Monthly Rent Report
SoHo Rent Report — September 2022
Asking rents in ZIP 10012, New York City, from 387 listings.
Median 1BR rent in SoHo was $3,595 in September 2022, down 34.0% (−$1,855) from August 2022. The middle half of 1BR listings asked between $3,595 and $3,595. That puts SoHo $1,295 above the New York City citywide 1BR median of $2,300. The month's figures are based on 387 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,000 | −$300 (-9.1%) | — | $2,950 – $3,434 | 22 |
| Studio | $3,250 | −$50 (-1.5%) | — | $3,075 – $4,195 | 43 |
| Studio | $3,250 | −$50 (-1.5%) | — | $3,173 – $4,195 | 35 |
| 1BR | $3,595 | −$1,855 (-34.0%) | — | $3,595 – $3,595 | 1 |
| 1BR | $4,100 | −$1,350 (-24.8%) | — | $3,500 – $4,948 | 55 |
| 1BR | $4,248 | −$1,202 (-22.1%) | — | $3,595 – $5,245 | 106 |
| 2BR | $4,495 | −$1,755 (-28.1%) | — | $4,495 – $4,495 | 1 |
| 2BR | $16,500 | +$10,250 (+164.0%) | — | $16,500 – $16,500 | 1 |
| 2BR | $6,000 | −$250 (-4.0%) | — | $4,825 – $8,735 | 63 |
| 3BR | $5,500 | −$2,075 (-27.4%) | — | $5,500 – $5,500 | 1 |
| 3BR | $7,995 | +$420 (+5.5%) | — | $6,000 – $13,500 | 17 |
| 3BR | $8,995 | +$1,420 (+18.7%) | — | $7,498 – $10,000 | 27 |
| 4BR | $8,995 | −$648 (-6.7%) | — | $8,995 – $9,059 | 4 |
| 4BR | $9,809 | +$166 (+1.7%) | — | $9,809 – $9,809 | 1 |
| 4BR | $8,995 | −$648 (-6.7%) | — | $8,995 – $9,250 | 5 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
SoHo vs. New York City — September 2022
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,000 | $2,200 | +$800 (+36.4%) |
| Studio | $3,250 | $2,200 | +$1,050 (+47.7%) |
| Studio | $3,250 | $2,200 | +$1,050 (+47.7%) |
| 1BR | $3,595 | $2,300 | +$1,295 (+56.3%) |
| 1BR | $4,100 | $2,300 | +$1,800 (+78.3%) |
| 1BR | $4,248 | $2,300 | +$1,948 (+84.7%) |
| 2BR | $4,495 | $2,800 | +$1,695 (+60.5%) |
| 2BR | $16,500 | $2,800 | +$13,700 (+489.3%) |
| 2BR | $6,000 | $2,800 | +$3,200 (+114.3%) |
| 3BR | $5,500 | $3,395 | +$2,105 (+62.0%) |
| 3BR | $7,995 | $3,395 | +$4,600 (+135.5%) |
| 3BR | $8,995 | $3,395 | +$5,600 (+164.9%) |
| 4BR | $8,995 | $3,998 | +$4,997 (+125.0%) |
| 4BR | $9,809 | $3,998 | +$5,811 (+145.3%) |
| 4BR | $8,995 | $3,998 | +$4,997 (+125.0%) |
Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.