Monthly Rent Report
SoHo Rent Report — April 2024
Asking rents in ZIP 10012, New York City, from 445 listings.
Median 1BR rent in SoHo was $4,200 in April 2024, down 6.6% (−$295) from March 2024 and down 1.2% year-over-year. The middle half of 1BR listings asked between $3,663 and $5,295. That puts SoHo $1,700 above the New York City citywide 1BR median of $2,500. The month's figures are based on 445 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,745 | +$495 (+15.2%) | +$250 (+7.2%) | $3,175 – $4,050 | 32 |
| Studio | $3,795 | +$545 (+16.8%) | +$300 (+8.6%) | $3,300 – $4,900 | 29 |
| Studio | $3,000 | −$250 (-7.7%) | −$495 (-14.2%) | $3,000 – $3,000 | 2 |
| 1BR | $4,200 | −$295 (-6.6%) | −$50 (-1.2%) | $3,663 – $5,295 | 74 |
| 1BR | $4,495 | $0 (0.0%) | +$245 (+5.8%) | $4,495 – $4,495 | 1 |
| 1BR | $4,495 | $0 (0.0%) | +$245 (+5.8%) | $3,750 – $5,300 | 106 |
| 2BR | $4,083 | −$717 (-14.9%) | −$2,392 (-36.9%) | $3,716 – $4,449 | 2 |
| 2BR | $5,795 | +$995 (+20.7%) | −$680 (-10.5%) | $4,800 – $8,495 | 77 |
| 2BR | $7,000 | +$2,200 (+45.8%) | +$525 (+8.1%) | $4,350 – $12,500 | 45 |
| 3BR | $7,500 | +$1,205 (+19.1%) | +$628 (+9.1%) | $6,098 – $10,600 | 23 |
| 3BR | $7,000 | +$705 (+11.2%) | +$128 (+1.9%) | $6,800 – $11,100 | 19 |
| 3BR | $8,100 | +$1,805 (+28.7%) | +$1,228 (+17.9%) | $6,540 – $12,625 | 24 |
| 4BR | $9,300 | −$4,700 (-33.6%) | −$8,450 (-47.6%) | $8,500 – $11,750 | 5 |
| 4BR | $8,050 | −$5,950 (-42.5%) | −$9,700 (-54.6%) | $7,425 – $8,675 | 2 |
| 4BR | $9,300 | −$4,700 (-33.6%) | −$8,450 (-47.6%) | $9,100 – $10,475 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
SoHo vs. New York City — April 2024
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,745 | $2,491 | +$1,254 (+50.4%) |
| Studio | $3,795 | $2,491 | +$1,304 (+52.4%) |
| Studio | $3,000 | $2,491 | +$509 (+20.4%) |
| 1BR | $4,200 | $2,500 | +$1,700 (+68.0%) |
| 1BR | $4,495 | $2,500 | +$1,995 (+79.8%) |
| 1BR | $4,495 | $2,500 | +$1,995 (+79.8%) |
| 2BR | $4,083 | $2,995 | +$1,088 (+36.3%) |
| 2BR | $5,795 | $2,995 | +$2,800 (+93.5%) |
| 2BR | $7,000 | $2,995 | +$4,005 (+133.7%) |
| 3BR | $7,500 | $3,500 | +$4,000 (+114.3%) |
| 3BR | $7,000 | $3,500 | +$3,500 (+100.0%) |
| 3BR | $8,100 | $3,500 | +$4,600 (+131.4%) |
| 4BR | $9,300 | $4,270 | +$5,030 (+117.8%) |
| 4BR | $8,050 | $4,270 | +$3,780 (+88.5%) |
| 4BR | $9,300 | $4,270 | +$5,030 (+117.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.