Monthly Rent Report
Jamaica Rent Report — February 2023
Asking rents in ZIP 11434, New York City, from 50 listings.
Median 1BR rent in Jamaica was $1,500 in February 2023, down 6.3% (−$100) from January 2023 and down 16.7% year-over-year. The middle half of 1BR listings asked between $1,475 and $1,500. That puts Jamaica $700 below the New York City citywide 1BR median of $2,200. The month's figures are based on 50 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,500 | −$100 (-6.3%) | −$300 (-16.7%) | $1,475 – $1,500 | 3 |
| 1BR | $1,500 | −$100 (-6.3%) | −$300 (-16.7%) | $1,475 – $1,500 | 3 |
| 2BR | $2,400 | +$25 (+1.1%) | +$400 (+20.0%) | $2,400 – $2,400 | 1 |
| 2BR | $2,400 | +$25 (+1.1%) | +$400 (+20.0%) | $2,263 – $2,400 | 10 |
| 3BR | $3,000 | +$300 (+11.1%) | +$100 (+3.4%) | $3,000 – $3,000 | 1 |
| 3BR | $3,100 | +$400 (+14.8%) | +$200 (+6.9%) | $3,050 – $3,150 | 2 |
| 3BR | $2,600 | −$100 (-3.7%) | −$300 (-10.3%) | $2,400 – $3,950 | 17 |
| 4BR | $3,600 | +$100 (+2.9%) | +$900 (+33.3%) | $3,525 – $3,750 | 6 |
| 4BR | $3,600 | +$100 (+2.9%) | +$900 (+33.3%) | $3,550 – $3,800 | 7 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — February 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,500 | $2,200 | −$699 (-31.8%) |
| 1BR | $1,500 | $2,200 | −$699 (-31.8%) |
| 2BR | $2,400 | $2,695 | −$295 (-10.9%) |
| 2BR | $2,400 | $2,695 | −$295 (-10.9%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 3BR | $3,100 | $3,200 | −$100 (-3.1%) |
| 3BR | $2,600 | $3,200 | −$600 (-18.8%) |
| 4BR | $3,600 | $3,800 | −$200 (-5.3%) |
| 4BR | $3,600 | $3,800 | −$200 (-5.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.