Average Rent in Chelsea, New York, NY

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Current Versus Historical Chelsea, New York, NY Rents

Chelsea rentals average $4,520 for a studio rental to $20,000 for a 4-bedroom rental. The median price of all currently available listings is $6,000, or roughly $115 per square feet.
For the apartment units and housing in October 2026, median rents have risen over the last year. Studio rentals prices have increased by $362 (8.70%) year-over-year from $4,158 to $4,520. 1-bedroom rentals prices have increased by $525 (9.40%) year-over-year from $5,582 to $6,107. 2-bedroom rentals prices have increased by $1,046 (12.48%) year-over-year from $8,381 to $9,427. 3-bedroom rentals prices have increased by $2,999 (25.00%) year-over-year from $11,998 to $14,998. 4-bedroom rentals prices have decreased by $4,833 (-19.46%) year-over-year from $24,833 to $20,000. 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 0.67% this month. 1-bedroom rents have gone down by 1.53% this month. 2-bedroom rents have gone down by 3.22% this month. 3-bedroom rents have gone up by 12.50% this month. 4-bedroom rents have gone up by 30.45% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $115.20 $4,520 $4,158 (8.70%) $3,845 (17.56%)
1 BR $117.19 $6,107 $5,582 (9.40%) $5,174 (18.02%)
2 BR $103.69 $9,427 $8,381 (12.48%) $7,757 (21.53%)
3 BR $114.78 $14,998 $11,998 (25.00%) $8,848 (69.50%)
4+ BR $86.05 $20,000 $24,833 (-19.46%) $15,650 (27.80%)

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 34 cities nearby Chelsea. The average rent in Chelsea is currently $3,003 per month. A total of 31 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,000, 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 $8,500 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 51.88% more expensive than other cities nearby. One bedrooms are about 58.45% more expensive. Two bedrooms in Chelsea, New York, NY are about 67.06% more expensive. Finally, rent for three bedrooms are about 77.66% more expensive. Want more information? Check out the top 10 cities out of 34 total cities near Chelsea, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Kearny, NJ $25 $1,800 $2,250 $2,225
Newark, NJ $2,208 $1,675 $2,150 $2,300
Bayonne, NJ $2,250 $2,560 $3,400 $2,630
Harrison, NJ $2,501 $2,859 $3,542 $2,650
Cliffside Park, NJ $1,800 $2,100 $2,800 $2,998
Palisades Park, NJ $1,700 $1,850 $2,998 $3,300
Fort Lee, NJ $2,656 $3,344 $3,500 $3,625
Jersey City, NJ $3,288 $3,909 $4,599 $3,720
Edgewater, NJ $2,728 $2,700 $4,195 $3,800
New York, NY $3,900 $4,795 $6,340 $4,909

Top Neighborhoods Near Chelsea

There are a total of 79 neighborhoods in or near Chelsea. Some of these neighborhoods include Journal Square, Historic Downtown, and NoHo. We've included the top 30 neighborhoods out of 79 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 $4,595 per month. A total of 68 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Chelsea's average rent, which is actually $6,000. Out of all the neighborhoods in or near Chelsea, East Side has the most affordable average rent at $1,900 per month. Whereas, at $8,000 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
Journal Square, Jersey City, NJ $3,072 $3,707 $4,483 $3,414
Historic Downtown, Jersey City, NJ $3,205 $3,458 $4,728 $4,003
NoHo, New York, NY $4,500 $5,750 $10,250 $4,600
Roosevelt Island, New York, NY $3,626 $4,154 $5,958 $4,673
The Waterfront, Jersey City, NJ $3,606 $4,621 $6,286 $4,706
Murray Hill, New York, NY $3,775 $5,300 $7,600 $4,961
Hell's Kitchen, New York, NY $3,800 $4,700 $6,075 $5,000
Financial District, New York, NY $4,200 $5,349 $6,918 $5,001
Midtown, New York, NY $4,045 $4,898 $7,700 $5,150
Hudson Yards, New York, NY $4,200 $5,395 $7,995 $5,300
Midtown East, New York, NY $3,995 $5,100 $7,600 $5,350
Midtown South, New York, NY $3,995 $5,183 $7,448 $5,400
Kips Bay, New York, NY $4,070 $4,941 $5,995 $5,486
Two Bridges, New York, NY N/A $5,295 $8,750 $5,495
West Village, New York, NY $5,125 $5,498 $6,950 $5,550
Upper West Side, New York, NY $3,498 $5,100 $7,997 $5,600
Battery Park City, New York, NY $4,115 $5,455 $7,523 $5,750
Lower East Side, New York, NY $4,519 $4,495 $7,695 $5,797
East Village, New York, NY $3,600 $4,495 $5,995 $5,800
Stuyvesant Town - Peter Cooper Village, New York, NY $5,088 $5,722 $6,695 $5,865
NoMad, New York, NY $4,495 $6,000 $7,995 $6,203
Civic Center, New York, NY $5,700 $5,323 $8,795 $6,375
Greenwich Village, New York, NY $4,800 $7,400 $12,995 $6,450
Flatiron District, New York, NY $4,750 $6,600 $8,900 $6,550
Gramercy Park, New York, NY $4,600 $6,400 $10,900 $6,900
SoHo, New York, NY $3,998 $5,295 $11,500 $7,018
Little Italy, New York, NY $4,100 $3,800 $4,350 $7,495
Bowery, New York, NY $3,300 $3,999 $5,995 $7,753
NoLita, New York, NY $2,100 $5,095 $7,895 $7,895
Tribeca, New York, NY $5,958 $6,783 $8,320 $7,962

Top Counties Near Chelsea

There are a total of 42 counties located by Chelsea, New York, NY. Some of these counties include Kearny, NJ, Harrison, NJ, and North Bergen, NJ. The average rent for rentals in these counties is $3,263. That's roughly around $40 per sqft. A total of 42 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,000. Vice versa, with an average rent of $5,450, Manhattan, New York, NY is the most expensive county by Chelsea, New York, NY.

Typically, rent for studios in Chelsea, New York, NY is 49.76% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Chelsea, New York, NY is 58.92% more expensive than other counties nearby. Finally, rent for two bedrooms in Chelsea, New York, NY is 65.58% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Kearny, NJ $25 $1,800 $2,250 $2,225
Harrison, NJ $2,501 $2,859 $3,542 $2,650
North Bergen, NJ $2,185 $2,350 $2,995 $2,885
Cliffside Park, NJ $1,800 $2,100 $2,800 $2,998
Palisades Park, NJ $1,700 $1,850 $2,998 $3,300
Fort Lee, NJ $2,656 $3,344 $3,500 $3,625
Jersey City, NJ $3,288 $3,909 $4,599 $3,720
Edgewater, NJ $2,728 $2,700 $4,195 $3,800
Weehawken, NJ $3,782 $4,332 $5,796 $4,332
Manhattan, New York, NY $4,050 $5,250 $7,185 $5,450

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 $5,041. A total of 41 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11213, New York, NY at $3,300 per month. In comparison, the zipcode with the most expensive average rent of $8,706 per month is 10069, New York, NY.

Studios in these zipcodes have an average rent of $3,715. That's at least $97 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 $4,843 per month. Or in other words, $90 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,682 per month. Which comes out to $87 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 $4,650 $6,150 $8,525 $6,300
10001, New York, NY $4,469 $5,754 $9,295 $5,750
10018, New York, NY $4,273 $5,345 $7,995 $5,045
10014, New York, NY $5,250 $5,600 $6,998 $5,500
10036, New York, NY $3,850 $4,750 $6,745 $5,225
10019, New York, NY $3,830 $4,836 $6,715 $5,083
10003, New York, NY $4,595 $6,400 $6,995 $6,200
10010, New York, NY $4,100 $5,424 $7,610 $5,726
10012, New York, NY $3,995 $5,000 $7,895 $7,109
10016, New York, NY $3,950 $5,256 $6,995 $5,395

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 $6,000. 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 $4,520 and an average price per square feet of $115.20. There are a total of 292 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 $6,189 and an average price per square feet of $117.19. There are a total of 377 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 $9,625 and an average price per square feet of $103.69. There are a total of 221 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 0.09%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.12%, three bedroom rental prices have changed by 0.25% 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 $4,800/month. You can search for these reasonably priced rental listings on RentHop.