Monthly Rent Report
SoHo Rent Report — October 2022
Asking rents in ZIP 10012, New York City, from 188 listings.
Median 1BR rent in SoHo was $3,745 in October 2022, down 8.7% (−$355) from September 2022. The middle half of 1BR listings asked between $3,270 and $3,995. That puts SoHo $1,490 above the New York City citywide 1BR median of $2,255. The month's figures are based on 188 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,850 | −$400 (-12.3%) | — | $2,800 – $3,198 | 19 |
| Studio | $3,350 | +$100 (+3.1%) | — | $3,025 – $3,663 | 12 |
| Studio | $3,000 | −$250 (-7.7%) | — | $2,975 – $3,500 | 3 |
| 1BR | $3,745 | −$355 (-8.7%) | — | $3,270 – $3,995 | 6 |
| 1BR | $3,995 | −$105 (-2.6%) | — | $3,995 – $3,995 | 1 |
| 1BR | $3,795 | −$305 (-7.4%) | — | $3,325 – $4,495 | 39 |
| 2BR | $7,000 | +$2,505 (+55.7%) | — | $5,300 – $9,500 | 37 |
| 2BR | $8,000 | +$3,505 (+78.0%) | — | $8,000 – $8,000 | 1 |
| 2BR | $8,400 | +$3,905 (+86.9%) | — | $6,500 – $11,000 | 31 |
| 3BR | $5,200 | −$2,795 (-35.0%) | — | $5,200 – $5,200 | 1 |
| 3BR | $7,995 | $0 (0.0%) | — | $6,248 – $9,850 | 11 |
| 3BR | $4,995 | −$3,000 (-37.5%) | — | $4,995 – $9,298 | 15 |
| 4BR | $9,809 | +$814 (+9.0%) | — | $9,809 – $9,809 | 1 |
| 4BR | $8,500 | −$495 (-5.5%) | — | $8,121 – $8,500 | 6 |
| 4BR | $9,250 | +$255 (+2.8%) | — | $8,623 – $9,530 | 3 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
SoHo vs. New York City — October 2022
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,850 | $2,283 | +$568 (+24.9%) |
| Studio | $3,350 | $2,283 | +$1,068 (+46.8%) |
| Studio | $3,000 | $2,283 | +$718 (+31.4%) |
| 1BR | $3,745 | $2,255 | +$1,490 (+66.1%) |
| 1BR | $3,995 | $2,255 | +$1,740 (+77.2%) |
| 1BR | $3,795 | $2,255 | +$1,540 (+68.3%) |
| 2BR | $7,000 | $2,700 | +$4,300 (+159.3%) |
| 2BR | $8,000 | $2,700 | +$5,300 (+196.3%) |
| 2BR | $8,400 | $2,700 | +$5,700 (+211.1%) |
| 3BR | $5,200 | $3,200 | +$2,000 (+62.5%) |
| 3BR | $7,995 | $3,200 | +$4,795 (+149.8%) |
| 3BR | $4,995 | $3,200 | +$1,795 (+56.1%) |
| 4BR | $9,809 | $3,999 | +$5,810 (+145.3%) |
| 4BR | $8,500 | $3,999 | +$4,501 (+112.6%) |
| 4BR | $9,250 | $3,999 | +$5,251 (+131.3%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.