Average Rent in Chelsea, MA

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Current Versus Historical Chelsea, MA Rents

Chelsea rentals average $1,600 for a studio rental to $3,550 for a 4-bedroom rental. The median price of all currently available listings is $2,700, or roughly $3 per square feet.

For the apartment units and housing in February 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $58 (-3.57%) year-over-year from $1,633 to $1,575. 1-bedroom rentals prices have increased by $16 (0.76%) year-over-year from $2,084 to $2,100. 2-bedroom rentals prices have decreased by $217 (-7.83%) year-over-year from $2,767 to $2,550. 3-bedroom rentals prices have decreased by $2 (-0.07%) year-over-year from $3,167 to $3,165. 4-bedroom rentals prices have increased by $275 (7.80%) year-over-year from $3,525 to $3,800. 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 down by 12.50% this month. 1-bedroom rents have gone down by 0.40% this month. 2-bedroom rents have gone up by 1.32% this month. 3-bedroom rents have gone down by 3.52% this month. 4-bedroom rents have gone down by 2.04% this month.

Beds	Price / Sqft	Feb 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$0.16	$1,575	$1,633 (-3.57%)	$1,650 (-4.55%)
1 BR	$2.79	$2,100	$2,084 (0.76%)	$1,817 (15.60%)
2 BR	$2.72	$2,550	$2,767 (-7.83%)	$2,058 (23.89%)
3 BR	$2.63	$3,165	$3,167 (-0.07%)	$2,547 (24.26%)
4+ BR	$2.45	$3,800	$3,525 (7.80%)	$3,000 (26.67%)

Historical Rents in Chelsea, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Chelsea

There are a total of 3 cities nearby Chelsea. The average rent in Chelsea is currently $2,775 per month. Only one city nearby has an average rent lower than that. Our records show that Revere, MA, with an average rent of $2,600, is the most affordable city nearby. In contrast, the most expensive city near Chelsea, MA is Somerville, MA. Monthly rents here are on average $3,400 per month.

Let's compare Chelsea, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Chelsea, MA is 15.63% more affordable than other cities nearby. One bedrooms are about 4.76% more affordable. Two bedrooms in Chelsea, MA are about 6.67% more affordable. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 3 cities near Chelsea, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Revere, MA	$1,850	$2,200	$2,800	$2,600
Malden, MA	N/A	$2,200	$2,800	$2,775
Somerville, MA	$2,134	$2,800	$3,300	$3,400

Top Neighborhoods Near Chelsea

There are a total of 3 neighborhoods in or near Chelsea. Some of these neighborhoods include East Cambridge, Back Bay, and Downtown Boston. We've included all of these top 3 neighborhoods in or near Chelsea, MA in the following chart.

The average rent for these 3 neighborhoods in or near Chelsea, MA is currently around $3,800 per month. Meaning, only three neighborhoods have a higher average rent than $3,800. Interestingly, the neighborhoods' average rent is higher than Chelsea's average rent, which is only $2,700. Out of all the neighborhoods in or near Chelsea, East Cambridge has the most affordable average rent at $3,778 per month. Whereas, at $4,000 average rent per month, Downtown Boston is the most expensive neighborhood in or near Chelsea. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
East Cambridge, Cambridge, MA	$3,230	$3,435	$4,166	$3,778
Back Bay, Boston, MA	$2,748	$3,450	$5,350	$3,800
Downtown Boston, Boston, MA	$3,040	$3,840	$4,675	$4,000

Top Counties Near Chelsea

There are a total of 3 counties located by Chelsea, MA. Some of these counties include Revere, MA, Chelsea, MA, and Malden, MA. The average rent for rentals in these counties is $2,738. That's roughly around $3 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Revere, MA. It's average rent per month is $2,600. Vice versa, with an average rent of $3,400, Somerville, MA is the most expensive county by Chelsea, MA.

Typically, rent for studios in Chelsea, MA is 7.81% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Chelsea, MA is 4.76% more affordable than other counties nearby. Finally, rent for two bedrooms in Chelsea, MA is 6.67% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Revere, MA	$1,850	$2,200	$2,800	$2,600
Chelsea, MA	$1,600	$2,100	$2,625	$2,700
Malden, MA	N/A	$2,200	$2,800	$2,775
Somerville, MA	$2,134	$2,800	$3,300	$3,400

Top Zipcodes Near Chelsea

There are a total of 2 zipcodes in or near Chelsea, MA. The average rent for all of these zipcodes is $3,600.

The following chart includes the top 2 zipcodes in Chelsea, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02128, Boston, MA	$2,275	$2,375	$3,000	$3,000
02116, Boston, MA	$3,000	$3,475	$5,200	$4,200

Frequently Asked Questions - Chelsea Average Rents

What is the average rent price in Chelsea, MA?

The average monthly rental price for Chelsea, MA apartments for rent is approximately $2,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Chelsea, MA 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 Chelsea, MA.

How much is a studio apartment in Chelsea, MA?

The average monthly rental price for studio apartments is $1,600 and an average price per square feet of $0.16. There are a total of 9 studio apartment listings currently available for rent in Chelsea.

How much is a one bedroom apartment in Chelsea, MA?

The average monthly rental price for one bedroom apartments is $2,100 and an average price per square feet of $2.79. There are a total of 13 one bedroom apartment listings currently available for rent in Chelsea.

How much is a two bedroom apartment in Chelsea, MA?

The average monthly rental price for two bedroom apartments is $2,625 and an average price per square feet of $2.72. There are a total of 12 two bedroom apartment listings currently available for rent in Chelsea.

How have rent prices in Chelsea, MA changed this year?

Rent prices for rentals in Chelsea, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.04%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by -0.08%, and three bedroom rental prices have changed by 0.00% year-over-year.

What is a reasonable rent price in Chelsea, MA?

A reasonable rent price in Chelsea, MA is around $2,160/month. You can search for these reasonably priced rental listings on RentHop.