Monthly Rent Report
SoHo Rent Report — January 2025
Asking rents in ZIP 10012, New York City, from 281 listings.
Median 1BR rent in SoHo was $4,600 in January 2025, up 8.2% (+$350) from December 2024 and up 39.4% year-over-year. The middle half of 1BR listings asked between $4,600 and $4,600. That puts SoHo $2,100 above the New York City citywide 1BR median of $2,500. The month's figures are based on 281 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,995 | −$352 (-10.5%) | −$705 (-19.1%) | $2,995 – $2,995 | 1 |
| Studio | $3,395 | +$48 (+1.4%) | −$305 (-8.2%) | $2,950 – $3,900 | 35 |
| 1BR | $4,600 | +$350 (+8.2%) | +$1,300 (+39.4%) | $4,600 – $4,600 | 4 |
| 1BR | $4,495 | +$245 (+5.8%) | +$1,195 (+36.2%) | $4,495 – $4,495 | 2 |
| 1BR | $4,495 | +$245 (+5.8%) | +$1,195 (+36.2%) | $3,800 – $5,195 | 130 |
| 2BR | $6,250 | −$1,765 (-22.0%) | +$1,250 (+25.0%) | $6,250 – $6,250 | 3 |
| 2BR | $5,400 | −$2,615 (-32.6%) | +$400 (+8.0%) | $4,995 – $6,250 | 5 |
| 2BR | $5,195 | −$2,820 (-35.2%) | +$195 (+3.9%) | $4,600 – $7,500 | 77 |
| 3BR | $7,500 | −$3,700 (-33.0%) | −$5,000 (-40.0%) | $7,100 – $9,000 | 19 |
| 3BR | $7,100 | −$4,100 (-36.6%) | −$5,400 (-43.2%) | $7,100 – $7,100 | 1 |
| 4BR | $7,338 | −$1,012 (-12.1%) | −$475 (-6.1%) | $6,506 – $8,169 | 2 |
| 4BR | $7,338 | −$1,012 (-12.1%) | −$475 (-6.1%) | $6,506 – $8,169 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
SoHo vs. New York City — January 2025
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,995 | $2,525 | +$470 (+18.6%) |
| Studio | $3,395 | $2,525 | +$870 (+34.5%) |
| 1BR | $4,600 | $2,500 | +$2,100 (+84.0%) |
| 1BR | $4,495 | $2,500 | +$1,995 (+79.8%) |
| 1BR | $4,495 | $2,500 | +$1,995 (+79.8%) |
| 2BR | $6,250 | $2,900 | +$3,350 (+115.5%) |
| 2BR | $5,400 | $2,900 | +$2,500 (+86.2%) |
| 2BR | $5,195 | $2,900 | +$2,295 (+79.1%) |
| 3BR | $7,500 | $3,500 | +$4,000 (+114.3%) |
| 3BR | $7,100 | $3,500 | +$3,600 (+102.9%) |
| 4BR | $7,338 | $4,100 | +$3,238 (+79.0%) |
| 4BR | $7,338 | $4,100 | +$3,238 (+79.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.