Average Rent in 02150, Chelsea, MA

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Current Versus Historical 02150, Chelsea, MA Rents

02150 rentals average $1,550 for a studio rental to $3,200 for a 4-bedroom rental. The median price of all currently available listings is $2,400, or roughly $31 per square feet.
For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $38 (-2.41%) year-over-year from $1,588 to $1,550. 1-bedroom rentals prices have decreased by $86 (-3.98%) year-over-year from $2,158 to $2,073. 2-bedroom rentals prices have increased by $142 (5.33%) year-over-year from $2,658 to $2,800. 3-bedroom rentals prices have decreased by $225 (-6.98%) year-over-year from $3,225 to $3,000. 4-bedroom rentals prices have decreased by $150 (-4.17%) year-over-year from $3,600 to $3,450. 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 9.53% this month. 1-bedroom rents have gone down by 2.43% this month. 2-bedroom rents have gone up by 6.67% this month. 3-bedroom rents have gone down by 2.70% this month. 4-bedroom rents have gone down by 1.90% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.86 $1,550 $1,588 (-2.41%) $1,617 (-4.12%)
1 BR $35.09 $2,073 $2,158 (-3.98%) $2,092 (-0.92%)
2 BR $31.38 $2,800 $2,658 (5.33%) $2,458 (13.90%)
3 BR $31.25 $3,000 $3,225 (-6.98%) $2,909 (3.12%)
4+ BR $30.00 $3,450 $3,600 (-4.17%) $3,349 (3.03%)

Historical Rents in 02150, Chelsea, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 02150

There are a total of 7 cities nearby 02150. The average rent in 02150 is currently $2,800 per month. Only one city nearby has an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,400, is the most affordable city nearby. In contrast, the most expensive city near 02150, Chelsea, MA is Somerville, MA. Monthly rents here are on average $3,540 per month.

Let's compare 02150, Chelsea, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02150, Chelsea, MA is 16.13% more affordable than other cities nearby. One bedrooms are about 10.86% more affordable. Two bedrooms in 02150, Chelsea, MA are about 1.92% more affordable. Finally, rent for three bedrooms are about 11.00% more affordable. Want more information? Check out the top 7 cities near 02150, Chelsea, MA in the following table.
City Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,073 $2,600 $2,400
Winthrop Town, MA N/A $2,298 $2,650 $2,695
Everett, MA $1,825 $2,100 $2,500 $2,700
Revere, MA $1,795 $2,350 $2,698 $2,800
Malden, MA $1,800 $2,100 $2,600 $2,900
Medford, MA $1,950 $2,350 $3,000 $3,300
Somerville, MA $2,275 $2,700 $3,300 $3,540

Top Neighborhoods Near 02150

There are a total of 22 neighborhoods in or near 02150. Some of these neighborhoods include Glendale, Maplewood, and Harbor View - Orient Heights. We've included all of these top 22 neighborhoods in or near 02150, Chelsea, MA in the following table.

The average rent for these 22 neighborhoods in or near 02150, Chelsea, MA is currently around $3,438 per month. Interestingly, the neighborhoods' average rent is higher than 02150's average rent, which is only $2,400. Out of all the neighborhoods in or near 02150, Glendale has the most affordable average rent at $2,750 per month. Whereas, at $4,790 average rent per month, Downtown Boston is the most expensive neighborhood in or near 02150. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Glendale, Everett, MA $1,850 $2,100 $2,500 $2,750
Maplewood, Malden, MA $1,788 $2,100 $2,600 $2,825
Harbor View - Orient Heights, Boston, MA $1,825 $2,300 $3,187 $3,000
Eagle Hill, Boston, MA $2,150 $2,300 $3,000 $3,000
Central Maverick Square - Paris Street, Boston, MA $2,138 $2,650 $3,000 $3,000
Jeffries Point - Airport, Boston, MA $2,548 $2,648 $3,100 $3,100
East Somerville, Somerville, MA $2,400 $2,675 $3,150 $3,100
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,450 $2,820 $3,993 $3,195
Beacon Hill, Boston, MA $2,550 $3,125 $3,775 $3,200
Mid-Cambridge, Cambridge, MA $2,500 $2,900 $3,575 $3,300
Back Bay, Boston, MA $2,500 $3,350 $4,700 $3,400
Ten Hills, Somerville, MA $1,750 $2,650 $3,250 $3,475
North End, Boston, MA $2,450 $2,950 $3,675 $3,600
South Medford, Medford, MA N/A $2,900 $3,000 $3,675
East Cambridge, Cambridge, MA $3,275 $3,350 $4,222 $3,800
Riverside, Cambridge, MA $2,500 $3,125 $3,900 $3,840
West End, Boston, MA $2,915 $3,593 $5,010 $3,845
Thompson Square - Bunker Hill, Boston, MA $2,475 $3,350 $4,250 $3,900
Wellington - Harrington, Cambridge, MA $2,250 $2,550 $3,325 $3,900
D Street - West Broadway, Boston, MA $2,933 $3,585 $4,450 $4,200
Cambridgeport, Cambridge, MA N/A $2,900 $4,175 $4,500
Downtown Boston, Boston, MA $2,900 $3,875 $5,570 $4,790

Top Counties Near 02150

There are a total of 7 counties located by 02150, Chelsea, MA. Some of these counties include Chelsea, MA, Winthrop Town, MA, and Everett, MA. The average rent for rentals in these counties is $2,800. That's roughly around $33 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Chelsea, MA. Its average rent per month is $2,400. Vice versa, with an average rent of $3,540, Somerville, MA is the most expensive county by 02150, Chelsea, MA.

Typically, rent for studios in 02150, Chelsea, MA is 16.13% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 02150, Chelsea, MA is 10.86% more affordable than other counties nearby. Finally, rent for two bedrooms in 02150, Chelsea, MA is 1.92% more affordable than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,073 $2,600 $2,400
Winthrop Town, MA N/A $2,298 $2,650 $2,695
Everett, MA $1,825 $2,100 $2,500 $2,700
Revere, MA $1,795 $2,350 $2,698 $2,800
Malden, MA $1,800 $2,100 $2,600 $2,900
Medford, MA $1,950 $2,350 $3,000 $3,300
Somerville, MA $2,275 $2,700 $3,300 $3,540

Top Zipcodes Near 02150

There are a total of 10 zipcodes in or near 02150, Chelsea, MA. The average rent for all of these zipcodes is $3,425.

Studios in these zipcodes have an average rent of $2,188. That's at least $63 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02150, Chelsea, MA is $2,725 per month. Or in other words, $57 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,775 per month. Which comes out to $50 per sqft. The following table includes the top 10 zipcodes in 02150, 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 $2,150 $2,513 $3,100 $3,000
02114, Boston, MA $2,650 $3,415 $4,385 $3,600
02215, Boston, MA $2,295 $2,850 $4,000 $3,200
02116, Boston, MA $2,650 $3,500 $5,300 $3,550
02148, Malden, MA $1,800 $2,100 $2,600 $2,900
02149, Everett, MA $1,825 $2,100 $2,500 $2,700
02155, Medford, MA $1,950 $2,350 $3,000 $3,300
02143, Somerville, MA $2,388 $2,600 $3,550 $3,700
02129, Boston, MA $2,225 $3,300 $4,325 $3,900
02111, Boston, MA $1,575 $3,655 $4,800 $3,748

Frequently Asked Questions - 02150 Average Rents

What is the average rent price in 02150, Chelsea, MA?
The average monthly rental price for 02150, Chelsea, MA apartments for rent is approximately $2,400. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 02150, 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 02150, Chelsea, MA.
How much is a studio apartment in 02150, Chelsea, MA?
The average monthly rental price for studio apartments is $1,550 and an average price per square feet of $1.86. There are a total of 15 studio apartment listings currently available for rent in 02150.
How much is a one bedroom apartment in 02150, Chelsea, MA?
The average monthly rental price for one bedroom apartments is $2,073 and an average price per square feet of $35.09. There are a total of 26 one bedroom apartment listings currently available for rent in 02150.
How much is a two bedroom apartment in 02150, Chelsea, MA?
The average monthly rental price for two bedroom apartments is $2,600 and an average price per square feet of $31.38. There are a total of 29 two bedroom apartment listings currently available for rent in 02150.
How have rent prices in 02150, Chelsea, MA changed this year?
Rent prices for rentals in 02150, Chelsea, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.05%, three bedroom rental prices have changed by -0.07% year-over-year.
What is a reasonable rent price in 02150, Chelsea, MA?
A reasonable rent price in 02150, Chelsea, MA is around $1,920/month. You can search for these reasonably priced rental listings on RentHop.
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