Monthly Rent Report
Jamaica Rent Report — May 2021
Asking rents in ZIP 11434, New York City, from 30 listings.
Median 1BR rent in Jamaica was $1,550 in May 2021, up 3.3% (+$50) from April 2021 and down 4.6% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,600. That puts Jamaica $270 below the New York City citywide 1BR median of $1,820. The month's figures are based on 30 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | — | — | $1,050 – $1,050 | 1 |
| 1BR | $1,550 | +$50 (+3.3%) | −$75 (-4.6%) | $1,450 – $1,600 | 4 |
| 1BR | $1,500 | $0 (0.0%) | −$125 (-7.7%) | $1,463 – $1,550 | 4 |
| 2BR | $1,800 | $0 (0.0%) | −$275 (-13.3%) | $1,800 – $1,850 | 4 |
| 2BR | $1,800 | $0 (0.0%) | −$275 (-13.3%) | $1,800 – $1,850 | 4 |
| 3BR | $2,500 | +$105 (+4.4%) | +$150 (+6.4%) | $2,250 – $2,600 | 11 |
| 3BR | $2,600 | +$205 (+8.6%) | +$250 (+10.6%) | $2,600 – $2,600 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — May 2021
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,661 | −$611 (-36.8%) |
| 1BR | $1,550 | $1,820 | −$270 (-14.8%) |
| 1BR | $1,500 | $1,820 | −$320 (-17.6%) |
| 2BR | $1,800 | $2,200 | −$400 (-18.2%) |
| 2BR | $1,800 | $2,200 | −$400 (-18.2%) |
| 3BR | $2,500 | $2,550 | −$50 (-2.0%) |
| 3BR | $2,600 | $2,550 | +$50 (+2.0%) |
Citywide figure is the median of zip-level medians across 162 New York City zip codes with listings in May 2021.