Monthly Rent Report
Jamaica Rent Report — January 2024
Asking rents in ZIP 11434, New York City, from 89 listings.
Median 1BR rent in Jamaica was $1,875 in January 2024, down 21.1% (−$500) from December 2023 and up 17.2% year-over-year. The middle half of 1BR listings asked between $1,688 and $2,063. That puts Jamaica $475 below the New York City citywide 1BR median of $2,350. The month's figures are based on 89 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | — | — | $1,000 – $1,075 | 4 |
| Studio | $1,000 | — | — | $1,000 – $1,075 | 4 |
| 1BR | $1,875 | −$500 (-21.1%) | +$275 (+17.2%) | $1,688 – $2,063 | 2 |
| 1BR | $1,875 | −$500 (-21.1%) | +$275 (+17.2%) | $1,688 – $2,063 | 2 |
| 2BR | $2,500 | +$250 (+11.1%) | +$250 (+11.1%) | $2,500 – $2,500 | 2 |
| 2BR | $2,500 | +$250 (+11.1%) | +$250 (+11.1%) | $2,400 – $2,500 | 17 |
| 2BR | $2,696 | +$446 (+19.8%) | +$446 (+19.8%) | $2,696 – $2,696 | 1 |
| 3BR | $3,300 | −$200 (-5.7%) | +$600 (+22.2%) | $3,200 – $3,777 | 37 |
| 3BR | $4,386 | +$886 (+25.3%) | +$1,686 (+62.4%) | $4,082 – $4,691 | 2 |
| 3BR | $2,950 | −$550 (-15.7%) | +$250 (+9.3%) | $2,950 – $2,950 | 1 |
| 4BR | $4,070 | +$570 (+16.3%) | +$570 (+16.3%) | $4,070 – $4,070 | 2 |
| 4BR | $4,070 | +$570 (+16.3%) | +$570 (+16.3%) | $4,070 – $4,070 | 15 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — January 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $2,338 | −$1,337 (-57.2%) |
| Studio | $1,000 | $2,338 | −$1,337 (-57.2%) |
| 1BR | $1,875 | $2,350 | −$475 (-20.2%) |
| 1BR | $1,875 | $2,350 | −$475 (-20.2%) |
| 2BR | $2,500 | $2,885 | −$385 (-13.3%) |
| 2BR | $2,500 | $2,885 | −$385 (-13.3%) |
| 2BR | $2,696 | $2,885 | −$189 (-6.6%) |
| 3BR | $3,300 | $3,443 | −$143 (-4.2%) |
| 3BR | $4,386 | $3,443 | +$943 (+27.4%) |
| 3BR | $2,950 | $3,443 | −$493 (-14.3%) |
| 4BR | $4,070 | $4,000 | +$70 (+1.8%) |
| 4BR | $4,070 | $4,000 | +$70 (+1.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.