Monthly Rent Report
SoHo Rent Report — March 2025
Asking rents in ZIP 10012, New York City, from 488 listings.
Median 1BR rent in SoHo was $4,600 in March 2025, down 7.9% (−$395) from February 2025 and up 2.3% 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 488 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,800 | +$1,600 (+50.0%) | +$1,825 (+61.3%) | $3,898 – $4,900 | 99 |
| Studio | $4,800 | +$1,600 (+50.0%) | +$1,825 (+61.3%) | $3,899 – $4,900 | 76 |
| 1BR | $4,600 | −$395 (-7.9%) | +$105 (+2.3%) | $4,600 – $4,600 | 1 |
| 1BR | $5,675 | +$680 (+13.6%) | +$1,180 (+26.3%) | $4,423 – $6,500 | 208 |
| 1BR | $5,495 | +$500 (+10.0%) | +$1,000 (+22.2%) | $5,495 – $5,495 | 1 |
| 2BR | $5,973 | −$350 (-5.5%) | +$1,078 (+22.0%) | $5,734 – $6,211 | 2 |
| 2BR | $6,895 | +$573 (+9.1%) | +$2,000 (+40.9%) | $6,895 – $6,895 | 1 |
| 2BR | $6,175 | −$147 (-2.3%) | +$1,280 (+26.1%) | $4,999 – $8,875 | 72 |
| 3BR | $9,400 | −$3,875 (-29.2%) | +$1,450 (+18.2%) | $7,100 – $12,500 | 21 |
| 3BR | $5,495 | −$7,780 (-58.6%) | −$2,455 (-30.9%) | $5,495 – $5,495 | 1 |
| 4BR | $8,795 | −$405 (-4.4%) | −$5,205 (-37.2%) | $8,373 – $8,898 | 3 |
| 4BR | $8,795 | −$405 (-4.4%) | −$5,205 (-37.2%) | $8,373 – $8,898 | 3 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
SoHo vs. New York City — March 2025
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,800 | $2,514 | +$2,287 (+91.0%) |
| Studio | $4,800 | $2,514 | +$2,287 (+91.0%) |
| 1BR | $4,600 | $2,500 | +$2,100 (+84.0%) |
| 1BR | $5,675 | $2,500 | +$3,175 (+127.0%) |
| 1BR | $5,495 | $2,500 | +$2,995 (+119.8%) |
| 2BR | $5,973 | $2,938 | +$3,035 (+103.3%) |
| 2BR | $6,895 | $2,938 | +$3,958 (+134.7%) |
| 2BR | $6,175 | $2,938 | +$3,238 (+110.2%) |
| 3BR | $9,400 | $3,600 | +$5,800 (+161.1%) |
| 3BR | $5,495 | $3,600 | +$1,895 (+52.6%) |
| 4BR | $8,795 | $4,400 | +$4,395 (+99.9%) |
| 4BR | $8,795 | $4,400 | +$4,395 (+99.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2025.