Monthly Rent Report
Jamaica Rent Report — July 2024
Asking rents in ZIP 11434, New York City, from 65 listings.
Median 1BR rent in Jamaica was $1,000 in July 2024, down 16.7% (−$200) from June 2024 and down 45.9% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts Jamaica $1,500 below the New York City citywide 1BR median of $2,500. The month's figures are based on 65 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,000 | −$200 (-16.7%) | −$850 (-45.9%) | $1,000 – $1,000 | 1 |
| 1BR | $2,000 | +$800 (+66.7%) | +$150 (+8.1%) | $2,000 – $2,000 | 1 |
| 1BR | $2,000 | +$800 (+66.7%) | +$150 (+8.1%) | $2,000 – $2,000 | 1 |
| 2BR | $2,800 | −$200 (-6.7%) | +$300 (+12.0%) | $2,600 – $3,200 | 8 |
| 2BR | $2,900 | −$100 (-3.3%) | +$400 (+16.0%) | $2,900 – $2,900 | 1 |
| 2BR | $3,000 | $0 (0.0%) | +$500 (+20.0%) | $2,750 – $3,050 | 4 |
| 3BR | $3,464 | +$364 (+11.7%) | +$464 (+15.5%) | $3,100 – $3,700 | 13 |
| 3BR | $3,500 | +$400 (+12.9%) | +$500 (+16.7%) | $3,482 – $3,750 | 7 |
| 3BR | $3,420 | +$320 (+10.3%) | +$420 (+14.0%) | $3,200 – $3,525 | 20 |
| 4BR | $4,070 | $0 (0.0%) | +$370 (+10.0%) | $4,070 – $4,535 | 3 |
| 4BR | $4,070 | $0 (0.0%) | +$370 (+10.0%) | $4,070 – $4,070 | 3 |
| 4BR | $4,070 | $0 (0.0%) | +$370 (+10.0%) | $4,070 – $4,070 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — July 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,000 | $2,500 | −$1,500 (-60.0%) |
| 1BR | $2,000 | $2,500 | −$500 (-20.0%) |
| 1BR | $2,000 | $2,500 | −$500 (-20.0%) |
| 2BR | $2,800 | $3,000 | −$200 (-6.7%) |
| 2BR | $2,900 | $3,000 | −$100 (-3.3%) |
| 2BR | $3,000 | $3,000 | $0 (0.0%) |
| 3BR | $3,464 | $3,606 | −$142 (-3.9%) |
| 3BR | $3,500 | $3,606 | −$106 (-2.9%) |
| 3BR | $3,420 | $3,606 | −$186 (-5.2%) |
| 4BR | $4,070 | $4,500 | −$430 (-9.6%) |
| 4BR | $4,070 | $4,500 | −$430 (-9.6%) |
| 4BR | $4,070 | $4,500 | −$430 (-9.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.