Monthly Rent Report
SoHo Rent Report — April 2023
Asking rents in ZIP 10012, New York City, from 439 listings.
Median 1BR rent in SoHo was $4,395 in April 2023, up 3.2% (+$138) from March 2023. The middle half of 1BR listings asked between $4,395 and $4,395. That puts SoHo $2,023 above the New York City citywide 1BR median of $2,373. The month's figures are based on 439 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,750 | −$695 (-20.2%) | — | $2,750 – $2,750 | 1 |
| Studio | $3,495 | +$50 (+1.5%) | — | $3,400 – $4,000 | 9 |
| Studio | $3,295 | −$150 (-4.4%) | — | $2,950 – $3,500 | 27 |
| 1BR | $4,395 | +$138 (+3.2%) | — | $4,395 – $4,395 | 1 |
| 1BR | $4,000 | −$257 (-6.0%) | — | $3,400 – $4,780 | 45 |
| 1BR | $4,250 | −$7 (-0.2%) | — | $3,500 – $5,250 | 121 |
| 2BR | $6,250 | +$2,055 (+49.0%) | — | $4,850 – $9,713 | 94 |
| 2BR | $6,848 | +$2,653 (+63.2%) | — | $5,496 – $12,775 | 34 |
| 2BR | $6,475 | +$2,280 (+54.4%) | — | $4,850 – $10,688 | 70 |
| 3BR | $6,873 | −$1,122 (-14.0%) | — | $5,670 – $8,125 | 20 |
| 3BR | $4,295 | −$3,700 (-46.3%) | — | $4,295 – $4,295 | 1 |
| 3BR | $6,950 | −$1,045 (-13.1%) | — | $6,324 – $10,000 | 8 |
| 4BR | $17,750 | +$8,750 (+97.2%) | — | $17,688 – $17,750 | 4 |
| 4BR | $17,750 | +$8,750 (+97.2%) | — | $17,688 – $17,750 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
SoHo vs. New York City — April 2023
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,750 | $2,349 | +$401 (+17.1%) |
| Studio | $3,495 | $2,349 | +$1,146 (+48.8%) |
| Studio | $3,295 | $2,349 | +$946 (+40.3%) |
| 1BR | $4,395 | $2,373 | +$2,023 (+85.2%) |
| 1BR | $4,000 | $2,373 | +$1,628 (+68.6%) |
| 1BR | $4,250 | $2,373 | +$1,878 (+79.1%) |
| 2BR | $6,250 | $2,795 | +$3,455 (+123.6%) |
| 2BR | $6,848 | $2,795 | +$4,053 (+145.0%) |
| 2BR | $6,475 | $2,795 | +$3,680 (+131.7%) |
| 3BR | $6,873 | $3,200 | +$3,673 (+114.8%) |
| 3BR | $4,295 | $3,200 | +$1,095 (+34.2%) |
| 3BR | $6,950 | $3,200 | +$3,750 (+117.2%) |
| 4BR | $17,750 | $4,148 | +$13,603 (+328.0%) |
| 4BR | $17,750 | $4,148 | +$13,603 (+328.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.