Monthly Rent Report
SoHo Rent Report — November 2024
Asking rents in ZIP 10012, New York City, from 31 listings.
Median 1BR rent in SoHo was $4,175 in November 2024, up 30.5% (+$975) from October 2024 and up 10.7% year-over-year. The middle half of 1BR listings asked between $4,175 and $4,175. That puts SoHo $1,725 above the New York City citywide 1BR median of $2,450. The month's figures are based on 31 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,625 | +$175 (+5.1%) | +$625 (+20.8%) | $3,313 – $3,938 | 2 |
| Studio | $3,625 | +$175 (+5.1%) | +$625 (+20.8%) | $3,313 – $3,938 | 2 |
| 1BR | $4,175 | +$975 (+30.5%) | +$403 (+10.7%) | $4,175 – $4,175 | 1 |
| 2BR | $8,400 | +$3,353 (+66.4%) | +$4,850 (+136.6%) | $6,850 – $18,500 | 9 |
| 2BR | $8,400 | +$3,353 (+66.4%) | +$4,850 (+136.6%) | $6,850 – $18,500 | 9 |
| 3BR | $5,900 | −$595 (-9.2%) | −$8,600 (-59.3%) | $5,900 – $5,900 | 4 |
| 3BR | $5,900 | −$595 (-9.2%) | −$8,600 (-59.3%) | $5,900 – $5,900 | 1 |
| 4BR | $9,000 | −$200 (-2.2%) | +$2,700 (+42.9%) | $9,000 – $11,000 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
SoHo vs. New York City — November 2024
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,625 | $2,383 | +$1,242 (+52.1%) |
| Studio | $3,625 | $2,383 | +$1,242 (+52.1%) |
| 1BR | $4,175 | $2,450 | +$1,725 (+70.4%) |
| 2BR | $8,400 | $2,950 | +$5,450 (+184.7%) |
| 2BR | $8,400 | $2,950 | +$5,450 (+184.7%) |
| 3BR | $5,900 | $3,600 | +$2,300 (+63.9%) |
| 3BR | $5,900 | $3,600 | +$2,300 (+63.9%) |
| 4BR | $9,000 | $4,375 | +$4,625 (+105.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.