Monthly Rent Report
SoHo Rent Report — June 2024
Asking rents in ZIP 10012, New York City, from 884 listings.
Median 1BR rent in SoHo was $4,250 in June 2024, down 3.4% (−$147) from May 2024 and up 11.8% year-over-year. The middle half of 1BR listings asked between $4,250 and $4,250. That puts SoHo $1,800 above the New York City citywide 1BR median of $2,450. The month's figures are based on 884 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,495 | −$455 (-11.5%) | −$5 (-0.1%) | $3,248 – $3,873 | 67 |
| Studio | $4,000 | +$50 (+1.3%) | +$500 (+14.3%) | $4,000 – $4,000 | 1 |
| Studio | $4,400 | +$450 (+11.4%) | +$900 (+25.7%) | $3,350 – $4,800 | 67 |
| 1BR | $4,250 | −$147 (-3.4%) | +$450 (+11.8%) | $4,250 – $4,250 | 1 |
| 1BR | $4,495 | +$98 (+2.2%) | +$695 (+18.3%) | $3,850 – $6,300 | 195 |
| 1BR | $4,350 | −$47 (-1.1%) | +$550 (+14.5%) | $3,795 – $4,995 | 181 |
| 2BR | $15,000 | +$9,249 (+160.8%) | +$5,550 (+58.7%) | $15,000 – $15,000 | 1 |
| 2BR | $4,995 | −$756 (-13.1%) | −$4,455 (-47.1%) | $4,341 – $6,895 | 119 |
| 2BR | $5,900 | +$149 (+2.6%) | −$3,550 (-37.6%) | $4,400 – $7,100 | 147 |
| 3BR | $15,000 | +$10,405 (+226.4%) | +$8,503 (+130.9%) | $15,000 – $15,000 | 1 |
| 3BR | $8,600 | +$4,005 (+87.2%) | +$2,103 (+32.4%) | $6,400 – $15,000 | 37 |
| 3BR | $6,970 | +$2,375 (+51.7%) | +$473 (+7.3%) | $6,299 – $7,950 | 32 |
| 4BR | $14,000 | −$5,995 (-30.0%) | +$4,075 (+41.1%) | $9,995 – $19,995 | 7 |
| 4BR | $9,995 | −$10,000 (-50.0%) | +$70 (+0.7%) | $9,970 – $14,000 | 15 |
| 4BR | $9,995 | −$10,000 (-50.0%) | +$70 (+0.7%) | $9,000 – $12,500 | 9 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
SoHo vs. New York City — June 2024
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,495 | $2,440 | +$1,055 (+43.2%) |
| Studio | $4,000 | $2,440 | +$1,560 (+63.9%) |
| Studio | $4,400 | $2,440 | +$1,960 (+80.3%) |
| 1BR | $4,250 | $2,450 | +$1,800 (+73.5%) |
| 1BR | $4,495 | $2,450 | +$2,045 (+83.5%) |
| 1BR | $4,350 | $2,450 | +$1,900 (+77.6%) |
| 2BR | $15,000 | $2,900 | +$12,100 (+417.2%) |
| 2BR | $4,995 | $2,900 | +$2,095 (+72.2%) |
| 2BR | $5,900 | $2,900 | +$3,000 (+103.4%) |
| 3BR | $15,000 | $3,600 | +$11,400 (+316.7%) |
| 3BR | $8,600 | $3,600 | +$5,000 (+138.9%) |
| 3BR | $6,970 | $3,600 | +$3,370 (+93.6%) |
| 4BR | $14,000 | $4,256 | +$9,744 (+228.9%) |
| 4BR | $9,995 | $4,256 | +$5,739 (+134.8%) |
| 4BR | $9,995 | $4,256 | +$5,739 (+134.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.