Monthly Rent Report
Chelsea Rent Report — November 2022
Asking rents in ZIP 10001, New York City, from 395 listings.
Median 1BR rent in Chelsea was $5,505 in November 2022, up 11.1% (+$548) from October 2022. The middle half of 1BR listings asked between $5,024 and $6,296. That puts Chelsea $3,261 above the New York City citywide 1BR median of $2,244. The month's figures are based on 395 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,190 | +$45 (+1.1%) | — | $3,924 – $4,438 | 18 |
| Studio | $5,500 | +$1,355 (+32.7%) | — | $5,500 – $5,500 | 2 |
| Studio | $4,165 | +$20 (+0.5%) | — | $3,693 – $4,483 | 90 |
| 1BR | $5,505 | +$548 (+11.1%) | — | $5,024 – $6,296 | 27 |
| 1BR | $5,408 | +$451 (+9.1%) | — | $4,815 – $6,060 | 164 |
| 1BR | $4,903 | −$54 (-1.1%) | — | $4,703 – $7,100 | 5 |
| 2BR | $8,275 | −$2,725 (-24.8%) | — | $7,415 – $8,968 | 62 |
| 2BR | $6,000 | −$5,000 (-45.5%) | — | $5,098 – $12,975 | 3 |
| 2BR | $7,140 | −$3,860 (-35.1%) | — | $6,882 – $7,323 | 3 |
| 3BR | $16,000 | +$6,850 (+74.9%) | — | $16,000 – $17,500 | 5 |
| 3BR | $15,498 | +$6,348 (+69.4%) | — | $15,246 – $15,749 | 2 |
| 3BR | $12,625 | +$3,475 (+38.0%) | — | $9,363 – $17,350 | 10 |
| 4BR | $19,999 | +$1,004 (+5.3%) | — | $19,999 – $19,999 | 1 |
| 4BR | $7,500 | −$11,495 (-60.5%) | — | $7,500 – $7,500 | 1 |
| 4BR | $8,000 | −$10,995 (-57.9%) | — | $7,750 – $8,250 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — November 2022
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,190 | $2,148 | +$2,042 (+95.0%) |
| Studio | $5,500 | $2,148 | +$3,352 (+156.1%) |
| Studio | $4,165 | $2,148 | +$2,017 (+93.9%) |
| 1BR | $5,505 | $2,244 | +$3,261 (+145.3%) |
| 1BR | $5,408 | $2,244 | +$3,164 (+141.0%) |
| 1BR | $4,903 | $2,244 | +$2,659 (+118.5%) |
| 2BR | $8,275 | $2,700 | +$5,575 (+206.5%) |
| 2BR | $6,000 | $2,700 | +$3,300 (+122.2%) |
| 2BR | $7,140 | $2,700 | +$4,440 (+164.4%) |
| 3BR | $16,000 | $3,200 | +$12,800 (+400.0%) |
| 3BR | $15,498 | $3,200 | +$12,298 (+384.3%) |
| 3BR | $12,625 | $3,200 | +$9,425 (+294.5%) |
| 4BR | $19,999 | $3,900 | +$16,099 (+412.8%) |
| 4BR | $7,500 | $3,900 | +$3,600 (+92.3%) |
| 4BR | $8,000 | $3,900 | +$4,100 (+105.1%) |
Citywide figure is the median of zip-level medians across 170 New York City zip codes with listings in November 2022.