Monthly Rent Report

Jamaica Rent Report — March 2023

Asking rents in ZIP 11434, New York City, from 62 listings.

Median 2BR rent in Jamaica was $2,400 in March 2023, flat versus February 2023 and down 7.7% year-over-year. The middle half of 2BR listings asked between $2,200 and $2,500. That puts Jamaica $250 below the New York City citywide 2BR median of $2,650. The month's figures are based on 62 listings across 7 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2023Vs. March 2022P25–P75 RangeListings
2BR$2,400$0 (0.0%)−$200 (-7.7%)$2,200 – $2,50019
2BR$2,400$0 (0.0%)−$200 (-7.7%)$2,200 – $2,50013
3BR$3,200+$200 (+6.7%)+$700 (+28.0%)$3,200 – $3,2002
3BR$13,500+$10,500 (+350.0%)+$11,000 (+440.0%)$13,500 – $13,5001
3BR$2,600−$400 (-13.3%)+$100 (+4.0%)$2,500 – $3,18614
4BR$3,600$0 (0.0%)—$3,600 – $3,6005
4BR$3,600$0 (0.0%)—$3,200 – $3,6008

Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.

Jamaica vs. New York City — March 2023

BedroomsJamaica MedianNYC Citywide MedianDifference
2BR$2,400$2,650−$250 (-9.4%)
2BR$2,400$2,650−$250 (-9.4%)
3BR$3,200$3,200$0 (0.0%)
3BR$13,500$3,200+$10,300 (+321.9%)
3BR$2,600$3,200−$600 (-18.8%)
4BR$3,600$3,995−$395 (-9.9%)
4BR$3,600$3,995−$395 (-9.9%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.

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