Monthly Rent Report
Chelsea Rent Report — January 2023
Asking rents in ZIP 10001, New York City, from 536 listings.
Median 1BR rent in Chelsea was $5,200 in January 2023, down 4.1% (−$220) from December 2022. The middle half of 1BR listings asked between $4,675 and $5,800. That puts Chelsea $2,911 above the New York City citywide 1BR median of $2,289. The month's figures are based on 536 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,183 | +$80 (+2.0%) | — | $3,750 – $4,501 | 64 |
| Studio | $3,916 | −$186 (-4.5%) | — | $3,658 – $4,150 | 75 |
| Studio | $4,795 | +$693 (+16.9%) | — | $4,284 – $4,895 | 3 |
| 1BR | $5,200 | −$220 (-4.1%) | — | $4,675 – $5,800 | 142 |
| 1BR | $4,451 | −$969 (-17.9%) | — | $4,323 – $4,579 | 2 |
| 1BR | $4,655 | −$765 (-14.1%) | — | $4,405 – $5,065 | 91 |
| 2BR | $6,935 | −$651 (-8.6%) | — | $5,000 – $8,150 | 57 |
| 2BR | $11,095 | +$3,509 (+46.3%) | — | $11,095 – $11,095 | 1 |
| 2BR | $7,768 | +$182 (+2.4%) | — | $6,908 – $9,150 | 74 |
| 3BR | $7,497 | −$9,403 (-55.6%) | — | $7,112 – $11,621 | 6 |
| 3BR | $11,995 | −$4,905 (-29.0%) | — | $8,925 – $12,255 | 15 |
| 3BR | $10,610 | −$6,290 (-37.2%) | — | $10,610 – $10,610 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — January 2023
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,183 | $2,197 | +$1,986 (+90.4%) |
| Studio | $3,916 | $2,197 | +$1,719 (+78.2%) |
| Studio | $4,795 | $2,197 | +$2,598 (+118.3%) |
| 1BR | $5,200 | $2,289 | +$2,911 (+127.2%) |
| 1BR | $4,451 | $2,289 | +$2,162 (+94.5%) |
| 1BR | $4,655 | $2,289 | +$2,366 (+103.4%) |
| 2BR | $6,935 | $2,700 | +$4,235 (+156.9%) |
| 2BR | $11,095 | $2,700 | +$8,395 (+310.9%) |
| 2BR | $7,768 | $2,700 | +$5,068 (+187.7%) |
| 3BR | $7,497 | $3,200 | +$4,297 (+134.3%) |
| 3BR | $11,995 | $3,200 | +$8,795 (+274.8%) |
| 3BR | $10,610 | $3,200 | +$7,410 (+231.6%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.