Monthly Rent Report
Jamaica Rent Report — February 2024
Asking rents in ZIP 11434, New York City, from 127 listings.
Median 1BR rent in Jamaica was $1,699 in February 2024, down 9.4% (−$176) from January 2024 and up 13.3% year-over-year. The middle half of 1BR listings asked between $1,563 and $1,800. That puts Jamaica $751 below the New York City citywide 1BR median of $2,450. The month's figures are based on 127 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | +$400 (+40.0%) | — | $1,200 – $1,400 | 3 |
| Studio | $1,400 | +$400 (+40.0%) | — | $1,200 – $1,400 | 3 |
| 1BR | $1,699 | −$176 (-9.4%) | +$199 (+13.3%) | $1,563 – $1,800 | 14 |
| 1BR | $1,699 | −$176 (-9.4%) | +$199 (+13.3%) | $1,563 – $1,800 | 14 |
| 2BR | $2,500 | $0 (0.0%) | +$100 (+4.2%) | $2,300 – $3,200 | 26 |
| 2BR | $2,850 | +$350 (+14.0%) | +$450 (+18.8%) | $2,500 – $3,200 | 4 |
| 3BR | $2,700 | −$600 (-18.2%) | +$100 (+3.8%) | $2,700 – $2,700 | 2 |
| 3BR | $3,300 | $0 (0.0%) | +$700 (+26.9%) | $3,199 – $3,500 | 43 |
| 3BR | $3,199 | −$101 (-3.1%) | +$599 (+23.0%) | $3,000 – $3,199 | 5 |
| 4BR | $3,200 | −$870 (-21.4%) | −$400 (-11.1%) | $3,200 – $3,875 | 11 |
| 4BR | $3,200 | −$870 (-21.4%) | −$400 (-11.1%) | $3,200 – $3,200 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — February 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $2,359 | −$959 (-40.6%) |
| Studio | $1,400 | $2,359 | −$959 (-40.6%) |
| 1BR | $1,699 | $2,450 | −$751 (-30.7%) |
| 1BR | $1,699 | $2,450 | −$751 (-30.7%) |
| 2BR | $2,500 | $2,979 | −$479 (-16.1%) |
| 2BR | $2,850 | $2,979 | −$129 (-4.3%) |
| 3BR | $2,700 | $3,500 | −$800 (-22.9%) |
| 3BR | $3,300 | $3,500 | −$200 (-5.7%) |
| 3BR | $3,199 | $3,500 | −$301 (-8.6%) |
| 4BR | $3,200 | $4,148 | −$947 (-22.8%) |
| 4BR | $3,200 | $4,148 | −$947 (-22.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.