Average Rent in 02150, Chelsea, MA

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Current Versus Historical 02150, Chelsea, MA Rents

02150 rentals average $1,575 for a studio rental to $3,550 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $31 per square feet.
For the apartment units and housing in June 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $2 (0.11%) year-over-year from $1,573 to $1,575. 1-bedroom rentals prices have increased by $98 (4.48%) year-over-year from $2,175 to $2,273. 2-bedroom rentals prices have decreased by $208 (-7.69%) year-over-year from $2,708 to $2,500. 3-bedroom rentals prices have decreased by $203 (-6.23%) year-over-year from $3,250 to $3,048. 4-bedroom rentals prices have decreased by $383 (-9.75%) year-over-year from $3,933 to $3,550. 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 7.71% this month. 1-bedroom rents have gone up by 5.33% this month. 2-bedroom rents have gone down by 1.64% this month. 3-bedroom rents have gone down by 2.71% this month. 4-bedroom rents have gone down by 2.29% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.89 $1,575 $1,573 (0.11%) $1,583 (-0.53%)
1 BR $34.50 $2,273 $2,175 (4.48%) $2,300 (-1.20%)
2 BR $30.90 $2,500 $2,708 (-7.69%) $2,467 (1.35%)
3 BR $34.55 $3,048 $3,250 (-6.23%) $2,826 (7.84%)
4+ BR $24.58 $3,550 $3,933 (-9.75%) $3,283 (8.12%)

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 $2,695 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Everett, MA, with an average rent of $2,500, 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 $3,650 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 14.29% more affordable than other cities nearby. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in 02150, Chelsea, MA are about 0.97% more affordable. Finally, rent for three bedrooms are about 6.67% 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 $1,575 $2,200 $2,575 $2,500
Everett, MA $2,150 $2,300 $2,600 $2,500
Winthrop Town, MA N/A $2,100 $2,600 $2,625
Revere, MA $1,800 $2,100 $2,745 $2,695
Malden, MA $1,800 $2,075 $2,550 $2,700
Medford, MA $1,950 $2,400 $3,000 $3,300
Somerville, MA $2,200 $2,888 $3,350 $3,650

Top Neighborhoods Near 02150

There are a total of 19 neighborhoods in or near 02150. Some of these neighborhoods include Glendale, Maplewood, and Jeffries Point - Airport. We've included all of these top 19 neighborhoods in or near 02150, Chelsea, MA in the following table.

The average rent for these 19 neighborhoods in or near 02150, Chelsea, MA is currently around $3,350 per month. A total of one neighborhood has a lower average rent. Meaning, only eighteen neighborhoods have a higher average rent than $3,350. Interestingly, the neighborhoods' average rent is higher than 02150's average rent, which is only $2,500. Out of all the neighborhoods in or near 02150, Glendale has the most affordable average rent at $2,500 per month. Whereas, at $5,115 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 $2,250 $2,400 $2,600 $2,500
Maplewood, Malden, MA $1,850 $2,175 $2,500 $2,700
Jeffries Point - Airport, Boston, MA N/A $2,663 $3,000 $3,000
Eagle Hill, Boston, MA $2,300 $2,400 $3,000 $3,000
Central Maverick Square - Paris Street, Boston, MA $2,238 $2,950 $3,000 $3,048
Harbor View - Orient Heights, Boston, MA $2,075 $2,375 $3,136 $3,175
Beacon Hill, Boston, MA $2,400 $3,100 $3,973 $3,250
Back Bay, Boston, MA $2,548 $3,350 $5,995 $3,275
East Somerville, Somerville, MA $2,350 $2,750 $3,250 $3,350
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,550 $2,900 $3,850 $3,350
South Medford, Medford, MA $1,950 $2,400 $2,975 $3,400
Mid-Cambridge, Cambridge, MA $2,500 $3,050 $3,680 $3,498
East Cambridge, Cambridge, MA $3,005 $3,300 $4,370 $3,600
North End, Boston, MA $2,475 $3,050 $3,800 $3,675
Wellington - Harrington, Cambridge, MA $2,050 $2,550 $3,325 $3,900
West End, Boston, MA $2,915 $3,798 $5,130 $4,064
D Street - West Broadway, Boston, MA $3,300 $3,600 $4,300 $4,325
Cambridgeport, Cambridge, MA $2,525 $3,075 $4,000 $4,325
Downtown Boston, Boston, MA $3,300 $3,793 $5,488 $5,115

Top Counties Near 02150

There are a total of 7 counties located by 02150, Chelsea, MA. Some of these counties include Chelsea, MA, Everett, MA, and Winthrop Town, MA. The average rent for rentals in these counties is $2,695. That's roughly around $34 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Everett, MA. Its average rent per month is $2,500. Vice versa, with an average rent of $3,650, Somerville, MA is the most expensive county by 02150, Chelsea, MA.

Typically, rent for studios in 02150, Chelsea, MA is 14.29% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 02150, Chelsea, MA is on par with the other counties nearby. Finally, rent for two bedrooms in 02150, Chelsea, MA is 0.97% 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 $1,575 $2,200 $2,575 $2,500
Everett, MA $2,150 $2,300 $2,600 $2,500
Winthrop Town, MA N/A $2,100 $2,600 $2,625
Revere, MA $1,800 $2,100 $2,745 $2,695
Malden, MA $1,800 $2,075 $2,550 $2,700
Medford, MA $1,950 $2,400 $3,000 $3,300
Somerville, MA $2,200 $2,888 $3,350 $3,650

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. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02149, Everett, MA at $2,500 per month. In comparison, the zipcode with the most expensive average rent of $4,600 per month is 02111, Boston, MA.

Studios in these zipcodes have an average rent of $2,269. That's at least $66 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 $2,925 per month. Or in other words, $56 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,598 per month. Which comes out to $47 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 $2,238 $2,598 $3,048 $3,095
02149, Everett, MA $2,150 $2,300 $2,600 $2,500
02114, Boston, MA $2,598 $3,550 $4,420 $3,755
02215, Boston, MA $2,300 $2,950 $3,795 $3,400
02116, Boston, MA $2,688 $3,350 $5,550 $3,450
02148, Malden, MA $1,800 $2,075 $2,550 $2,700
02155, Medford, MA $1,950 $2,400 $3,000 $3,300
02143, Somerville, MA $2,600 $2,900 $3,400 $3,675
02129, Boston, MA $2,400 $3,250 $4,050 $4,000
02111, Boston, MA $1,600 $4,185 $5,200 $4,600

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 $2,500. 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 $1,575 and an average price per square feet of $1.89. There are a total of 18 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 $2,200 and an average price per square feet of $34.50. There are a total of 27 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 $2,575 and an average price per square feet of $30.90. There are a total of 32 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 0.04%, two bedroom rental prices have changed by -0.08%, three bedroom rental prices have changed by -0.06% year-over-year.
What is a reasonable rent price in 02150, Chelsea, MA?
A reasonable rent price in 02150, Chelsea, MA is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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