Monthly Rent Report
Chelsea Rent Report — November 2024
Asking rents in ZIP 10001, New York City, from 65 listings.
Median 1BR rent in Chelsea was $6,060 in November 2024, up 8.6% (+$479) from October 2024 and up 10.8% year-over-year. The middle half of 1BR listings asked between $6,060 and $6,060. That puts Chelsea $3,610 above the New York City citywide 1BR median of $2,450. The month's figures are based on 65 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $859 | −$4,086 (-82.6%) | −$3,194 (-78.8%) | $859 – $859 | 9 |
| Studio | $3,995 | −$950 (-19.2%) | −$58 (-1.4%) | $3,995 – $3,995 | 1 |
| 1BR | $6,060 | +$479 (+8.6%) | +$592 (+10.8%) | $6,060 – $6,060 | 1 |
| 1BR | $916 | −$4,665 (-83.6%) | −$4,552 (-83.2%) | $916 – $916 | 10 |
| 2BR | $7,995 | +$3,145 (+64.8%) | −$2,380 (-22.9%) | $7,995 – $7,995 | 1 |
| 2BR | $1,091 | −$3,759 (-77.5%) | −$9,284 (-89.5%) | $1,091 – $1,091 | 10 |
| 3BR | $10,473 | −$4,777 (-31.3%) | +$3,878 (+58.8%) | $7,225 – $12,995 | 30 |
| 4BR | $9,199 | +$704 (+8.3%) | +$1,952 (+26.9%) | $8,347 – $9,449 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — November 2024
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $859 | $2,383 | −$1,524 (-64.0%) |
| Studio | $3,995 | $2,383 | +$1,612 (+67.6%) |
| 1BR | $6,060 | $2,450 | +$3,610 (+147.3%) |
| 1BR | $916 | $2,450 | −$1,534 (-62.6%) |
| 2BR | $7,995 | $2,950 | +$5,045 (+171.0%) |
| 2BR | $1,091 | $2,950 | −$1,859 (-63.0%) |
| 3BR | $10,473 | $3,600 | +$6,873 (+190.9%) |
| 4BR | $9,199 | $4,375 | +$4,824 (+110.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.