Monthly Rent Report
Jamaica Rent Report — September 2023
Asking rents in ZIP 11434, New York City, from 42 listings.
Median 1BR rent in Jamaica was $1,400 in September 2023, down 18.8% (−$325) from August 2023 and down 22.2% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,525. That puts Jamaica $1,100 below the New York City citywide 1BR median of $2,500. The month's figures are based on 42 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,250 | −$50 (-2.2%) | +$900 (+66.7%) | $2,250 – $2,250 | 1 |
| 1BR | $1,400 | −$325 (-18.8%) | −$400 (-22.2%) | $1,400 – $1,525 | 3 |
| 2BR | $2,700 | +$700 (+35.0%) | +$400 (+17.4%) | $2,500 – $3,025 | 8 |
| 2BR | $2,300 | +$300 (+15.0%) | $0 (0.0%) | $2,300 – $2,300 | 3 |
| 3BR | $3,650 | +$725 (+24.8%) | +$650 (+21.7%) | $3,575 – $3,725 | 2 |
| 3BR | $3,200 | +$275 (+9.4%) | +$200 (+6.7%) | $3,000 – $3,500 | 23 |
| 4BR | $3,500 | −$147 (-4.0%) | −$400 (-10.3%) | $3,500 – $3,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — September 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,250 | $2,400 | −$150 (-6.3%) |
| 1BR | $1,400 | $2,500 | −$1,100 (-44.0%) |
| 2BR | $2,700 | $3,000 | −$300 (-10.0%) |
| 2BR | $2,300 | $3,000 | −$700 (-23.3%) |
| 3BR | $3,650 | $3,500 | +$150 (+4.3%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 4BR | $3,500 | $4,325 | −$825 (-19.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.