Monthly Rent Report
Chelsea Rent Report — January 2025
Asking rents in ZIP 10001, New York City, from 920 listings.
Median 1BR rent in Chelsea was $6,133 in January 2025, up 5.0% (+$290) from December 2024 and up 21.4% year-over-year. The middle half of 1BR listings asked between $5,767 and $6,253. That puts Chelsea $3,633 above the New York City citywide 1BR median of $2,500. The month's figures are based on 920 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,460 | +$310 (+7.5%) | +$1,118 (+33.4%) | $4,362 – $4,606 | 10 |
| Studio | $4,298 | +$148 (+3.6%) | +$956 (+28.6%) | $3,981 – $4,773 | 219 |
| Studio | $4,576 | +$426 (+10.3%) | +$1,234 (+36.9%) | $4,450 – $4,914 | 22 |
| 1BR | $6,133 | +$290 (+5.0%) | +$1,083 (+21.4%) | $5,767 – $6,253 | 5 |
| 1BR | $6,522 | +$679 (+11.6%) | +$1,472 (+29.1%) | $6,365 – $6,646 | 8 |
| 1BR | $5,442 | −$401 (-6.9%) | +$392 (+7.8%) | $5,018 – $5,802 | 385 |
| 2BR | $8,634 | −$470 (-5.2%) | +$2,839 (+49.0%) | $8,524 – $9,363 | 3 |
| 2BR | $9,901 | +$797 (+8.7%) | +$4,106 (+70.9%) | $9,358 – $9,916 | 3 |
| 2BR | $7,801 | −$1,303 (-14.3%) | +$2,006 (+34.6%) | $6,875 – $8,732 | 199 |
| 3BR | $9,892 | −$1,341 (-11.9%) | −$1,978 (-16.7%) | $5,449 – $11,720 | 30 |
| 3BR | $9,892 | −$1,341 (-11.9%) | −$1,978 (-16.7%) | $5,449 – $11,720 | 30 |
| 4BR | $7,025 | −$4,475 (-38.9%) | −$175 (-2.4%) | $4,788 – $9,263 | 2 |
| 4BR | $7,025 | −$4,475 (-38.9%) | −$175 (-2.4%) | $4,788 – $9,263 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — January 2025
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,460 | $2,525 | +$1,935 (+76.6%) |
| Studio | $4,298 | $2,525 | +$1,773 (+70.2%) |
| Studio | $4,576 | $2,525 | +$2,051 (+81.2%) |
| 1BR | $6,133 | $2,500 | +$3,633 (+145.3%) |
| 1BR | $6,522 | $2,500 | +$4,022 (+160.9%) |
| 1BR | $5,442 | $2,500 | +$2,942 (+117.7%) |
| 2BR | $8,634 | $2,900 | +$5,734 (+197.7%) |
| 2BR | $9,901 | $2,900 | +$7,001 (+241.4%) |
| 2BR | $7,801 | $2,900 | +$4,901 (+169.0%) |
| 3BR | $9,892 | $3,500 | +$6,392 (+182.6%) |
| 3BR | $9,892 | $3,500 | +$6,392 (+182.6%) |
| 4BR | $7,025 | $4,100 | +$2,925 (+71.3%) |
| 4BR | $7,025 | $4,100 | +$2,925 (+71.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.