Monthly Rent Report
Jamaica Rent Report — July 2023
Asking rents in ZIP 11434, New York City, from 40 listings.
Median 1BR rent in Jamaica was $1,850 in July 2023, up 2.8% (+$50) from June 2023 and down 33.9% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,863. That puts Jamaica $600 below the New York City citywide 1BR median of $2,450. The month's figures are based on 40 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,300 | −$500 (-17.9%) | — | $2,300 – $2,300 | 1 |
| Studio | $2,300 | −$500 (-17.9%) | — | $2,300 – $2,300 | 4 |
| 1BR | $1,850 | +$50 (+2.8%) | −$950 (-33.9%) | $1,850 – $1,863 | 4 |
| 1BR | $1,900 | +$100 (+5.6%) | −$900 (-32.1%) | $1,900 – $1,900 | 1 |
| 1BR | $1,850 | +$50 (+2.8%) | −$950 (-33.9%) | $1,850 – $1,850 | 1 |
| 2BR | $2,500 | +$195 (+8.5%) | +$500 (+25.0%) | $2,475 – $2,700 | 8 |
| 2BR | $2,250 | −$55 (-2.4%) | +$250 (+12.5%) | $2,250 – $2,250 | 1 |
| 2BR | $2,300 | −$5 (-0.2%) | +$300 (+15.0%) | $2,300 – $2,300 | 1 |
| 3BR | $3,000 | −$80 (-2.6%) | +$250 (+9.1%) | $3,000 – $3,000 | 1 |
| 3BR | $3,000 | −$80 (-2.6%) | +$250 (+9.1%) | $3,000 – $3,000 | 11 |
| 3BR | $3,500 | +$420 (+13.6%) | +$750 (+27.3%) | $3,500 – $3,500 | 1 |
| 4BR | $3,500 | — | — | $3,500 – $3,500 | 3 |
| 4BR | $3,700 | — | — | $3,700 – $3,750 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — July 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,300 | $2,498 | −$197 (-7.9%) |
| Studio | $2,300 | $2,498 | −$197 (-7.9%) |
| 1BR | $1,850 | $2,450 | −$600 (-24.5%) |
| 1BR | $1,900 | $2,450 | −$550 (-22.4%) |
| 1BR | $1,850 | $2,450 | −$600 (-24.5%) |
| 2BR | $2,500 | $2,800 | −$300 (-10.7%) |
| 2BR | $2,250 | $2,800 | −$550 (-19.6%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 3BR | $3,000 | $3,400 | −$400 (-11.8%) |
| 3BR | $3,000 | $3,400 | −$400 (-11.8%) |
| 3BR | $3,500 | $3,400 | +$100 (+2.9%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
| 4BR | $3,700 | $4,200 | −$500 (-11.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.