Average Rent in SoHo, New York, NY

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Current Versus Historical SoHo, New York, NY Rents

SoHo rentals average $3,400 for a studio rental to $37,500 for a 4-bedroom rental. The median price of all currently available listings is $10,000, or roughly $9 per square feet.
For the apartment units and housing in January 2025, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $1,235 (35.64%) year-over-year from $3,465 to $4,700. 1-bedroom rentals prices have decreased by $1,090 (-17.84%) year-over-year from $6,110 to $5,020. 2-bedroom rentals prices have increased by $444 (3.54%) year-over-year from $12,553 to $12,998. 3-bedroom rentals prices have increased by $4,933 (24.58%) year-over-year from $20,067 to $25,000. 4-bedroom rentals prices have increased by $6,028 (18.85%) year-over-year from $31,972 to $38,000. 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 11.46% this month. 1-bedroom rents have gone down by 6.56% this month. 2-bedroom rents have gone up by 1.95% this month. 3-bedroom rents have gone up by 29.12% this month. 4-bedroom rents have gone up by 3.17% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $10.44 $4,700 $3,465 (35.64%) $2,565 (83.24%)
1 BR $9.56 $5,020 $6,110 (-17.84%) $3,463 (44.95%)
2 BR $8.75 $12,998 $12,553 (3.54%) $8,367 (55.35%)
3 BR $9.00 $25,000 $20,067 (24.58%) $14,667 (70.45%)
4+ BR $13.26 $38,000 $31,972 (18.85%) $16,700 (127.54%)

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 17 cities nearby SoHo. The average rent in SoHo is currently $3,600 per month. A total of 17 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,073, is the most affordable city nearby. In contrast, the most expensive city near SoHo, New York, NY is Ocean Beach, NY. Monthly rents here are on average $8,500 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 56.03% more expensive than other cities nearby. One bedrooms are about 46.60% more expensive. Two bedrooms in SoHo, New York, NY are about 73.07% more expensive. Finally, rent for three bedrooms are about 83.20% more expensive. Want more information? Check out the top 10 cities out of 17 total cities near SoHo, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Yonkers, NY $1,850 $2,200 $2,613 $2,638
Asbury Park, NJ $1,875 $2,250 $2,800 $2,975
Stamford, CT $1,918 $2,275 $3,000 $3,000
White Plains, NY $2,100 $2,670 $3,500 $3,495
Glen Cove, NY $2,550 $3,200 $3,600 $3,500
Long Beach, NY $1,963 $2,700 $3,500 $3,600
Oakhurst, NJ N/A N/A N/A $3,800
Long Branch, NJ N/A $3,000 $3,600 $4,000
New York, NY $3,413 $4,195 $5,295 $4,250
Harrison, NY $2,745 $3,090 $4,203 $4,469

Top Neighborhoods Near SoHo

There are a total of 56 neighborhoods in or near SoHo. Some of these neighborhoods include Boerum Hill, Bowery, and Murray 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 $4,319 per month. A total of 56 neighborhoods have a lower average rent. Out of all the neighborhoods in or near SoHo, Brooklawn - St. Vincent has the most affordable average rent at $1,800 per month. Whereas, at $8,500 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
Boerum Hill, New York, NY $3,400 $3,850 $6,138 $3,960
Bowery, New York, NY $2,800 $3,450 $4,995 $3,970
Murray Hill, New York, NY $3,390 $4,292 $6,613 $4,000
Fort Greene, New York, NY $3,500 $4,212 $4,487 $4,200
Financial District, New York, NY $3,507 $4,577 $6,385 $4,246
Clinton Hill, New York, NY $3,176 $3,995 $5,076 $4,293
Downtown Brooklyn, New York, NY $3,447 $4,250 $5,716 $4,346
Hell's Kitchen, New York, NY $3,494 $4,000 $5,890 $4,371
Kips Bay, New York, NY $3,550 $3,995 $5,445 $4,495
East Village, New York, NY $2,775 $3,695 $4,495 $4,495
Midtown South, New York, NY $3,955 $4,600 $8,160 $4,500
Greenpoint, New York, NY $3,575 $4,425 $5,900 $4,637
NoLita, New York, NY N/A $4,495 $5,495 $4,695
Lower East Side, New York, NY $3,413 $3,700 $4,595 $4,722
Hudson Yards, New York, NY $3,498 $4,533 $6,795 $4,800
Williamsburg, New York, NY $3,722 $4,513 $5,400 $4,800
Midtown East, New York, NY $3,350 $4,500 $6,075 $4,950
Little Italy, New York, NY $3,250 $4,250 $5,250 $5,000
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,017 $6,024 $5,097
Midtown, New York, NY $3,675 $4,497 $7,420 $5,180
Chelsea, New York, NY $3,830 $5,399 $7,758 $5,186
West Village, New York, NY $4,642 $5,448 $8,825 $5,325
Carroll Gardens, New York, NY $2,850 $3,500 $5,500 $5,500
Greenwich Village, New York, NY $4,000 $5,700 $6,950 $5,500
Gramercy Park, New York, NY $3,750 $5,508 $5,495 $5,575
Flatiron District, New York, NY $4,575 $5,650 $10,995 $5,650
NoMad, New York, NY $4,444 $5,662 $8,746 $5,776
Brooklyn Heights, New York, NY $3,400 $4,255 $8,649 $5,960
Battery Park City, New York, NY $5,100 $4,896 $8,650 $6,221
Tribeca, New York, NY $4,510 $6,779 $8,898 $7,595

Top Counties Near SoHo

There are a total of 56 counties located by SoHo, New York, NY. Some of these counties include Yonkers, NY, Woodbridge, NJ, and Bronx, New York, NY. The average rent for rentals in these counties is $3,500. That's roughly around $3 per sqft. A total of 31 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,073. Vice versa, with an average rent of $8,500, Spring Lake, NJ is the most expensive county by SoHo, New York, NY.

Typically, rent for studios in SoHo, New York, NY is 44.85% more expensive than other counties nearby. In comparison, rent for one bedroom listings in SoHo, New York, NY is 48.00% more expensive than other counties nearby. Finally, rent for two bedrooms in SoHo, New York, NY is 73.84% 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 $1,850 $2,200 $2,613 $2,638
Woodbridge, NJ N/A $1,900 $2,500 $2,800
Bronx, New York, NY $2,200 $2,546 $3,027 $3,000
Queens, New York, NY $2,895 $2,900 $3,499 $3,283
Glen Cove, NY $2,550 $3,200 $3,600 $3,500
Hempstead, NY $2,000 $2,600 $3,200 $3,595
Long Beach, NY $1,963 $2,700 $3,500 $3,600
Brooklyn, New York, NY $3,422 $3,599 $4,209 $3,800
Manhattan, New York, NY $3,479 $4,491 $5,995 $4,550
North Hempstead, NY N/A $2,795 $4,100 $4,625

Top Zipcodes Near SoHo

There are a total of 6 zipcodes in or near SoHo, New York, NY. The average rent for all of these zipcodes is $3,646. A total of 6 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 $2,986 per month. In comparison, the zipcode with the most expensive average rent of $5,070 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $2,860. That's at least $6 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 $3,710 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,518 per month. Which comes out to $5 per sqft. The following chart includes the top 6 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
10280, New York, NY $3,600 $4,388 $6,462 $4,890
10023, New York, NY $3,000 $5,000 $8,020 $5,070
10128, New York, NY $3,350 $4,170 $5,410 $3,995
10035, New York, NY $2,299 $2,822 $3,048 $2,986
11375, New York, NY $2,720 $3,250 $3,625 $3,298
10463, New York, NY $2,600 $2,680 $3,289 $3,125

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 $10,000. 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 $3,400 and an average price per square feet of $10.44. There are a total of 23 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 $9.56. There are a total of 25 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 $12,995 and an average price per square feet of $8.75. There are a total of 37 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 0.36%, one bedroom rental prices have changed by -0.18%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.25% 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 $8,000/month. You can search for these reasonably priced rental listings on RentHop.
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