $1,850 | −$50 (-2.6%) | — | $1,825 – $1,875 | 2 |
| 2BR | $1,900 | $0 (0.0%) | — | $1,900 – $1,900 | 1 |
| 3BR | $2,300 | $0 (0.0%) | — | $2,300 – $2,300 | 1 |
| 3BR | $2,450 | +$150 (+6.5%) | — | $2,375 – $2,525 | 4 |
| 3BR | $2,450 | +$150 (+6.5%) | — | $2,375 – $2,525 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — August 2020
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,500 | $1,885 | −$384 (-20.4%) |
| 1BR | $1,500 | $1,885 | −$384 (-20.4%) |
| 2BR | $1,800 | $2,250 | −$450 (-20.0%) |
| 2BR | $1,850 | $2,250 | −$400 (-17.8%) |
| 2BR | $1,900 | $2,250 | −$350 (-15.6%) |
| 3BR | $2,300 | $2,606 | −$306 (-11.7%) |
| 3BR | $2,450 | $2,606 | −$156 (-6.0%) |
| 3BR | $2,450 | $2,606 | −$156 (-6.0%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in August 2020.