Monthly Rent Report
SoHo Rent Report — November 2022
Asking rents in ZIP 10012, New York City, from 193 listings.
Median 1BR rent in SoHo was $4,295 in November 2022, up 13.2% (+$500) from October 2022. The middle half of 1BR listings asked between $4,295 and $4,295. That puts SoHo $2,051 above the New York City citywide 1BR median of $2,244. The month's figures are based on 193 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,995 | +$145 (+5.1%) | — | $2,661 – $3,200 | 26 |
| Studio | $2,850 | $0 (0.0%) | — | $2,600 – $3,063 | 19 |
| Studio | $2,598 | −$252 (-8.9%) | — | $2,596 – $2,599 | 2 |
| 1BR | $4,295 | +$500 (+13.2%) | — | $4,295 – $4,295 | 1 |
| 1BR | $4,295 | +$500 (+13.2%) | — | $3,995 – $4,584 | 74 |
| 1BR | $3,895 | +$100 (+2.6%) | — | $3,670 – $4,434 | 14 |
| 2BR | $18,000 | +$9,600 (+114.3%) | — | $12,500 – $18,000 | 3 |
| 2BR | $4,195 | −$4,205 (-50.1%) | — | $4,195 – $4,195 | 2 |
| 2BR | $8,475 | +$75 (+0.9%) | — | $6,850 – $12,613 | 18 |
| 3BR | $5,100 | −$2,895 (-36.2%) | — | $5,100 – $5,100 | 1 |
| 3BR | $8,998 | +$1,003 (+12.5%) | — | $7,000 – $12,075 | 16 |
| 3BR | $12,375 | +$4,380 (+54.8%) | — | $6,750 – $18,000 | 4 |
| 4BR | $9,500 | −$309 (-3.2%) | — | $9,500 – $9,655 | 3 |
| 4BR | $9,500 | −$309 (-3.2%) | — | $9,500 – $9,500 | 2 |
| 4BR | $9,500 | −$309 (-3.2%) | — | $9,375 – $9,655 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
SoHo vs. New York City — November 2022
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,995 | $2,148 | +$847 (+39.4%) |
| Studio | $2,850 | $2,148 | +$702 (+32.7%) |
| Studio | $2,598 | $2,148 | +$450 (+20.9%) |
| 1BR | $4,295 | $2,244 | +$2,051 (+91.4%) |
| 1BR | $4,295 | $2,244 | +$2,051 (+91.4%) |
| 1BR | $3,895 | $2,244 | +$1,651 (+73.6%) |
| 2BR | $18,000 | $2,700 | +$15,300 (+566.7%) |
| 2BR | $4,195 | $2,700 | +$1,495 (+55.4%) |
| 2BR | $8,475 | $2,700 | +$5,775 (+213.9%) |
| 3BR | $5,100 | $3,200 | +$1,900 (+59.4%) |
| 3BR | $8,998 | $3,200 | +$5,798 (+181.2%) |
| 3BR | $12,375 | $3,200 | +$9,175 (+286.7%) |
| 4BR | $9,500 | $3,900 | +$5,600 (+143.6%) |
| 4BR | $9,500 | $3,900 | +$5,600 (+143.6%) |
| 4BR | $9,500 | $3,900 | +$5,600 (+143.6%) |
Citywide figure is the median of zip-level medians across 170 New York City zip codes with listings in November 2022.