Monthly Rent Report
Jamaica Rent Report — October 2024
Asking rents in ZIP 11434, New York City, from 16 listings.
Median 1BR rent in Jamaica was $1,000 in October 2024, flat versus September 2024 and down 36.5% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts Jamaica $1,306 below the New York City citywide 1BR median of $2,306. The month's figures are based on 16 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | −$1,500 (-54.5%) | −$1,000 (-44.4%) | $1,250 – $1,250 | 1 |
| 1BR | $1,000 | $0 (0.0%) | −$575 (-36.5%) | $1,000 – $1,000 | 1 |
| 2BR | $1,200 | −$1,600 (-57.1%) | −$1,100 (-47.8%) | $1,200 – $1,200 | 1 |
| 3BR | $3,400 | +$200 (+6.3%) | +$200 (+6.3%) | $2,900 – $3,525 | 12 |
| 4BR | $3,600 | −$199 (-5.2%) | −$47 (-1.3%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Jamaica vs. New York City — October 2024
| Bedrooms | Jamaica Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $2,550 | −$1,300 (-51.0%) |
| 1BR | $1,000 | $2,306 | −$1,306 (-56.6%) |
| 2BR | $1,200 | $2,914 | −$1,713 (-58.8%) |
| 3BR | $3,400 | $3,519 | −$119 (-3.4%) |
| 4BR | $3,600 | $4,100 | −$500 (-12.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.