Monthly Rent Report
Jamaica Rent Report — May 2023
Asking rents in ZIP 11434, New York City, from 49 listings.
Median 1BR rent in Jamaica was $1,700 in May 2023, up 6.3% (+$100) from April 2023 and down 15.0% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,788. That puts Jamaica $777 below the New York City citywide 1BR median of $2,477. The month's figures are based on 49 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,075 | +$975 (+88.6%) | — | $1,863 – $2,288 | 2 |
| Studio | $2,300 | +$1,200 (+109.1%) | — | $2,300 – $2,300 | 1 |
| 1BR | $1,700 | +$100 (+6.3%) | −$300 (-15.0%) | $1,650 – $1,788 | 6 |
| 1BR | $1,725 | +$125 (+7.8%) | −$275 (-13.8%) | $1,688 – $1,763 | 2 |
| 2BR | $2,425 | +$125 (+5.4%) | +$325 (+15.5%) | $2,363 – $2,488 | 2 |
| 2BR | $2,400 | +$100 (+4.3%) | +$300 (+14.3%) | $2,350 – $2,450 | 2 |
| 2BR | $2,550 | +$250 (+10.9%) | +$450 (+21.4%) | $2,300 – $2,675 | 11 |
| 3BR | $3,100 | +$500 (+19.2%) | −$700 (-18.4%) | $3,050 – $3,150 | 2 |
| 3BR | $3,000 | +$400 (+15.4%) | −$800 (-21.1%) | $2,600 – $3,200 | 13 |
| 3BR | $2,550 | −$50 (-1.9%) | −$1,250 (-32.9%) | $2,500 – $2,825 | 4 |
| 4BR | $3,600 | $0 (0.0%) | +$400 (+12.5%) | $3,600 – $3,600 | 2 |
| 4BR | $3,600 | $0 (0.0%) | +$400 (+12.5%) | $3,600 – $3,600 | 1 |
| 4BR | $3,600 | $0 (0.0%) | +$400 (+12.5%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — May 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,075 | $2,450 | −$375 (-15.3%) |
| Studio | $2,300 | $2,450 | −$150 (-6.1%) |
| 1BR | $1,700 | $2,477 | −$777 (-31.4%) |
| 1BR | $1,725 | $2,477 | −$752 (-30.4%) |
| 2BR | $2,425 | $2,800 | −$375 (-13.4%) |
| 2BR | $2,400 | $2,800 | −$400 (-14.3%) |
| 2BR | $2,550 | $2,800 | −$250 (-8.9%) |
| 3BR | $3,100 | $3,225 | −$125 (-3.9%) |
| 3BR | $3,000 | $3,225 | −$225 (-7.0%) |
| 3BR | $2,550 | $3,225 | −$675 (-20.9%) |
| 4BR | $3,600 | $4,000 | −$400 (-10.0%) |
| 4BR | $3,600 | $4,000 | −$400 (-10.0%) |
| 4BR | $3,600 | $4,000 | −$400 (-10.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.