Monthly Rent Report
SoHo Rent Report — May 2025
Asking rents in ZIP 10012, New York City, from 137 listings.
Median 1BR rent in SoHo was $6,500 in May 2025, up 20.5% (+$1,105) from April 2025 and up 44.6% year-over-year. The middle half of 1BR listings asked between $5,803 and $6,800. That puts SoHo $3,659 above the New York City citywide 1BR median of $2,841. The month's figures are based on 137 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,800 | $0 (0.0%) | +$1,250 (+35.2%) | $3,995 – $5,200 | 30 |
| Studio | $4,025 | −$775 (-16.1%) | +$475 (+13.4%) | $3,888 – $4,163 | 2 |
| 1BR | $6,500 | +$1,105 (+20.5%) | +$2,005 (+44.6%) | $5,803 – $6,800 | 76 |
| 1BR | $5,500 | +$105 (+1.9%) | +$1,005 (+22.4%) | $5,500 – $5,500 | 1 |
| 2BR | $8,000 | +$1,800 (+29.0%) | +$2,249 (+39.1%) | $7,183 – $8,000 | 22 |
| 2BR | $5,095 | −$1,105 (-17.8%) | −$656 (-11.4%) | $5,095 – $5,095 | 1 |
| 3BR | $5,395 | −$100 (-1.8%) | +$800 (+17.4%) | $5,395 – $5,395 | 1 |
| 3BR | $10,500 | +$5,005 (+91.1%) | +$5,905 (+128.5%) | $10,500 – $10,500 | 3 |
| 4BR | $8,995 | −$255 (-2.8%) | −$11,000 (-55.0%) | $8,995 – $8,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
SoHo vs. New York City — May 2025
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,800 | $2,799 | +$2,001 (+71.5%) |
| Studio | $4,025 | $2,799 | +$1,226 (+43.8%) |
| 1BR | $6,500 | $2,841 | +$3,659 (+128.8%) |
| 1BR | $5,500 | $2,841 | +$2,659 (+93.6%) |
| 2BR | $8,000 | $3,263 | +$4,738 (+145.2%) |
| 2BR | $5,095 | $3,263 | +$1,833 (+56.2%) |
| 3BR | $5,395 | $3,777 | +$1,618 (+42.8%) |
| 3BR | $10,500 | $3,777 | +$6,723 (+178.0%) |
| 4BR | $8,995 | $4,345 | +$4,650 (+107.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.