Average Rent in Chelsea, MA

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Current Versus Historical Chelsea, MA Rents

Chelsea rentals average $1,595 for a studio rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $2,300, or roughly $26 per square feet.
For the apartment units and housing in October 2026, median rents have risen substantially 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 $231 (11.74%) year-over-year from $1,967 to $2,198. 2-bedroom rentals prices have increased by $233 (9.09%) year-over-year from $2,567 to $2,800. 3-bedroom rentals prices have increased by $258 (9.42%) year-over-year from $2,742 to $3,000. 4-bedroom rentals prices have increased by $33 (0.96%) year-over-year from $3,467 to $3,500. 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 up by 1.46% this month. 2-bedroom rents have gone up by 1.20% this month. 3-bedroom rents have gone up by 0.56% this month. 4-bedroom rents have gone down by 0.00% 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 $30.03 $2,198 $1,967 (11.74%) $2,008 (9.42%)
2 BR $32.85 $2,800 $2,567 (9.09%) $2,667 (5.00%)
3 BR $27.10 $3,000 $2,742 (9.42%) $2,967 (1.12%)
4+ BR $27.20 $3,500 $3,467 (0.96%) $3,292 (6.33%)

Historical Rents in Chelsea, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Chelsea

There are a total of 6 cities nearby Chelsea. The average rent in Chelsea is currently $2,850 per month. Our records show that Malden, 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 $3,373 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 6.58% more affordable than other cities nearby. One bedrooms are about 0.80% more affordable. Two bedrooms in Chelsea, MA are about 4.55% more expensive. Finally, rent for three bedrooms are about 6.67% more affordable. Want more information? Check out the top 6 cities near Chelsea, MA in the following table.
City Studio 1 Bed 2 Bed All
Malden, MA $1,700 $2,100 $2,600 $2,600
Revere, MA $1,695 $2,175 $2,650 $2,650
Everett, MA $1,700 $2,000 $2,475 $2,700
Winthrop Town, MA N/A $2,300 $2,695 $3,000
Medford, MA $1,925 $2,250 $2,800 $3,200
Somerville, MA $2,450 $2,600 $3,050 $3,373

Top Neighborhoods Near Chelsea

There are a total of 15 neighborhoods in or near Chelsea. Some of these neighborhoods include Broadway, Maplewood, and Glendale. We've included all of these top 15 neighborhoods in or near Chelsea, MA in the following table.

The average rent for these 15 neighborhoods in or near Chelsea, MA is currently around $3,275 per month. A total of one neighborhood has a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $3,275. Interestingly, the neighborhoods' average rent is higher than Chelsea's average rent, which is only $2,300. Out of all the neighborhoods in or near Chelsea, Broadway has the most affordable average rent at $1,750 per month. Whereas, at $5,000 average rent per month, Downtown Boston is the most expensive neighborhood in or near Chelsea. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Broadway, Chelsea, MA $1,595 $2,350 $2,800 $1,750
Maplewood, Malden, MA $1,700 $2,100 $2,500 $2,500
Glendale, Everett, MA $1,775 $2,000 $2,450 $2,600
Jeffries Point - Airport, Boston, MA $1,975 $2,525 $2,900 $2,900
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,200 $2,900 $3,400 $2,995
Harbor View - Orient Heights, Boston, MA $1,038 $2,200 $2,998 $3,000
Beacon Hill, Boston, MA $2,500 $2,925 $3,950 $3,100
South Medford, Medford, MA $1,950 $2,700 $2,700 $3,275
North End, Boston, MA $2,300 $2,700 $3,800 $3,375
East Cambridge, Cambridge, MA $2,823 $3,300 $3,935 $3,600
West End, Boston, MA $2,750 $3,300 $4,440 $3,635
Back Bay, Boston, MA $2,500 $3,475 $5,025 $3,700
South End, Boston, MA $2,525 $3,350 $4,275 $3,800
D Street - West Broadway, Boston, MA $2,983 $3,485 $4,485 $4,200
Downtown Boston, Boston, MA $2,900 $3,843 $5,413 $5,000

Top Counties Near Chelsea

There are a total of 7 counties located by Chelsea, MA. Some of these counties include Chelsea, MA, Malden, MA, and Revere, MA. The average rent for rentals in these counties is $2,700. That's roughly around $32 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 $2,300. Vice versa, with an average rent of $3,373, Somerville, MA is the most expensive county by Chelsea, MA.

Typically, rent for studios in Chelsea, MA is 6.58% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Chelsea, MA is on par with the other counties nearby. Finally, rent for two bedrooms in Chelsea, MA is 3.75% 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 $2,195 $2,800 $2,300
Malden, MA $1,700 $2,100 $2,600 $2,600
Revere, MA $1,695 $2,175 $2,650 $2,650
Everett, MA $1,700 $2,000 $2,475 $2,700
Winthrop Town, MA N/A $2,300 $2,695 $3,000
Medford, MA $1,925 $2,250 $2,800 $3,200
Somerville, MA $2,450 $2,600 $3,050 $3,373

Top Zipcodes Near Chelsea

There are a total of 11 zipcodes in or near Chelsea, MA. The average rent for all of these zipcodes is $3,200. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02150, Chelsea, MA at $2,300 per month. In comparison, the zipcode with the most expensive average rent of $4,023 per month is 02111, Boston, MA.

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 Chelsea, MA is $2,625 per month. Or in other words, $46 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,200 per month. Which comes out to $39 per sqft. The following table includes the top 10 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 $1,900 $2,350 $2,900 $2,900
02114, Boston, MA $2,585 $3,165 $4,435 $3,548
02215, Boston, MA $2,200 $2,900 $3,600 $2,988
02116, Boston, MA $2,500 $3,538 $5,500 $3,900
02150, Chelsea, MA $1,595 $2,195 $2,800 $2,300
02155, Medford, MA $1,925 $2,250 $2,800 $3,200
02148, Malden, MA $1,700 $2,100 $2,600 $2,600
02149, Everett, MA $1,700 $2,000 $2,475 $2,700
02115, Boston, MA $2,700 $3,000 $4,075 $3,400
02143, Somerville, MA $2,485 $2,625 $3,200 $3,498

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 $2,300. 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 $1,595 and an average price per square feet of $1.91. There are a total of 51 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 $2,195 and an average price per square feet of $30.03. There are a total of 23 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 $2,800 and an average price per square feet of $32.85. There are a total of 40 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 0.00%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.09%, three bedroom rental prices have changed by 0.09% year-over-year.
What is a reasonable rent price in Chelsea, MA?
A reasonable rent price in Chelsea, MA is around $1,840/month. You can search for these reasonably priced rental listings on RentHop.