Monthly Rent Report
Chelsea Rent Report — December 2022
Asking rents in ZIP 10001, New York City, from 235 listings.
Median 1BR rent in Chelsea was $4,915 in December 2022, up 0.2% (+$12) from November 2022. The middle half of 1BR listings asked between $4,664 and $5,580. That puts Chelsea $2,694 above the New York City citywide 1BR median of $2,222. The month's figures are based on 235 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,103 | −$1,397 (-25.4%) | — | $3,738 – $4,365 | 28 |
| Studio | $4,103 | −$1,397 (-25.4%) | — | $3,400 – $4,315 | 24 |
| Studio | $4,063 | −$1,437 (-26.1%) | — | $3,751 – $4,355 | 16 |
| 1BR | $4,915 | +$12 (+0.2%) | — | $4,664 – $5,580 | 25 |
| 1BR | $5,421 | +$518 (+10.6%) | — | $4,720 – $6,032 | 54 |
| 1BR | $4,857 | −$46 (-0.9%) | — | $3,935 – $5,500 | 29 |
| 2BR | $7,586 | +$446 (+6.2%) | — | $7,238 – $8,078 | 5 |
| 2BR | $7,557 | +$417 (+5.8%) | — | $7,204 – $8,762 | 26 |
| 2BR | $7,420 | +$280 (+3.9%) | — | $7,295 – $8,634 | 14 |
| 3BR | $9,231 | −$3,394 (-26.9%) | — | $9,231 – $9,231 | 1 |
| 3BR | $15,508 | +$2,883 (+22.8%) | — | $12,125 – $18,500 | 6 |
| 3BR | $16,900 | +$4,275 (+33.9%) | — | $13,250 – $17,700 | 3 |
| 4BR | $7,250 | −$750 (-9.4%) | — | $7,125 – $7,375 | 2 |
| 4BR | $7,250 | −$750 (-9.4%) | — | $7,125 – $7,375 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — December 2022
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,103 | $2,098 | +$2,006 (+95.6%) |
| Studio | $4,103 | $2,098 | +$2,005 (+95.6%) |
| Studio | $4,063 | $2,098 | +$1,966 (+93.7%) |
| 1BR | $4,915 | $2,222 | +$2,694 (+121.2%) |
| 1BR | $5,421 | $2,222 | +$3,199 (+144.0%) |
| 1BR | $4,857 | $2,222 | +$2,636 (+118.6%) |
| 2BR | $7,586 | $2,700 | +$4,886 (+181.0%) |
| 2BR | $7,557 | $2,700 | +$4,857 (+179.9%) |
| 2BR | $7,420 | $2,700 | +$4,720 (+174.8%) |
| 3BR | $9,231 | $3,200 | +$6,031 (+188.5%) |
| 3BR | $15,508 | $3,200 | +$12,308 (+384.6%) |
| 3BR | $16,900 | $3,200 | +$13,700 (+428.1%) |
| 4BR | $7,250 | $3,750 | +$3,500 (+93.3%) |
| 4BR | $7,250 | $3,750 | +$3,500 (+93.3%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.