Monthly Rent Report
SoHo Rent Report — December 2022
Asking rents in ZIP 10012, New York City, from 180 listings.
Median 1BR rent in SoHo was $4,295 in December 2022, up 10.3% (+$400) from November 2022. The middle half of 1BR listings asked between $4,295 and $4,295. That puts SoHo $2,074 above the New York City citywide 1BR median of $2,222. The month's figures are based on 180 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,748 | −$102 (-3.6%) | — | $2,624 – $2,871 | 2 |
| Studio | $2,995 | +$145 (+5.1%) | — | $2,813 – $3,096 | 10 |
| Studio | $2,923 | +$73 (+2.5%) | — | $2,786 – $2,995 | 4 |
| 1BR | $4,295 | +$400 (+10.3%) | — | $4,295 – $4,295 | 1 |
| 1BR | $4,295 | +$400 (+10.3%) | — | $4,161 – $4,560 | 38 |
| 1BR | $4,278 | +$383 (+9.8%) | — | $3,620 – $4,950 | 26 |
| 2BR | $4,395 | +$200 (+4.8%) | — | $4,295 – $4,495 | 2 |
| 2BR | $5,608 | +$1,413 (+33.7%) | — | $4,286 – $7,950 | 22 |
| 2BR | $5,448 | +$1,253 (+29.9%) | — | $4,260 – $8,165 | 24 |
| 3BR | $5,100 | $0 (0.0%) | — | $5,000 – $5,750 | 3 |
| 3BR | $18,000 | +$12,900 (+252.9%) | — | $8,625 – $18,000 | 14 |
| 3BR | $5,595 | +$495 (+9.7%) | — | $5,100 – $8,075 | 19 |
| 4BR | $9,625 | +$125 (+1.3%) | — | $9,438 – $9,813 | 2 |
| 4BR | $9,809 | +$309 (+3.3%) | — | $9,250 – $9,809 | 5 |
| 4BR | $9,809 | +$309 (+3.3%) | — | $9,809 – $9,809 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
SoHo vs. New York City — December 2022
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,748 | $2,098 | +$650 (+31.0%) |
| Studio | $2,995 | $2,098 | +$898 (+42.8%) |
| Studio | $2,923 | $2,098 | +$825 (+39.3%) |
| 1BR | $4,295 | $2,222 | +$2,074 (+93.3%) |
| 1BR | $4,295 | $2,222 | +$2,074 (+93.3%) |
| 1BR | $4,278 | $2,222 | +$2,056 (+92.6%) |
| 2BR | $4,395 | $2,700 | +$1,695 (+62.8%) |
| 2BR | $5,608 | $2,700 | +$2,908 (+107.7%) |
| 2BR | $5,448 | $2,700 | +$2,748 (+101.8%) |
| 3BR | $5,100 | $3,200 | +$1,900 (+59.4%) |
| 3BR | $18,000 | $3,200 | +$14,800 (+462.5%) |
| 3BR | $5,595 | $3,200 | +$2,395 (+74.8%) |
| 4BR | $9,625 | $3,750 | +$5,875 (+156.7%) |
| 4BR | $9,809 | $3,750 | +$6,059 (+161.6%) |
| 4BR | $9,809 | $3,750 | +$6,059 (+161.6%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.