Average Rent in 02150, Chelsea, MA

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Current Versus Historical 02150, Chelsea, MA Rents

02150 rentals average $1,595 for a studio rental to $3,300 for a 4-bedroom rental. The median price of all currently available listings is $2,148, or roughly $24 per square feet.
For the apartment units and housing in October 2026, median rents have risen over the last year. Studio rentals prices have decreased by $5 (-0.31%) year-over-year from $1,600 to $1,595. 1-bedroom rentals prices have increased by $181 (9.19%) year-over-year from $1,967 to $2,148. 2-bedroom rentals prices have increased by $133 (5.19%) year-over-year from $2,567 to $2,700. 3-bedroom rentals prices have increased by $258 (9.42%) year-over-year from $2,742 to $3,000. 4-bedroom rentals prices have decreased by $167 (-4.81%) year-over-year from $3,467 to $3,300. 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 12.52% this month. 1-bedroom rents have gone down by 0.08% this month. 2-bedroom rents have gone down by 1.22% this month. 3-bedroom rents have gone up by 0.56% this month. 4-bedroom rents have gone down by 3.88% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.91 $1,595 $1,600 (-0.31%) $1,675 (-4.78%)
1 BR $28.66 $2,148 $1,967 (9.19%) $2,008 (6.93%)
2 BR $31.56 $2,700 $2,567 (5.19%) $2,667 (1.25%)
3 BR $27.20 $3,000 $2,742 (9.42%) $2,967 (1.12%)
4+ BR $27.20 $3,300 $3,467 (-4.81%) $3,292 (0.25%)

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 $2,600 per month. Only one city nearby has an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,148, 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 $3,200 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 6.58% more affordable than other cities nearby. One bedrooms are about 1.28% more affordable. Two bedrooms in 02150, Chelsea, MA are about 0.19% more expensive. Finally, rent for three bedrooms are about 2.50% 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 $1,595 $2,148 $2,700 $2,148
Revere, MA $1,695 $2,200 $2,600 $2,575
Everett, MA $1,650 $2,000 $2,500 $2,600
Malden, MA $1,700 $2,100 $2,500 $2,600
Winthrop Town, MA $1,850 $2,175 $2,695 $2,800
Medford, MA $1,925 $2,250 $2,800 $3,000
Somerville, MA $2,350 $2,600 $3,000 $3,200

Top Neighborhoods Near 02150

There are a total of 13 neighborhoods in or near 02150. Some of these neighborhoods include Broadway, Maplewood, and Glendale. We've included all of these top 13 neighborhoods in or near 02150, Chelsea, MA in the following table.

The average rent for these 13 neighborhoods in or near 02150, Chelsea, MA is currently around $3,050 per month. A total of one neighborhood has a lower average rent. Meaning, only twelve neighborhoods have a higher average rent than $3,050. Interestingly, the neighborhoods' average rent is higher than 02150's average rent, which is only $2,148. Out of all the neighborhoods in or near 02150, Broadway has the most affordable average rent at $1,750 per month. Whereas, at $4,605 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
Broadway, Chelsea, MA $1,595 $2,150 $2,600 $1,750
Maplewood, Malden, MA $1,700 $1,900 $2,225 $2,300
Glendale, Everett, MA $1,600 $2,000 $2,500 $2,600
Jeffries Point - Airport, Boston, MA $1,975 $2,400 $2,800 $2,800
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,225 $2,775 $3,227 $2,900
Harbor View - Orient Heights, Boston, MA $1,700 $2,009 $2,900 $2,950
Beacon Hill, Boston, MA $2,400 $2,875 $3,900 $3,050
South Medford, Medford, MA $1,950 $2,700 $2,625 $3,200
North End, Boston, MA $2,300 $2,450 $3,800 $3,350
East Cambridge, Cambridge, MA $3,025 $3,288 $3,960 $3,500
Back Bay, Boston, MA $2,500 $3,350 $5,825 $3,800
D Street - West Broadway, Boston, MA $3,223 $3,468 $4,500 $4,350
Downtown Boston, Boston, MA $2,900 $3,778 $5,000 $4,605

Top Counties Near 02150

There are a total of 7 counties located by 02150, Chelsea, MA. Some of these counties include Chelsea, MA, Revere, MA, and Everett, MA. The average rent for rentals in these counties is $2,600. That's roughly around $31 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 $2,148. Vice versa, with an average rent of $3,200, Somerville, MA is the most expensive county by 02150, Chelsea, MA.

Typically, rent for studios in 02150, Chelsea, MA is 6.58% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 02150, Chelsea, MA is 1.28% more affordable than other counties nearby. Finally, rent for two bedrooms in 02150, Chelsea, MA is 0.19% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Chelsea, MA $1,595 $2,148 $2,700 $2,148
Revere, MA $1,695 $2,200 $2,600 $2,575
Everett, MA $1,650 $2,000 $2,500 $2,600
Malden, MA $1,700 $2,100 $2,500 $2,600
Winthrop Town, MA $1,850 $2,175 $2,695 $2,800
Medford, MA $1,925 $2,250 $2,800 $3,000
Somerville, MA $2,350 $2,600 $3,000 $3,200

Top Zipcodes Near 02150

There are a total of 9 zipcodes in or near 02150, Chelsea, MA. The average rent for all of these zipcodes is $3,000.

Studios in these zipcodes have an average rent of $2,200. That's at least $51 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 $2,750 per month. Or in other words, $50 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,050 per month. Which comes out to $39 per sqft. The following table includes the top 9 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 $1,900 $2,300 $2,800 $2,900
02114, Boston, MA $2,564 $3,200 $4,273 $3,403
02215, Boston, MA $2,200 $2,900 $3,400 $2,900
02116, Boston, MA $2,500 $3,600 $5,750 $4,000
02148, Malden, MA $1,700 $2,100 $2,500 $2,600
02149, Everett, MA $1,650 $2,000 $2,500 $2,600
02155, Medford, MA $1,925 $2,250 $2,800 $3,000
02143, Somerville, MA $2,500 $2,750 $3,050 $3,350
02111, Boston, MA $2,975 $3,775 $4,300 $3,943

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 $2,148. 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 $1,595 and an average price per square feet of $1.91. There are a total of 60 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 $2,148 and an average price per square feet of $28.66. There are a total of 28 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 $2,700 and an average price per square feet of $31.56. There are a total of 41 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 0.00%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.05%, three bedroom rental prices have changed by 0.09% year-over-year.
What is a reasonable rent price in 02150, Chelsea, MA?
A reasonable rent price in 02150, Chelsea, MA is around $1,718/month. You can search for these reasonably priced rental listings on RentHop.