Average Rent in Chelsea, New York, NY

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Current Versus Historical Chelsea, New York, NY Rents

Chelsea rentals average $4,350 for a studio rental to $34,500 for a 4-bedroom rental. The median price of all currently available listings is $6,028, or roughly $112 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 $474 (11.85%) year-over-year from $4,001 to $4,475. 1-bedroom rentals prices have increased by $186 (3.19%) year-over-year from $5,810 to $5,995. 2-bedroom rentals prices have increased by $1,396 (16.70%) year-over-year from $8,358 to $9,754. 3-bedroom rentals prices have increased by $10,292 (112.71%) year-over-year from $9,132 to $19,424. 4-bedroom rentals prices have increased by $8,586 (67.80%) year-over-year from $12,664 to $21,250. 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 up by 2.68% this month. 1-bedroom rents have gone down by 1.07% this month. 2-bedroom rents have gone up by 2.13% this month. 3-bedroom rents have gone up by 33.42% this month. 4-bedroom rents have gone down by 32.18% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $111.49 $4,475 $4,001 (11.85%) $4,036 (10.88%)
1 BR $112.00 $5,995 $5,810 (3.19%) $5,243 (14.34%)
2 BR $107.60 $9,754 $8,358 (16.70%) $7,999 (21.93%)
3 BR $135.52 $19,424 $9,132 (112.71%) $10,183 (90.76%)
4+ BR $147.34 $21,250 $12,664 (67.80%) $20,208 (5.15%)

Historical Rents in Chelsea, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Chelsea

There are a total of 24 cities nearby Chelsea. The average rent in Chelsea is currently $3,188 per month. A total of 21 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Chelsea, New York, NY is Westport, CT. Monthly rents here are on average $10,500 per month.

Let's compare Chelsea, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Chelsea, New York, NY is 55.75% more expensive than other cities nearby. One bedrooms are about 56.84% more expensive. Two bedrooms in Chelsea, New York, NY are about 64.50% more expensive. Finally, rent for three bedrooms are about 77.24% more expensive. Want more information? Check out the top 10 cities out of 24 total cities near Chelsea, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,575 $1,673 $2,200 $2,300
Jersey City, NJ $1,850 $2,700 $2,400 $2,600
Mount Vernon, NY $1,750 $2,100 $2,600 $2,638
Hackensack, NJ $1,535 $2,300 $2,825 $2,650
Yonkers, NY $1,895 $2,300 $2,550 $2,700
Palisades Park, NJ $1,700 $2,048 $2,600 $2,900
Fort Lee, NJ $1,775 $2,700 $3,395 $3,175
Cliffside Park, NJ N/A $2,350 $3,600 $3,200
Edgewater, NJ $2,455 $2,700 $5,075 $3,500
New York, NY $3,800 $4,695 $6,164 $4,898

Top Neighborhoods Near Chelsea

There are a total of 70 neighborhoods in or near Chelsea. Some of these neighborhoods include Murray Hill, NoHo, and Hell's Kitchen. We've included the top 30 neighborhoods out of 70 total neighborhoods in or near Chelsea, New York, NY in the following table.

The average rent for these 30 neighborhoods in or near Chelsea, New York, NY is currently around $4,600 per month. A total of 58 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Chelsea's average rent, which is actually $6,028. Out of all the neighborhoods in or near Chelsea, Brooklawn - St. Vincent has the most affordable average rent at $2,100 per month. Whereas, at $8,400 average rent per month, Ocean Beach is the most expensive neighborhood in or near Chelsea. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Murray Hill, New York, NY $3,800 $4,650 $7,250 $4,550
NoHo, New York, NY $4,650 $5,650 $9,498 $4,650
Hell's Kitchen, New York, NY $3,750 $4,500 $6,450 $4,700
Brooklyn Heights, New York, NY $3,700 $4,397 $7,491 $4,700
Roosevelt Island, New York, NY $3,760 $4,200 $5,325 $4,800
Upper West Side, New York, NY $3,500 $4,800 $7,300 $5,250
Financial District, New York, NY $4,100 $5,345 $7,000 $5,295
Kips Bay, New York, NY $3,970 $4,560 $5,980 $5,295
Greenpoint, New York, NY $3,735 $4,675 $7,107 $5,348
Midtown South, New York, NY $3,900 $5,450 $6,950 $5,450
NoLita, New York, NY $4,460 $5,495 $6,995 $5,495
Midtown, New York, NY $3,915 $5,115 $7,403 $5,495
Two Bridges, New York, NY $4,123 $5,200 $8,750 $5,525
Hudson Yards, New York, NY $3,998 $5,500 $8,000 $5,580
West Village, New York, NY $4,295 $5,500 $7,225 $5,600
East Village, New York, NY $3,900 $4,295 $5,995 $5,650
Midtown East, New York, NY $3,900 $5,300 $7,063 $5,650
Greenwich Village, New York, NY $4,725 $6,300 $8,250 $5,700
Bowery, New York, NY $3,500 $3,799 $6,495 $5,995
DUMBO, New York, NY $3,998 $5,473 $7,600 $6,300
NoMad, New York, NY $4,494 $5,721 $8,591 $6,325
Flatiron District, New York, NY $5,100 $6,600 $9,800 $6,400
Lower East Side, New York, NY $4,395 $5,700 $5,995 $6,495
Stuyvesant Town - Peter Cooper Village, New York, NY $4,926 $6,203 $6,566 $6,500
Civic Center, New York, NY $5,250 $5,882 $9,500 $6,750
Battery Park City, New York, NY $4,444 $5,650 $7,691 $6,775
SoHo, New York, NY $3,850 $5,250 $12,000 $6,898
Gramercy Park, New York, NY $4,095 $5,600 $6,700 $7,200
Tribeca, New York, NY $6,364 $6,795 $8,345 $7,645
Little Italy, New York, NY $3,663 $3,555 $5,995 $8,295

Top Counties Near Chelsea

There are a total of 35 counties located by Chelsea, New York, NY. Some of these counties include Newark, NJ, Jersey City, NJ, and Hackensack, NJ. The average rent for rentals in these counties is $3,298. That's roughly around $39 per sqft. A total of 35 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,100. Vice versa, with an average rent of $5,400, Manhattan, New York, NY is the most expensive county by Chelsea, New York, NY.

Typically, rent for studios in Chelsea, New York, NY is 55.06% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Chelsea, New York, NY is 56.98% more expensive than other counties nearby. Finally, rent for two bedrooms in Chelsea, New York, NY is 65.53% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Newark, NJ $1,575 $1,673 $2,200 $2,300
Jersey City, NJ $1,850 $2,700 $2,400 $2,600
Hackensack, NJ $1,535 $2,300 $2,825 $2,650
Palisades Park, NJ $1,700 $2,048 $2,600 $2,900
Fort Lee, NJ $1,775 $2,700 $3,395 $3,175
Cliffside Park, NJ N/A $2,350 $3,600 $3,200
Bronx, New York, NY $2,524 $2,731 $3,620 $3,304
Edgewater, NJ $2,455 $2,700 $5,075 $3,500
Brooklyn, New York, NY $3,500 $4,100 $5,195 $4,250
Manhattan, New York, NY $3,900 $5,100 $6,795 $5,400

Top Zipcodes Near Chelsea

There are a total of 50 zipcodes in or near Chelsea, New York, NY. The average rent for all of these zipcodes is $4,973. A total of 46 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10031, New York, NY at $2,995 per month. In comparison, the zipcode with the most expensive average rent of $8,295 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,675. That's at least $96 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Chelsea, New York, NY is $4,727 per month. Or in other words, $84 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,375 per month. Which comes out to $82 per sqft. The following table includes the top 10 zipcodes in Chelsea, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10011, New York, NY $4,300 $6,398 $7,495 $6,000
10001, New York, NY $4,475 $5,868 $8,834 $5,990
10018, New York, NY $4,006 $5,595 $7,746 $5,462
10014, New York, NY $4,888 $5,900 $7,850 $5,826
10036, New York, NY $3,895 $5,000 $7,500 $5,295
10019, New York, NY $3,878 $4,700 $7,035 $5,000
10003, New York, NY $4,350 $5,400 $6,495 $5,650
10010, New York, NY $4,176 $5,124 $7,250 $5,653
10012, New York, NY $4,000 $5,495 $6,995 $5,495
10016, New York, NY $3,825 $4,754 $6,430 $5,000

Frequently Asked Questions - Chelsea Average Rents

What is the average rent price in Chelsea, New York, NY?
The average monthly rental price for Chelsea, New York, NY apartments for rent is approximately $6,028. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Chelsea, New York, NY 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, New York, NY.
How much is a studio apartment in Chelsea, New York, NY?
The average monthly rental price for studio apartments is $4,350 and an average price per square feet of $111.49. There are a total of 234 studio apartment listings currently available for rent in Chelsea.
How much is a one bedroom apartment in Chelsea, New York, NY?
The average monthly rental price for one bedroom apartments is $6,160 and an average price per square feet of $112.00. There are a total of 378 one bedroom apartment listings currently available for rent in Chelsea.
How much is a two bedroom apartment in Chelsea, New York, NY?
The average monthly rental price for two bedroom apartments is $9,500 and an average price per square feet of $107.60. There are a total of 193 two bedroom apartment listings currently available for rent in Chelsea.
How have rent prices in Chelsea, New York, NY changed this year?
Rent prices for rentals in Chelsea, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.12%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.17%, three bedroom rental prices have changed by 1.13% year-over-year.
What is a reasonable rent price in Chelsea, New York, NY?
A reasonable rent price in Chelsea, New York, NY is around $4,822/month. You can search for these reasonably priced rental listings on RentHop.
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