Monthly Rent Report
Chelsea Rent Report — August 2022
Asking rents in ZIP 10001, New York City, from 445 listings.
Median 1BR rent in Chelsea was $5,515 in August 2022. The middle half of 1BR listings asked between $4,870 and $5,791. That puts Chelsea $3,165 above the New York City citywide 1BR median of $2,350. The month's figures are based on 445 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. Prior Month | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,328 | — | — | $4,091 – $4,891 | 23 |
| Studio | $4,405 | — | — | $4,126 – $4,832 | 74 |
| Studio | $4,356 | — | — | $3,781 – $4,497 | 26 |
| 1BR | $5,515 | — | — | $4,870 – $5,791 | 14 |
| 1BR | $5,880 | — | — | $5,078 – $6,557 | 127 |
| 1BR | $5,155 | — | — | $4,410 – $6,134 | 59 |
| 2BR | $8,190 | — | — | $7,000 – $10,179 | 71 |
| 2BR | $7,525 | — | — | $6,500 – $9,599 | 13 |
| 2BR | $8,005 | — | — | $7,579 – $8,877 | 11 |
| 3BR | $10,250 | — | — | $8,495 – $13,000 | 19 |
| 3BR | $9,800 | — | — | $9,800 – $9,800 | 1 |
| 3BR | $19,000 | — | — | $16,250 – $19,500 | 4 |
| 4BR | $8,500 | — | — | $8,500 – $8,500 | 1 |
| 4BR | $8,750 | — | — | $8,625 – $8,875 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — August 2022
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,328 | $2,300 | +$2,028 (+88.2%) |
| Studio | $4,405 | $2,300 | +$2,105 (+91.5%) |
| Studio | $4,356 | $2,300 | +$2,056 (+89.4%) |
| 1BR | $5,515 | $2,350 | +$3,165 (+134.7%) |
| 1BR | $5,880 | $2,350 | +$3,530 (+150.2%) |
| 1BR | $5,155 | $2,350 | +$2,805 (+119.4%) |
| 2BR | $8,190 | $2,800 | +$5,390 (+192.5%) |
| 2BR | $7,525 | $2,800 | +$4,725 (+168.8%) |
| 2BR | $8,005 | $2,800 | +$5,205 (+185.9%) |
| 3BR | $10,250 | $3,350 | +$6,900 (+206.0%) |
| 3BR | $9,800 | $3,350 | +$6,450 (+192.5%) |
| 3BR | $19,000 | $3,350 | +$15,650 (+467.2%) |
| 4BR | $8,500 | $4,224 | +$4,276 (+101.2%) |
| 4BR | $8,750 | $4,224 | +$4,526 (+107.2%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.