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845 Canal St

SoHo, New York, NY

The Neighborhood: SoHo

The typical asking rate per listing is in the $80's per square foot per year. The SoHo region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the New York City market, the SoHo region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
SoHo $86
/sqft/yr
4,700
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,370
sqft

Median Rate over Time in SoHo