Monthly Rent Report

Jamaica Rent Report — June 2023

Asking rents in ZIP 11434, New York City, from 29 listings.

Median 1BR rent in Jamaica was $1,950 in June 2023, up 13.0% (+$225) from May 2023 and up 14.7% year-over-year. The middle half of 1BR listings asked between $1,950 and $1,950. That puts Jamaica $538 below the New York City citywide 1BR median of $2,488. The month's figures are based on 29 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2023Vs. June 2022P25–P75 RangeListings
Studio$3,250+$950 (+41.3%)—$3,250 – $3,2501
Studio$2,800+$500 (+21.7%)—$2,575 – $3,0252
1BR$1,950+$225 (+13.0%)+$250 (+14.7%)$1,950 – $1,9501
1BR$1,800+$75 (+4.3%)+$100 (+5.9%)$1,675 – $1,8753
1BR$1,675−$50 (-2.9%)−$25 (-1.5%)$1,613 – $1,7382
2BR$2,305−$95 (-4.0%)+$205 (+9.8%)$2,300 – $2,3055
2BR$2,300−$100 (-4.2%)+$200 (+9.5%)$2,263 – $2,3046
3BR$3,080−$20 (-0.6%)−$320 (-9.4%)$3,038 – $3,2077
3BR$3,200+$100 (+3.2%)−$200 (-5.9%)$3,200 – $3,2001
3BR$3,200+$100 (+3.2%)−$200 (-5.9%)$3,200 – $3,2001

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

Jamaica vs. New York City — June 2023

BedroomsJamaica MedianNYC Citywide MedianDifference
Studio$3,250$2,500+$750 (+30.0%)
Studio$2,800$2,500+$300 (+12.0%)
1BR$1,950$2,488−$537 (-21.6%)
1BR$1,800$2,488−$687 (-27.6%)
1BR$1,675$2,488−$812 (-32.7%)
2BR$2,305$2,828−$523 (-18.5%)
2BR$2,300$2,828−$528 (-18.7%)
3BR$3,080$3,300−$220 (-6.7%)
3BR$3,200$3,300−$100 (-3.0%)
3BR$3,200$3,300−$100 (-3.0%)

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

Advertisement