Monthly Rent Report
SoHo Rent Report — December 2024
Asking rents in ZIP 10012, New York City, from 63 listings.
Median 1BR rent in SoHo was $4,288 in December 2024, up 2.7% (+$113) from November 2024 and down 47.7% year-over-year. The middle half of 1BR listings asked between $4,100 and $4,496. That puts SoHo $1,808 above the New York City citywide 1BR median of $2,480. The month's figures are based on 63 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,348 | −$277 (-7.7%) | +$598 (+21.7%) | $3,321 – $3,374 | 2 |
| Studio | $3,348 | −$277 (-7.7%) | +$598 (+21.7%) | $3,321 – $3,374 | 2 |
| 1BR | $4,288 | +$113 (+2.7%) | −$3,912 (-47.7%) | $4,100 – $4,496 | 16 |
| 1BR | $4,325 | +$150 (+3.6%) | −$3,875 (-47.3%) | $4,100 – $4,498 | 15 |
| 1BR | $4,250 | +$75 (+1.8%) | −$3,950 (-48.2%) | $4,250 – $4,250 | 1 |
| 2BR | $7,625 | −$775 (-9.2%) | +$2,630 (+52.7%) | $6,125 – $13,750 | 10 |
| 2BR | $8,015 | −$385 (-4.6%) | +$3,020 (+60.5%) | $8,015 – $8,015 | 2 |
| 2BR | $8,015 | −$385 (-4.6%) | +$3,020 (+60.5%) | $8,015 – $8,015 | 7 |
| 3BR | $11,200 | +$5,300 (+89.8%) | −$1,300 (-10.4%) | $9,300 – $13,100 | 2 |
| 3BR | $11,200 | +$5,300 (+89.8%) | −$1,300 (-10.4%) | $9,300 – $13,100 | 2 |
| 4BR | $8,350 | −$650 (-7.2%) | +$2,750 (+49.1%) | $8,350 – $8,350 | 2 |
| 4BR | $8,350 | −$650 (-7.2%) | +$2,750 (+49.1%) | $8,350 – $8,350 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
SoHo vs. New York City — December 2024
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,348 | $2,525 | +$823 (+32.6%) |
| Studio | $3,348 | $2,525 | +$823 (+32.6%) |
| 1BR | $4,288 | $2,480 | +$1,808 (+72.9%) |
| 1BR | $4,325 | $2,480 | +$1,846 (+74.4%) |
| 1BR | $4,250 | $2,480 | +$1,771 (+71.4%) |
| 2BR | $7,625 | $2,975 | +$4,650 (+156.3%) |
| 2BR | $8,015 | $2,975 | +$5,040 (+169.4%) |
| 2BR | $8,015 | $2,975 | +$5,040 (+169.4%) |
| 3BR | $11,200 | $3,546 | +$7,655 (+215.9%) |
| 3BR | $11,200 | $3,546 | +$7,655 (+215.9%) |
| 4BR | $8,350 | $4,150 | +$4,200 (+101.2%) |
| 4BR | $8,350 | $4,150 | +$4,200 (+101.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.