Average Rent in SoHo, New York, NY

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Current Versus Historical SoHo, New York, NY Rents

SoHo rentals average $6,875 for a studio rental to $42,500 for a 4-bedroom rental. The median price of all currently available listings is $11,500, or roughly $9 per square feet.

For the apartment units and housing in December 2024, median rents have fallenover the last year. Studio rentals prices have increased by $3,068 (96.44%) year-over-year from $3,182 to $6,250. 1-bedroom rentals prices have decreased by $416 (-7.69%) year-over-year from $5,416 to $5,000. 2-bedroom rentals prices have increased by $503 (3.87%) year-over-year from $12,997 to $13,500. 3-bedroom rentals prices have increased by $1,100 (5.82%) year-over-year from $18,900 to $20,000. 4-bedroom rentals prices have increased by $5,500 (15.94%) year-over-year from $34,500 to $40,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 35.94% this month. 1-bedroom rents have gone down by 4.93% this month. 2-bedroom rents have gone up by 1.25% this month. 3-bedroom rents have gone up by 12.15% this month. 4-bedroom rents have gone up by 11.63% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$7.64	$6,250	$3,182 (96.44%)	$3,148 (98.56%)
1 BR	$10.92	$5,000	$5,416 (-7.69%)	$3,682 (35.80%)
2 BR	$8.89	$13,500	$12,997 (3.87%)	$8,367 (61.35%)
3 BR	$6.86	$20,000	$18,900 (5.82%)	$15,000 (33.33%)
4+ BR	$13.21	$40,000	$34,500 (15.94%)	$17,167 (133.01%)

Historical Rents in SoHo, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near SoHo

There are a total of 18 cities nearby SoHo. The average rent in SoHo is currently $3,413 per month. A total of 18 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,175, is the most affordable city nearby. In contrast, the most expensive city near SoHo, New York, NY is Spring Lake, NJ. Monthly rents here are on average $10,000 per month.

Let's compare SoHo, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in SoHo, New York, NY is 74.18% more expensive than other cities nearby. One bedrooms are about 50.50% more expensive. Two bedrooms in SoHo, New York, NY are about 74.54% more expensive. Finally, rent for three bedrooms are about 75.20% more expensive. Want more information? Check out the top 10 cities out of 18 total cities near SoHo, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Newark, NJ	$2,775	$1,625	$2,325	$2,375
West Babylon, NY	$2,970	$2,425	$3,000	$2,495
Yonkers, NY	$1,900	$2,175	$2,663	$2,843
Stamford, CT	$2,009	$2,253	$3,000	$2,855
White Plains, NY	$2,250	$2,625	$3,548	$3,300
Long Beach, NY	$1,925	$2,525	$3,200	$3,500
Long Branch, NJ	N/A	$3,000	$3,750	$3,800
New York, NY	$3,415	$4,150	$5,000	$4,200
New Rochelle, NY	$1,800	$2,850	$4,419	$4,349
Harrison, NY	$2,775	$3,015	$4,200	$4,370

Top Neighborhoods Near SoHo

There are a total of 56 neighborhoods in or near SoHo. Some of these neighborhoods include Murray Hill, Bowery, and Boerum Hill. We've included the top 30 neighborhoods out of 56 total neighborhoods in or near SoHo, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near SoHo, New York, NY is currently around $4,206 per month. A total of 56 neighborhoods have a lower average rent. Out of all the neighborhoods in or near SoHo, East Side has the most affordable average rent at $2,226 per month. Whereas, at $8,450 average rent per month, Ocean Beach is the most expensive neighborhood in or near SoHo. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Murray Hill, New York, NY	$3,325	$4,150	$6,300	$3,900
Bowery, New York, NY	$2,800	$3,450	$4,995	$3,925
Boerum Hill, New York, NY	$3,400	$3,950	$6,675	$4,000
NoHo, New York, NY	$3,895	$4,150	$14,500	$4,000
Fort Greene, New York, NY	$3,440	$4,250	$4,150	$4,150
Hell's Kitchen, New York, NY	$3,440	$4,065	$5,178	$4,182
Clinton Hill, New York, NY	$2,925	$3,900	$4,825	$4,194
Financial District, New York, NY	$3,471	$4,450	$6,092	$4,219
Downtown Brooklyn, New York, NY	$3,425	$4,100	$5,700	$4,301
NoLita, New York, NY	N/A	$3,900	$5,495	$4,495
East Village, New York, NY	$2,897	$3,850	$4,495	$4,495
Kips Bay, New York, NY	$3,610	$4,173	$5,500	$4,495
Midtown East, New York, NY	$3,325	$4,425	$6,075	$4,525
Hudson Yards, New York, NY	$3,490	$4,444	$6,495	$4,622
Midtown South, New York, NY	$3,955	$4,700	$7,498	$4,700
Lower East Side, New York, NY	$3,413	$4,623	$4,750	$4,750
Greenpoint, New York, NY	$3,483	$4,395	$5,500	$4,800
West Village, New York, NY	$4,633	$4,950	$6,650	$4,950
Little Italy, New York, NY	$3,250	$4,250	$4,925	$5,000
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$4,971	$6,054	$5,084
Greenwich Village, New York, NY	$4,000	$6,125	$6,130	$5,100
Midtown, New York, NY	$3,625	$4,363	$6,750	$5,250
Chelsea, New York, NY	$3,825	$5,490	$7,500	$5,295
Gramercy Park, New York, NY	$3,750	$5,313	$5,057	$5,313
Carroll Gardens, New York, NY	N/A	$3,650	$5,500	$5,348
Brooklyn Heights, New York, NY	$3,350	$4,115	$7,057	$5,600
Flatiron District, New York, NY	$4,648	$5,650	$10,500	$5,600
Battery Park City, New York, NY	$3,939	$4,506	$8,200	$5,600
NoMad, New York, NY	$4,309	$5,686	$8,144	$5,686
Tribeca, New York, NY	$4,595	$5,921	$8,566	$7,848

Top Counties Near SoHo

There are a total of 56 counties located by SoHo, New York, NY. Some of these counties include Yonkers, NY, Bronx, New York, NY, and Queens, New York, NY. The average rent for rentals in these counties is $3,500. That's roughly around $3 per sqft. A total of 30 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,175. Vice versa, with an average rent of $10,000, Spring Lake, NJ is the most expensive county by SoHo, New York, NY.

Typically, rent for studios in SoHo, New York, NY is 74.18% more expensive than other counties nearby. In comparison, rent for one bedroom listings in SoHo, New York, NY is 49.25% more expensive than other counties nearby. Finally, rent for two bedrooms in SoHo, New York, NY is 75.38% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Yonkers, NY	$1,900	$2,175	$2,663	$2,843
Bronx, New York, NY	$2,000	$2,575	$3,027	$3,055
Queens, New York, NY	$2,755	$2,800	$3,500	$3,250
Long Beach, NY	$1,925	$2,525	$3,200	$3,500
Hempstead, NY	$2,000	$2,500	$3,055	$3,500
Brooklyn, New York, NY	$3,400	$3,625	$4,200	$3,850
Greenburgh, NY	$2,300	$2,600	$3,600	$3,937
New Rochelle, NY	$1,800	$2,850	$4,419	$4,349
Manhattan, New York, NY	$3,475	$4,395	$5,650	$4,495
North Hempstead, NY	$2,575	$2,675	$3,950	$4,500

Top Zipcodes Near SoHo

There are a total of 5 zipcodes in or near SoHo, New York, NY. The average rent for all of these zipcodes is $3,000. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10035, New York, NY at $2,919 per month. In comparison, the zipcode with the most expensive average rent of $4,500 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $2,680. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near SoHo, New York, NY is $2,975 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,350 per month. Which comes out to $3 per sqft. The following chart includes the top 5 zipcodes in SoHo, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10023, New York, NY	$3,131	$4,484	$8,100	$4,500
10128, New York, NY	$3,350	$4,110	$5,724	$3,931
10035, New York, NY	$2,250	$2,702	$3,250	$2,919
11375, New York, NY	$2,680	$2,975	$3,250	$3,000
10463, New York, NY	$2,500	$2,685	$3,350	$2,925

Frequently Asked Questions - SoHo Average Rents

What is the average rent price in SoHo, New York, NY?

The average monthly rental price for SoHo, New York, NY apartments for rent is approximately $11,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do SoHo, New York, NY rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in SoHo, New York, NY.

How much is a studio apartment in SoHo, New York, NY?

The average monthly rental price for studio apartments is $6,875 and an average price per square feet of $7.64. There are a total of 10 studio apartment listings currently available for rent in SoHo.

How much is a one bedroom apartment in SoHo, New York, NY?

The average monthly rental price for one bedroom apartments is $5,000 and an average price per square feet of $10.92. There are a total of 28 one bedroom apartment listings currently available for rent in SoHo.

How much is a two bedroom apartment in SoHo, New York, NY?

The average monthly rental price for two bedroom apartments is $13,250 and an average price per square feet of $8.89. There are a total of 46 two bedroom apartment listings currently available for rent in SoHo.

How have rent prices in SoHo, New York, NY changed this year?

Rent prices for rentals in SoHo, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.96%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.06% year-over-year.

What is a reasonable rent price in SoHo, New York, NY?

A reasonable rent price in SoHo, New York, NY is around $9,200/month. You can search for these reasonably priced rental listings on RentHop.