Monthly Rent Report
Jamaica Rent Report — August 2024
Asking rents in ZIP 11434, New York City, from 24 listings.
Median 1BR rent in Jamaica was $1,400 in August 2024, down 30.0% (−$600) from July 2024 and down 24.3% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,400. That puts Jamaica $990 below the New York City citywide 1BR median of $2,390. The month's figures are based on 24 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,000 | — | +$700 (+30.4%) | $3,000 – $3,000 | 3 |
| Studio | $3,000 | — | +$700 (+30.4%) | $3,000 – $3,000 | 2 |
| 1BR | $1,400 | −$600 (-30.0%) | −$450 (-24.3%) | $1,400 – $1,400 | 1 |
| 2BR | $2,500 | −$400 (-13.8%) | +$195 (+8.5%) | $2,500 – $2,500 | 2 |
| 3BR | $3,299 | −$165 (-4.8%) | +$374 (+12.8%) | $3,200 – $3,450 | 15 |
| 4BR | $4,070 | $0 (0.0%) | +$423 (+11.6%) | $4,070 – $4,070 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — August 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,000 | $2,500 | +$500 (+20.0%) |
| Studio | $3,000 | $2,500 | +$500 (+20.0%) |
| 1BR | $1,400 | $2,390 | −$990 (-41.4%) |
| 2BR | $2,500 | $2,900 | −$400 (-13.8%) |
| 3BR | $3,299 | $3,603 | −$304 (-8.4%) |
| 4BR | $4,070 | $4,225 | −$155 (-3.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.