Average Rent in Chelsea, MA

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Current Versus Historical Chelsea, MA Rents

Chelsea rentals average $1,550 for a studio rental to $3,350 for a 4-bedroom rental. The median price of all currently available listings is $2,200, or roughly $28 per square feet.

For the apartment units and housing in August 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $47 (-2.92%) year-over-year from $1,597 to $1,550. 1-bedroom rentals prices have increased by $42 (1.93%) year-over-year from $2,158 to $2,200. 2-bedroom rentals prices have increased by $192 (7.08%) year-over-year from $2,708 to $2,900. 3-bedroom rentals prices have decreased by $125 (-3.94%) year-over-year from $3,175 to $3,050. 4-bedroom rentals prices have decreased by $233 (-6.25%) year-over-year from $3,733 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 5.49% this month. 1-bedroom rents have gone up by 4.76% this month. 2-bedroom rents have gone up by 11.54% this month. 3-bedroom rents have gone down by 1.08% this month. 4-bedroom rents have gone up by 2.44% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.86	$1,550	$1,597 (-2.92%)	$1,683 (-7.92%)
1 BR	$36.69	$2,200	$2,158 (1.93%)	$2,058 (6.88%)
2 BR	$31.38	$2,900	$2,708 (7.08%)	$2,492 (16.39%)
3 BR	$30.40	$3,050	$3,175 (-3.94%)	$2,977 (2.46%)
4+ BR	$30.32	$3,500	$3,733 (-6.25%)	$3,338 (4.87%)

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 $2,863 per month. Our records show that Malden, MA, with an average rent of $2,700, is the most affordable city nearby. In contrast, the most expensive city near Chelsea, MA is Somerville, MA. Monthly rents here are on average $3,400 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 18.55% more affordable than other cities nearby. One bedrooms are about 4.65% more affordable. Two bedrooms in Chelsea, MA are about 2.59% more expensive. Finally, rent for three bedrooms are about 9.17% 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
Everett, MA	$1,875	$2,100	$2,500	$2,700
Malden, MA	$1,800	$2,050	$2,500	$2,700
Winthrop Town, MA	$1,700	$2,300	$2,750	$2,800
Revere, MA	$1,795	$2,325	$2,900	$2,925
Medford, MA	$1,963	$2,200	$2,900	$3,150
Somerville, MA	$2,050	$2,600	$3,200	$3,400

Top Neighborhoods Near Chelsea

There are a total of 23 neighborhoods in or near Chelsea. Some of these neighborhoods include Broadway, Maplewood, and Glendale. We've included all of these top 23 neighborhoods in or near Chelsea, MA in the following table.

The average rent for these 23 neighborhoods in or near Chelsea, MA is currently around $3,300 per month. A total of one neighborhood has a lower average rent. Meaning, only twenty-two neighborhoods have a higher average rent than $3,300. Interestingly, the neighborhoods' average rent is higher than Chelsea's average rent, which is only $2,200. Out of all the neighborhoods in or near Chelsea, Broadway has the most affordable average rent at $1,775 per month. Whereas, at $4,963 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	$1,550	$2,350	$2,925	$1,775
Maplewood, Malden, MA	N/A	$2,100	$2,500	$2,600
Glendale, Everett, MA	$1,875	$1,988	$2,450	$2,725
Central Maverick Square - Paris Street, Boston, MA	$1,995	$2,500	$3,025	$2,800
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,300	$2,795	$3,940	$2,999
Glenwood, Medford, MA	$2,088	$2,500	$2,900	$3,000
Jeffries Point - Airport, Boston, MA	$2,333	$2,500	$3,225	$3,000
Beacon Hill, Boston, MA	$2,499	$3,000	$4,100	$3,050
Harbor View - Orient Heights, Boston, MA	$1,700	$2,423	$3,100	$3,200
East Somerville, Somerville, MA	$2,450	$2,500	$3,225	$3,200
Ten Hills, Somerville, MA	$1,850	$2,600	$3,100	$3,200
Mid-Cambridge, Cambridge, MA	$2,225	$2,900	$3,500	$3,300
Back Bay, Boston, MA	$2,495	$3,400	$4,800	$3,400
North End, Boston, MA	$2,100	$2,698	$3,600	$3,400
South Medford, Medford, MA	N/A	$2,100	$3,000	$3,463
Ward Two, Somerville, MA	N/A	$2,600	$3,475	$3,500
West End, Boston, MA	$2,819	$3,450	$4,948	$3,550
Chinatown - Leather District, Boston, MA	$2,525	$3,930	$4,050	$3,550
Thompson Square - Bunker Hill, Boston, MA	$2,450	$3,200	$3,850	$3,700
East Cambridge, Cambridge, MA	$3,128	$3,400	$4,225	$3,768
South End, Boston, MA	$2,400	$3,200	$4,250	$3,800
D Street - West Broadway, Boston, MA	$2,950	$3,250	$4,500	$4,365
Downtown Boston, Boston, MA	$2,875	$3,985	$5,750	$4,963

Top Counties Near Chelsea

There are a total of 7 counties located by Chelsea, MA. Some of these counties include Chelsea, MA, Everett, MA, and Malden, MA. The average rent for rentals in these counties is $2,800. 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 $2,200. Vice versa, with an average rent of $3,400, Somerville, MA is the most expensive county by Chelsea, MA.

Typically, rent for studios in Chelsea, MA is 16.13% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Chelsea, MA is 2.33% more affordable than other counties nearby. Finally, rent for two bedrooms in Chelsea, MA is on par with the 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	$2,150	$2,900	$2,200
Everett, MA	$1,875	$2,100	$2,500	$2,700
Malden, MA	$1,800	$2,050	$2,500	$2,700
Winthrop Town, MA	$1,700	$2,300	$2,750	$2,800
Revere, MA	$1,795	$2,325	$2,900	$2,925
Medford, MA	$1,963	$2,200	$2,900	$3,150
Somerville, MA	$2,050	$2,600	$3,200	$3,400

Top Zipcodes Near Chelsea

There are a total of 12 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 $2,200 per month. In comparison, the zipcode with the most expensive average rent of $4,000 per month is 02111, Boston, MA.

Studios in these zipcodes have an average rent of $2,300. That's at least $60 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Chelsea, MA is $2,796 per month. Or in other words, $52 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,675 per month. Which comes out to $48 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	$2,025	$2,500	$3,100	$3,000
02114, Boston, MA	$2,654	$3,350	$4,515	$3,550
02215, Boston, MA	$2,300	$2,842	$3,995	$3,100
02116, Boston, MA	$2,498	$3,400	$5,250	$3,600
02150, Chelsea, MA	$1,550	$2,150	$2,900	$2,200
02155, Medford, MA	$1,963	$2,200	$2,900	$3,150
02148, Malden, MA	$1,800	$2,050	$2,500	$2,700
02149, Everett, MA	$1,875	$2,100	$2,500	$2,700
02115, Boston, MA	$2,300	$2,998	$3,950	$3,250
02143, Somerville, MA	$2,300	$2,750	$3,400	$3,400

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 $2,200. 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 $1,550 and an average price per square feet of $1.86. There are a total of 39 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 $2,150 and an average price per square feet of $36.69. There are a total of 24 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 $2,900 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 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 -0.03%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.07%, three bedroom rental prices have changed by -0.04% year-over-year.

What is a reasonable rent price in Chelsea, MA?

A reasonable rent price in Chelsea, MA is around $1,760/month. You can search for these reasonably priced rental listings on RentHop.