Monthly Rent Report
Jamaica Rent Report — March 2024
Asking rents in ZIP 11434, New York City, from 86 listings.
Median 1BR rent in Jamaica was $1,999 in March 2024, up 17.7% (+$300) from February 2024. The middle half of 1BR listings asked between $1,900 and $2,000. That puts Jamaica $500 below the New York City citywide 1BR median of $2,499. The month's figures are based on 86 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | −$400 (-28.6%) | — | $1,000 – $1,000 | 1 |
| Studio | $1,000 | −$400 (-28.6%) | — | $1,000 – $1,000 | 2 |
| 1BR | $1,999 | +$300 (+17.7%) | — | $1,900 – $2,000 | 9 |
| 1BR | $1,000 | −$699 (-41.1%) | — | $1,000 – $1,000 | 1 |
| 1BR | $1,999 | +$300 (+17.7%) | — | $1,999 – $1,999 | 1 |
| 2BR | $2,800 | −$50 (-1.8%) | +$400 (+16.7%) | $2,762 – $3,200 | 17 |
| 2BR | $2,762 | −$88 (-3.1%) | +$362 (+15.1%) | $2,400 – $3,300 | 9 |
| 3BR | $3,250 | +$51 (+1.6%) | +$650 (+25.0%) | $3,250 – $3,250 | 1 |
| 3BR | $3,400 | +$201 (+6.3%) | +$800 (+30.8%) | $3,300 – $3,600 | 33 |
| 4BR | $3,500 | +$300 (+9.4%) | −$100 (-2.8%) | $3,350 – $4,070 | 7 |
| 4BR | $3,500 | +$300 (+9.4%) | −$100 (-2.8%) | $3,500 – $3,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — March 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $2,450 | −$1,450 (-59.2%) |
| Studio | $1,000 | $2,450 | −$1,450 (-59.2%) |
| 1BR | $1,999 | $2,499 | −$500 (-20.0%) |
| 1BR | $1,000 | $2,499 | −$1,499 (-60.0%) |
| 1BR | $1,999 | $2,499 | −$500 (-20.0%) |
| 2BR | $2,800 | $2,995 | −$194 (-6.5%) |
| 2BR | $2,762 | $2,995 | −$232 (-7.8%) |
| 3BR | $3,250 | $3,500 | −$250 (-7.1%) |
| 3BR | $3,400 | $3,500 | −$100 (-2.9%) |
| 4BR | $3,500 | $4,250 | −$749 (-17.6%) |
| 4BR | $3,500 | $4,250 | −$749 (-17.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.