Monthly Rent Report
Chelsea Rent Report — October 2022
Asking rents in ZIP 10001, New York City, from 251 listings.
Median 1BR rent in Chelsea was $4,957 in October 2022, up 5.9% (+$275) from September 2022. The middle half of 1BR listings asked between $4,848 and $5,650. That puts Chelsea $2,702 above the New York City citywide 1BR median of $2,255. The month's figures are based on 251 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,926 | −$479 (-10.9%) | — | $3,802 – $4,136 | 12 |
| Studio | $4,130 | −$275 (-6.2%) | — | $3,848 – $4,490 | 43 |
| Studio | $4,145 | −$260 (-5.9%) | — | $3,963 – $4,390 | 13 |
| 1BR | $4,957 | +$275 (+5.9%) | — | $4,848 – $5,650 | 21 |
| 1BR | $2,800 | −$1,882 (-40.2%) | — | $2,800 – $2,800 | 6 |
| 1BR | $5,292 | +$609 (+13.0%) | — | $4,824 – $5,967 | 86 |
| 2BR | $11,000 | +$3,330 (+43.4%) | — | $11,000 – $11,000 | 1 |
| 2BR | $8,008 | +$338 (+4.4%) | — | $6,989 – $9,309 | 40 |
| 2BR | $18,500 | +$10,830 (+141.2%) | — | $10,875 – $18,500 | 3 |
| 3BR | $13,750 | +$2,755 (+25.1%) | — | $10,000 – $17,500 | 4 |
| 3BR | $13,125 | +$2,130 (+19.4%) | — | $10,561 – $17,750 | 8 |
| 3BR | $9,150 | −$1,845 (-16.8%) | — | $9,150 – $9,150 | 1 |
| 4BR | $7,000 | −$500 (-6.7%) | — | $7,000 – $7,100 | 3 |
| 4BR | $7,200 | −$300 (-4.0%) | — | $7,100 – $13,098 | 3 |
| 4BR | $18,995 | +$11,495 (+153.3%) | — | $18,995 – $18,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — October 2022
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,926 | $2,283 | +$1,643 (+72.0%) |
| Studio | $4,130 | $2,283 | +$1,848 (+80.9%) |
| Studio | $4,145 | $2,283 | +$1,863 (+81.6%) |
| 1BR | $4,957 | $2,255 | +$2,702 (+119.8%) |
| 1BR | $2,800 | $2,255 | +$545 (+24.2%) |
| 1BR | $5,292 | $2,255 | +$3,037 (+134.7%) |
| 2BR | $11,000 | $2,700 | +$8,300 (+307.4%) |
| 2BR | $8,008 | $2,700 | +$5,308 (+196.6%) |
| 2BR | $18,500 | $2,700 | +$15,800 (+585.2%) |
| 3BR | $13,750 | $3,200 | +$10,550 (+329.7%) |
| 3BR | $13,125 | $3,200 | +$9,925 (+310.2%) |
| 3BR | $9,150 | $3,200 | +$5,950 (+185.9%) |
| 4BR | $7,000 | $3,999 | +$3,001 (+75.0%) |
| 4BR | $7,200 | $3,999 | +$3,201 (+80.0%) |
| 4BR | $18,995 | $3,999 | +$14,996 (+375.0%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.