Monthly Rent Report
Jamaica Rent Report — October 2023
Asking rents in ZIP 11434, New York City, from 107 listings.
Median 1BR rent in Jamaica was $1,575 in October 2023, up 12.5% (+$175) from September 2023 and up 1.6% year-over-year. The middle half of 1BR listings asked between $1,575 and $1,575. That puts Jamaica $875 below the New York City citywide 1BR median of $2,450. The month's figures are based on 107 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,250 | $0 (0.0%) | +$750 (+50.0%) | $2,250 – $2,250 | 2 |
| 1BR | $1,575 | +$175 (+12.5%) | +$25 (+1.6%) | $1,575 – $1,575 | 3 |
| 2BR | $2,350 | +$50 (+2.2%) | −$50 (-2.1%) | $2,350 – $2,500 | 5 |
| 2BR | $2,300 | $0 (0.0%) | −$100 (-4.2%) | $2,300 – $2,300 | 4 |
| 2BR | $2,500 | +$200 (+8.7%) | +$100 (+4.2%) | $2,350 – $2,725 | 22 |
| 3BR | $3,500 | −$150 (-4.1%) | +$850 (+32.1%) | $3,000 – $3,500 | 16 |
| 3BR | $3,200 | −$450 (-12.3%) | +$550 (+20.8%) | $2,900 – $3,500 | 47 |
| 3BR | $2,800 | −$850 (-23.3%) | +$150 (+5.7%) | $2,800 – $2,800 | 1 |
| 4BR | $3,647 | +$147 (+4.2%) | +$247 (+7.3%) | $3,200 – $3,700 | 7 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — October 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,250 | $2,411 | −$160 (-6.7%) |
| 1BR | $1,575 | $2,450 | −$875 (-35.7%) |
| 2BR | $2,350 | $2,900 | −$550 (-19.0%) |
| 2BR | $2,300 | $2,900 | −$600 (-20.7%) |
| 2BR | $2,500 | $2,900 | −$400 (-13.8%) |
| 3BR | $3,500 | $3,349 | +$151 (+4.5%) |
| 3BR | $3,200 | $3,349 | −$149 (-4.4%) |
| 3BR | $2,800 | $3,349 | −$549 (-16.4%) |
| 4BR | $3,647 | $4,200 | −$553 (-13.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.