Monthly Rent Report
Jamaica Rent Report — December 2023
Asking rents in ZIP 11434, New York City, from 32 listings.
Median 1BR rent in Jamaica was $1,000 in December 2023, down 38.0% (−$612) from November 2023 and down 64.3% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts Jamaica $1,400 below the New York City citywide 1BR median of $2,400. The month's figures are based on 32 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,000 | −$612 (-38.0%) | −$1,800 (-64.3%) | $1,000 – $1,000 | 1 |
| 1BR | $2,375 | +$763 (+47.3%) | −$425 (-15.2%) | $2,350 – $2,471 | 6 |
| 2BR | $2,150 | −$200 (-8.5%) | −$325 (-13.1%) | $2,000 – $2,350 | 7 |
| 2BR | $2,250 | −$100 (-4.3%) | −$225 (-9.1%) | $2,000 – $2,350 | 8 |
| 3BR | $3,250 | −$250 (-7.1%) | +$650 (+25.0%) | $3,000 – $3,500 | 4 |
| 3BR | $3,000 | −$500 (-14.3%) | +$400 (+15.4%) | $3,000 – $3,000 | 2 |
| 3BR | $3,500 | $0 (0.0%) | +$900 (+34.6%) | $3,500 – $3,500 | 2 |
| 4BR | $3,500 | −$2,300 (-39.7%) | +$100 (+2.9%) | $3,500 – $3,500 | 1 |
| 4BR | $5,800 | $0 (0.0%) | +$2,400 (+70.6%) | $5,800 – $5,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — December 2023
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,000 | $2,400 | −$1,400 (-58.3%) |
| 1BR | $2,375 | $2,400 | −$25 (-1.0%) |
| 2BR | $2,150 | $2,900 | −$750 (-25.9%) |
| 2BR | $2,250 | $2,900 | −$650 (-22.4%) |
| 3BR | $3,250 | $3,500 | −$250 (-7.1%) |
| 3BR | $3,000 | $3,500 | −$500 (-14.3%) |
| 3BR | $3,500 | $3,500 | $0 (0.0%) |
| 4BR | $3,500 | $4,070 | −$570 (-14.0%) |
| 4BR | $5,800 | $4,070 | +$1,730 (+42.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.