Monthly Rent Report
Chelsea Rent Report — April 2025
Asking rents in ZIP 10001, New York City, from 1,069 listings.
Median 1BR rent in Chelsea was $6,635 in April 2025, up 16.4% (+$935) from March 2025 and up 19.2% year-over-year. The middle half of 1BR listings asked between $6,297 and $6,993. That puts Chelsea $4,051 above the New York City citywide 1BR median of $2,584. The month's figures are based on 1,069 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2025 | Vs. April 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,672 | +$352 (+8.1%) | +$644 (+16.0%) | $4,608 – $4,881 | 19 |
| Studio | $4,320 | $0 (0.0%) | +$292 (+7.2%) | $3,995 – $4,675 | 296 |
| Studio | $4,597 | +$277 (+6.4%) | +$569 (+14.1%) | $4,492 – $4,704 | 39 |
| 1BR | $6,635 | +$935 (+16.4%) | +$1,070 (+19.2%) | $6,297 – $6,993 | 22 |
| 1BR | $7,035 | +$1,335 (+23.4%) | +$1,470 (+26.4%) | $6,766 – $7,186 | 11 |
| 1BR | $6,079 | +$379 (+6.6%) | +$514 (+9.2%) | $5,486 – $6,470 | 432 |
| 2BR | $8,635 | +$341 (+4.1%) | +$385 (+4.7%) | $8,060 – $9,163 | 3 |
| 2BR | $9,349 | +$1,054 (+12.7%) | +$1,099 (+13.3%) | $9,333 – $9,364 | 2 |
| 2BR | $8,595 | +$301 (+3.6%) | +$345 (+4.2%) | $7,550 – $9,556 | 197 |
| 3BR | $9,000 | −$1,899 (-17.4%) | −$2,000 (-18.2%) | $6,196 – $11,124 | 28 |
| 3BR | $1,938 | −$8,961 (-82.2%) | −$9,062 (-82.4%) | $1,531 – $6,971 | 8 |
| 4BR | $16,950 | +$7,450 (+78.4%) | +$450 (+2.7%) | $16,950 – $16,950 | 1 |
| 4BR | $1,313 | −$8,187 (-86.2%) | −$15,187 (-92.0%) | $1,295 – $1,332 | 2 |
| 4BR | $7,598 | −$1,902 (-20.0%) | −$8,902 (-54.0%) | $2,813 – $9,124 | 6 |
Median, P25, and P75 are asking rents from listings posted in April 2025. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — April 2025
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,672 | $2,725 | +$1,948 (+71.5%) |
| Studio | $4,320 | $2,725 | +$1,596 (+58.6%) |
| Studio | $4,597 | $2,725 | +$1,873 (+68.7%) |
| 1BR | $6,635 | $2,584 | +$4,051 (+156.8%) |
| 1BR | $7,035 | $2,584 | +$4,451 (+172.3%) |
| 1BR | $6,079 | $2,584 | +$3,495 (+135.3%) |
| 2BR | $8,635 | $3,050 | +$5,585 (+183.1%) |
| 2BR | $9,349 | $3,050 | +$6,299 (+206.5%) |
| 2BR | $8,595 | $3,050 | +$5,545 (+181.8%) |
| 3BR | $9,000 | $3,600 | +$5,400 (+150.0%) |
| 3BR | $1,938 | $3,600 | −$1,662 (-46.2%) |
| 4BR | $16,950 | $4,499 | +$12,451 (+276.8%) |
| 4BR | $1,313 | $4,499 | −$3,186 (-70.8%) |
| 4BR | $7,598 | $4,499 | +$3,099 (+68.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in April 2025.