Monthly Rent Report
Chelsea Rent Report — September 2022
Asking rents in ZIP 10001, New York City, from 426 listings.
Median 1BR rent in Chelsea was $4,683 in September 2022, down 9.2% (−$472) from August 2022. The middle half of 1BR listings asked between $4,600 and $5,296. That puts Chelsea $2,383 above the New York City citywide 1BR median of $2,300. The month's figures are based on 426 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,405 | +$49 (+1.1%) | — | $3,800 – $4,883 | 125 |
| Studio | $3,980 | −$376 (-8.6%) | — | $3,870 – $4,512 | 68 |
| Studio | $4,378 | +$22 (+0.5%) | — | $3,964 – $4,507 | 10 |
| 1BR | $4,683 | −$472 (-9.2%) | — | $4,600 – $5,296 | 76 |
| 1BR | $5,848 | +$693 (+13.4%) | — | $5,774 – $5,921 | 2 |
| 1BR | $5,510 | +$355 (+6.9%) | — | $4,935 – $6,024 | 18 |
| 2BR | $15,990 | +$7,985 (+99.8%) | — | $10,095 – $17,245 | 3 |
| 2BR | $7,555 | −$450 (-5.6%) | — | $7,446 – $8,121 | 7 |
| 2BR | $7,670 | −$335 (-4.2%) | — | $7,396 – $7,964 | 42 |
| 3BR | $11,000 | −$8,000 (-42.1%) | — | $9,500 – $12,000 | 22 |
| 3BR | $10,995 | −$8,005 (-42.1%) | — | $9,500 – $12,375 | 35 |
| 3BR | $17,081 | −$1,919 (-10.1%) | — | $15,872 – $18,291 | 2 |
| 4BR | $7,500 | −$1,250 (-14.3%) | — | $7,500 – $7,500 | 1 |
| 4BR | $7,500 | −$1,250 (-14.3%) | — | $7,500 – $18,995 | 7 |
| 4BR | $7,500 | −$1,250 (-14.3%) | — | $7,500 – $10,374 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — September 2022
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,405 | $2,200 | +$2,205 (+100.2%) |
| Studio | $3,980 | $2,200 | +$1,780 (+80.9%) |
| Studio | $4,378 | $2,200 | +$2,178 (+99.0%) |
| 1BR | $4,683 | $2,300 | +$2,383 (+103.6%) |
| 1BR | $5,848 | $2,300 | +$3,548 (+154.2%) |
| 1BR | $5,510 | $2,300 | +$3,210 (+139.6%) |
| 2BR | $15,990 | $2,800 | +$13,190 (+471.1%) |
| 2BR | $7,555 | $2,800 | +$4,755 (+169.8%) |
| 2BR | $7,670 | $2,800 | +$4,870 (+173.9%) |
| 3BR | $11,000 | $3,395 | +$7,605 (+224.0%) |
| 3BR | $10,995 | $3,395 | +$7,600 (+223.9%) |
| 3BR | $17,081 | $3,395 | +$13,686 (+403.1%) |
| 4BR | $7,500 | $3,998 | +$3,502 (+87.6%) |
| 4BR | $7,500 | $3,998 | +$3,502 (+87.6%) |
| 4BR | $7,500 | $3,998 | +$3,502 (+87.6%) |
Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.