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 $16,000 for a 4-bedroom rental. The median price of all currently available listings is $6,182, or roughly $113 per square feet.
For the apartment units and housing in July 2026, median rents have risen over the last year. Studio rentals prices have increased by $508 (12.55%) year-over-year from $4,043 to $4,550. 1-bedroom rentals prices have increased by $469 (8.18%) year-over-year from $5,737 to $6,206. 2-bedroom rentals prices have increased by $1,224 (14.69%) year-over-year from $8,332 to $9,555. 3-bedroom rentals prices have increased by $7,302 (75.29%) year-over-year from $9,698 to $17,000. 4-bedroom rentals prices have decreased by $4,966 (-27.64%) year-over-year from $17,966 to $13,000. 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 3.41% this month. 1-bedroom rents have gone up by 1.14% this month. 2-bedroom rents have gone up by 0.92% this month. 3-bedroom rents have gone up by 12.96% this month. 4-bedroom rents have gone down by 55.17% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $115.76 $4,550 $4,043 (12.55%) $3,943 (15.40%)
1 BR $113.73 $6,206 $5,737 (8.18%) $5,321 (16.62%)
2 BR $112.15 $9,555 $8,332 (14.69%) $7,814 (22.29%)
3 BR $105.67 $17,000 $9,698 (75.29%) $9,832 (72.91%)
4+ BR $111.16 $13,000 $17,966 (-27.64%) $18,040 (-27.94%)

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 25 cities nearby Chelsea. The average rent in Chelsea is currently $3,175 per month. A total of 22 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,063, 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 $9,500 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 54.60% more expensive than other cities nearby. One bedrooms are about 60.49% more expensive. Two bedrooms in Chelsea, New York, NY are about 66.48% more expensive. Finally, rent for three bedrooms are about 78.24% more expensive. Want more information? Check out the top 10 cities out of 25 total cities near Chelsea, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,950 $1,600 $1,895 $2,100
Paterson, NJ N/A $1,850 $2,500 $2,500
Bayonne, NJ $2,380 $2,499 $3,199 $2,525
Jersey City, NJ $2,450 $2,400 $2,650 $2,600
Cliffside Park, NJ $1,750 $2,075 $3,300 $2,600
Yonkers, NY $2,075 $2,300 $2,600 $2,600
Mount Vernon, NY $1,750 $2,300 $2,400 $2,750
Palisades Park, NJ $1,600 $2,000 $2,600 $3,175
Fort Lee, NJ $1,600 $2,800 $3,200 $3,245
New York, NY $3,800 $4,650 $6,250 $4,895

Top Neighborhoods Near Chelsea

There are a total of 69 neighborhoods in or near Chelsea. Some of these neighborhoods include Long Island City, Roosevelt Island, and NoHo. We've included the top 30 neighborhoods out of 69 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 $4,650 per month. A total of 60 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Chelsea's average rent, which is actually $6,182. Out of all the neighborhoods in or near Chelsea, Brooklawn - St. Vincent has the most affordable average rent at $2,000 per month. Whereas, at $8,500 average rent per month, Two Bridges is the most expensive neighborhood in or near Chelsea. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Long Island City, New York, NY $3,644 $4,565 $6,500 $4,544
Roosevelt Island, New York, NY $3,695 $4,200 $5,554 $4,623
NoHo, New York, NY $4,650 $4,500 $15,000 $4,650
Greenpoint, New York, NY $3,690 $4,530 $6,895 $4,726
Hell's Kitchen, New York, NY $3,750 $4,500 $6,612 $4,798
Bowery, New York, NY $4,525 $3,750 $4,900 $4,899
Murray Hill, New York, NY $3,925 $5,070 $7,766 $4,951
Financial District, New York, NY $4,100 $5,390 $7,497 $5,170
Midtown South, New York, NY $3,800 $5,500 $7,573 $5,200
Upper West Side, New York, NY $3,555 $4,895 $7,000 $5,200
Brooklyn Heights, New York, NY $4,000 $4,785 $8,250 $5,225
Midtown East, New York, NY $3,850 $4,998 $7,600 $5,250
Midtown, New York, NY $4,045 $5,050 $7,657 $5,353
NoLita, New York, NY $4,300 $5,395 $6,995 $5,495
Kips Bay, New York, NY $3,985 $4,784 $6,349 $5,506
Hudson Yards, New York, NY $4,357 $5,625 $8,495 $5,654
Battery Park City, New York, NY $4,458 $5,500 $7,750 $5,900
East Village, New York, NY $4,175 $4,295 $6,495 $5,923
Lower East Side, New York, NY $4,289 $4,495 $5,995 $6,000
Greenwich Village, New York, NY $4,600 $6,295 $8,255 $6,000
West Village, New York, NY $4,650 $5,700 $7,250 $6,000
Civic Center, New York, NY $5,200 $5,719 $9,498 $6,113
SoHo, New York, NY $4,000 $5,495 $12,000 $6,250
Stuyvesant Town - Peter Cooper Village, New York, NY $5,250 $6,170 $6,320 $6,320
Flatiron District, New York, NY $5,000 $6,700 $9,750 $6,410
Gramercy Park, New York, NY $4,095 $5,600 $6,450 $6,500
NoMad, New York, NY $4,499 $5,995 $8,495 $7,423
Tribeca, New York, NY $6,000 $6,599 $8,495 $7,500
Little Italy, New York, NY $3,700 $3,612 $5,125 $8,295
Two Bridges, New York, NY N/A $5,200 $8,750 $8,500

Top Counties Near Chelsea

There are a total of 34 counties located by Chelsea, New York, NY. Some of these counties include Newark, NJ, Bayonne, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,176. That's roughly around $40 per sqft. A total of 34 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,063. Vice versa, with an average rent of $5,495, Manhattan, New York, NY is the most expensive county by Chelsea, New York, NY.

Typically, rent for studios in Chelsea, New York, NY is 53.16% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Chelsea, New York, NY is 59.71% more expensive than other counties nearby. Finally, rent for two bedrooms in Chelsea, New York, NY is 65.43% 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 $1,950 $1,600 $1,895 $2,100
Bayonne, NJ $2,380 $2,499 $3,199 $2,525
Jersey City, NJ $2,450 $2,400 $2,650 $2,600
Cliffside Park, NJ $1,750 $2,075 $3,300 $2,600
Palisades Park, NJ $1,600 $2,000 $2,600 $3,175
Bronx, New York, NY $2,533 $2,750 $3,448 $3,176
Fort Lee, NJ $1,600 $2,800 $3,200 $3,245
Queens, New York, NY $3,463 $3,542 $4,100 $3,650
Brooklyn, New York, NY $3,595 $4,095 $5,000 $4,226
Manhattan, New York, NY $3,995 $5,151 $6,995 $5,495

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 $4,978. A total of 44 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 $3,100 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 $3,702. That's at least $95 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 $4,513 per month. Or in other words, $89 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,598 per month. Which comes out to $85 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 $6,300 $7,500 $6,364
10001, New York, NY $4,200 $6,278 $9,391 $6,278
10018, New York, NY $4,200 $5,575 $8,450 $5,566
10014, New York, NY $4,800 $5,850 $7,225 $5,995
10036, New York, NY $4,126 $5,300 $7,980 $5,498
10019, New York, NY $4,000 $4,670 $7,295 $4,997
10003, New York, NY $4,400 $5,575 $6,995 $5,900
10010, New York, NY $4,495 $4,700 $6,695 $5,694
10012, New York, NY $3,850 $5,100 $8,000 $5,495
10016, New York, NY $3,995 $5,095 $7,148 $5,495

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 $6,182. 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 $115.76. There are a total of 236 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 $6,201 and an average price per square feet of $113.73. There are a total of 365 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 $9,546 and an average price per square feet of $112.15. There are a total of 190 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 0.13%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.15%, three bedroom rental prices have changed by 0.75% 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 $4,946/month. You can search for these reasonably priced rental listings on RentHop.
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