Monthly Rent Report
Jamaica Rent Report — May 2024
Asking rents in ZIP 11434, New York City, from 117 listings.
Median 1BR rent in Jamaica was $1,650 in May 2024, down 2.9% (−$50) from April 2024 and down 2.9% year-over-year. The middle half of 1BR listings asked between $1,613 and $1,706. That puts Jamaica $775 below the New York City citywide 1BR median of $2,425. The month's figures are based on 117 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,000 | +$2,000 (+200.0%) | +$700 (+30.4%) | $2,500 – $3,050 | 4 |
| Studio | $1,600 | +$600 (+60.0%) | −$700 (-30.4%) | $1,600 – $1,600 | 1 |
| Studio | $3,000 | +$2,000 (+200.0%) | +$700 (+30.4%) | $1,600 – $3,000 | 5 |
| 1BR | $1,650 | −$50 (-2.9%) | −$50 (-2.9%) | $1,613 – $1,706 | 6 |
| 1BR | $1,400 | −$300 (-17.6%) | −$300 (-17.6%) | $1,200 – $1,550 | 3 |
| 1BR | $1,688 | −$12 (-0.7%) | −$12 (-0.7%) | $1,669 – $1,706 | 2 |
| 2BR | $2,700 | −$300 (-10.0%) | +$300 (+12.5%) | $2,500 – $2,700 | 11 |
| 2BR | $3,200 | +$200 (+6.7%) | +$800 (+33.3%) | $3,100 – $3,200 | 3 |
| 2BR | $2,800 | −$200 (-6.7%) | +$400 (+16.7%) | $2,700 – $3,000 | 7 |
| 3BR | $3,500 | +$600 (+20.7%) | +$400 (+12.9%) | $3,200 – $3,777 | 41 |
| 3BR | $3,200 | +$300 (+10.3%) | +$100 (+3.2%) | $3,200 – $3,200 | 1 |
| 3BR | $3,300 | +$400 (+13.8%) | +$200 (+6.5%) | $3,200 – $3,600 | 13 |
| 4BR | $4,070 | +$435 (+12.0%) | +$470 (+13.1%) | $4,070 – $4,070 | 1 |
| 4BR | $3,500 | −$135 (-3.7%) | −$100 (-2.8%) | $3,500 – $3,500 | 1 |
| 4BR | $4,070 | +$435 (+12.0%) | +$470 (+13.1%) | $3,943 – $4,070 | 14 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — May 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,000 | $2,350 | +$650 (+27.7%) |
| Studio | $1,600 | $2,350 | −$750 (-31.9%) |
| Studio | $3,000 | $2,350 | +$650 (+27.7%) |
| 1BR | $1,650 | $2,425 | −$775 (-32.0%) |
| 1BR | $1,400 | $2,425 | −$1,025 (-42.3%) |
| 1BR | $1,688 | $2,425 | −$737 (-30.4%) |
| 2BR | $2,700 | $2,914 | −$213 (-7.3%) |
| 2BR | $3,200 | $2,914 | +$287 (+9.8%) |
| 2BR | $2,800 | $2,914 | −$113 (-3.9%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 3BR | $3,200 | $3,600 | −$400 (-11.1%) |
| 3BR | $3,300 | $3,600 | −$300 (-8.3%) |
| 4BR | $4,070 | $4,250 | −$180 (-4.2%) |
| 4BR | $3,500 | $4,250 | −$750 (-17.6%) |
| 4BR | $4,070 | $4,250 | −$180 (-4.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.