Average Rent in Chelsea, New York, NY

Home  »  NY  »  New York  »  Chelsea

Current Versus Historical Chelsea, New York, NY Rents

Chelsea rentals average $4,200 for a studio rental to $23,473 for a 4-bedroom rental. The median price of all currently available listings is $5,295, or roughly $8 per square feet.
For the apartment units and housing in February 2025, median rents have risen over the last year. Studio rentals prices have increased by $178 (4.66%) year-over-year from $3,817 to $3,995. 1-bedroom rentals prices have increased by $505 (9.59%) year-over-year from $5,265 to $5,771. 2-bedroom rentals prices have increased by $841 (11.27%) year-over-year from $7,459 to $8,300. 3-bedroom rentals prices have increased by $3,008 (32.55%) year-over-year from $9,242 to $12,250. 4-bedroom rentals prices have increased by $10,359 (78.85%) year-over-year from $13,138 to $23,498. 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 2.92% this month. 1-bedroom rents have gone up by 2.60% this month. 2-bedroom rents have gone up by 2.79% this month. 3-bedroom rents have gone up by 5.76% this month. 4-bedroom rents have gone down by 1.33% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $8.93 $3,995 $3,817 (4.66%) $3,398 (17.56%)
1 BR $8.05 $5,771 $5,265 (9.59%) $5,263 (9.64%)
2 BR $7.86 $8,300 $7,459 (11.27%) $6,860 (20.99%)
3 BR $7.44 $12,250 $9,242 (32.55%) $6,163 (98.76%)
4+ BR $6.17 $23,498 $13,138 (78.85%) $7,933 (196.19%)

Historical Rents in Chelsea, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Chelsea

There are a total of 20 cities nearby Chelsea. The average rent in Chelsea is currently $4,150 per month. A total of 15 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,200, is the most affordable city nearby. In contrast, the most expensive city near Chelsea, New York, NY is Spring Lake, NJ. Monthly rents here are on average $9,000 per month.

Let's compare Chelsea, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Chelsea, New York, NY is 63.39% more expensive than other cities nearby. One bedrooms are about 52.05% more expensive. Two bedrooms in Chelsea, New York, NY are about 56.43% more expensive. Finally, rent for three bedrooms are about 63.20% more expensive. Want more information? Check out the top 10 cities out of 20 total cities near Chelsea, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Yonkers, NY $2,100 $2,200 $2,700 $2,800
Stamford, CT $2,088 $2,300 $2,900 $2,900
White Plains, NY $2,163 $2,705 $3,500 $3,000
Glen Cove, NY $2,550 $3,200 $3,550 $3,500
Long Beach, NY $2,000 $2,548 $3,700 $3,700
Long Branch, NJ N/A $3,050 $3,500 $4,100
Oakhurst, NJ N/A N/A N/A $4,200
Harrison, NY $2,723 $2,990 $4,083 $4,236
New Rochelle, NY $2,297 $3,100 $4,384 $4,264
New York, NY $3,500 $4,272 $5,495 $4,265

Top Neighborhoods Near Chelsea

There are a total of 52 neighborhoods in or near Chelsea. Some of these neighborhoods include Bowery, Long Island City, and Upper East Side. We've included the top 30 neighborhoods out of 52 total neighborhoods in or near Chelsea, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Chelsea, New York, NY is currently around $4,263 per month. A total of 41 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Chelsea, East Side has the most affordable average rent at $2,294 per month. Whereas, at $8,500 average rent per month, Ocean Beach is the most expensive neighborhood in or near Chelsea. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bowery, New York, NY $2,800 $3,500 $3,599 $3,450
Long Island City, New York, NY $3,300 $3,913 $5,831 $4,035
Upper East Side, New York, NY $3,350 $4,159 $5,464 $4,070
Murray Hill, New York, NY $3,475 $4,398 $6,475 $4,075
Little Italy, New York, NY $3,500 $4,000 $5,495 $4,200
Hell's Kitchen, New York, NY $3,500 $4,024 $6,000 $4,225
Downtown Brooklyn, New York, NY $3,376 $4,280 $5,616 $4,350
Midtown South, New York, NY $3,800 $4,695 $5,950 $4,353
Financial District, New York, NY $3,495 $4,670 $6,385 $4,421
Fort Greene, New York, NY $3,500 $4,400 $6,268 $4,425
Kips Bay, New York, NY $3,850 $3,995 $5,500 $4,440
Upper West Side, New York, NY $3,250 $4,500 $6,822 $4,559
East Village, New York, NY $3,050 $3,795 $5,170 $4,650
Hudson Yards, New York, NY $3,600 $4,700 $6,997 $4,681
Brooklyn Heights, New York, NY $3,504 $4,246 $7,960 $4,800
Greenpoint, New York, NY $3,415 $4,478 $5,764 $4,900
NoLita, New York, NY N/A $4,995 $5,495 $4,995
Midtown East, New York, NY $3,495 $4,600 $6,268 $4,998
Williamsburg, New York, NY $3,827 $4,783 $6,050 $5,000
Midtown, New York, NY $3,675 $4,500 $6,900 $5,000
Lower East Side, New York, NY $3,722 $3,995 $5,495 $5,299
West Village, New York, NY $4,495 $5,495 $6,695 $5,325
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,037 $6,179 $5,352
Flatiron District, New York, NY $4,200 $5,800 $8,696 $5,600
Greenwich Village, New York, NY $4,188 $5,700 $5,500 $5,650
NoMad, New York, NY $4,444 $5,767 $8,800 $5,676
Gramercy Park, New York, NY $3,650 $5,550 $5,895 $5,768
Battery Park City, New York, NY $3,956 $5,062 $8,675 $6,435
SoHo, New York, NY $3,195 $4,495 $13,500 $7,500
Tribeca, New York, NY $4,575 $6,472 $10,100 $7,995

Top Counties Near Chelsea

There are a total of 52 counties located by Chelsea, 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 $3,700. That's roughly around $3 per sqft. A total of 27 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,200. Vice versa, with an average rent of $9,000, Spring Lake, NJ is the most expensive county by Chelsea, New York, NY.

Typically, rent for studios in Chelsea, New York, NY is 52.38% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Chelsea, New York, NY is 53.49% more expensive than other counties nearby. Finally, rent for two bedrooms in Chelsea, New York, NY is 57.64% 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 $2,100 $2,200 $2,700 $2,800
Bronx, New York, NY $2,200 $2,500 $3,027 $3,100
Queens, New York, NY $3,048 $2,900 $3,472 $3,300
Glen Cove, NY $2,550 $3,200 $3,550 $3,500
Long Beach, NY $2,000 $2,548 $3,700 $3,700
Hempstead, NY $2,000 $2,500 $3,330 $3,700
Brooklyn, New York, NY $3,397 $3,820 $4,000 $3,800
New Rochelle, NY $2,297 $3,100 $4,384 $4,264
North Hempstead, NY $2,000 $3,110 $3,950 $4,300
Manhattan, New York, NY $3,525 $4,500 $5,975 $4,600

Top Zipcodes Near Chelsea

There are a total of 4 zipcodes in or near Chelsea, New York, NY. The average rent for all of these zipcodes is $3,496. A total of 4 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 $2,967 per month. In comparison, the zipcode with the most expensive average rent of $4,655 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $3,008. 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 Chelsea, New York, NY is $3,461 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,608 per month. Which comes out to $5 per sqft. The following chart includes the top 4 zipcodes in Chelsea, 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 $3,407 $5,035 $8,215 $4,655
10128, New York, NY $3,350 $4,169 $5,715 $3,998
10035, New York, NY $2,531 $2,753 $3,000 $2,967
11375, New York, NY $2,665 $2,600 $3,500 $2,995

Frequently Asked Questions - Chelsea Average Rents

What is the average rent price in Chelsea, New York, NY?
The average monthly rental price for Chelsea, New York, NY apartments for rent is approximately $5,295. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Chelsea, 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 Chelsea, New York, NY.
How much is a studio apartment in Chelsea, New York, NY?
The average monthly rental price for studio apartments is $4,200 and an average price per square feet of $8.93. There are a total of 145 studio apartment listings currently available for rent in Chelsea.
How much is a one bedroom apartment in Chelsea, New York, NY?
The average monthly rental price for one bedroom apartments is $5,477 and an average price per square feet of $8.05. There are a total of 180 one bedroom apartment listings currently available for rent in Chelsea.
How much is a two bedroom apartment in Chelsea, New York, NY?
The average monthly rental price for two bedroom apartments is $8,263 and an average price per square feet of $7.86. There are a total of 82 two bedroom apartment listings currently available for rent in Chelsea.
How have rent prices in Chelsea, New York, NY changed this year?
Rent prices for rentals in Chelsea, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.05%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by 0.33% year-over-year.
What is a reasonable rent price in Chelsea, New York, NY?
A reasonable rent price in Chelsea, New York, NY is around $4,236/month. You can search for these reasonably priced rental listings on RentHop.
Popular Searches
Quantcast