Monthly Rent Report

SoHo Rent Report — July 2022

Asking rents in ZIP 10012, New York City, from 215 listings.

Median 1BR rent in SoHo was $4,495 in July 2022, flat versus June 2022. The middle half of 1BR listings asked between $3,773 and $5,343. That puts SoHo $2,229 above the New York City citywide 1BR median of $2,266. The month's figures are based on 215 listings across 17 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2022Vs. Year AgoP25–P75 RangeListings
Studio$3,145−$105 (-3.2%)—$3,063 – $3,65014
Studio$4,000+$750 (+23.1%)—$3,500 – $4,2509
Studio$4,500+$1,250 (+38.5%)—$4,500 – $4,5001
1BR$4,495$0 (0.0%)—$3,773 – $5,34347
1BR$4,250−$245 (-5.5%)—$3,600 – $6,50029
1BR$3,595−$900 (-20.0%)—$3,595 – $3,5951
2BR$6,350+$500 (+8.5%)—$5,371 – $9,27540
2BR$6,500+$650 (+11.1%)—$5,200 – $8,00037
2BR$4,495−$1,355 (-23.2%)—$4,495 – $4,4951
3BR$5,525−$325 (-5.6%)—$5,463 – $5,5882
3BR$7,848+$1,998 (+34.1%)—$6,050 – $11,42514
3BR$8,200+$2,350 (+40.2%)—$6,000 – $8,4955
4BR$9,250−$4,750 (-33.9%)—$9,000 – $9,5002
4BR$9,250−$4,750 (-33.9%)—$9,000 – $9,5002
4BR$8,750−$5,250 (-37.5%)—$8,750 – $8,7505

Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.

SoHo vs. New York City — July 2022

BedroomsSoHo MedianNYC Citywide MedianDifference
Studio$3,145$2,245+$900 (+40.1%)
Studio$4,000$2,245+$1,755 (+78.2%)
Studio$4,500$2,245+$2,255 (+100.5%)
1BR$4,495$2,266+$2,229 (+98.4%)
1BR$4,250$2,266+$1,984 (+87.6%)
1BR$3,595$2,266+$1,329 (+58.7%)
2BR$6,350$2,800+$3,550 (+126.8%)
2BR$6,500$2,800+$3,700 (+132.1%)
2BR$4,495$2,800+$1,695 (+60.5%)
3BR$5,525$3,250+$2,275 (+70.0%)
3BR$7,848$3,250+$4,598 (+141.5%)
3BR$8,200$3,250+$4,950 (+152.3%)
4BR$9,250$4,495+$4,755 (+105.8%)
4BR$9,250$4,495+$4,755 (+105.8%)
4BR$8,750$4,495+$4,255 (+94.7%)

Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in July 2022.

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