Monthly Rent Report
Chelsea Rent Report — July 2025
Asking rents in ZIP 10001, New York City, from 73 listings.
Median 1BR rent in Chelsea was $5,000 in July 2025, down 24.0% (−$1,583) from June 2025 and down 10.8% year-over-year. The middle half of 1BR listings asked between $4,400 and $6,131. That puts Chelsea $2,407 above the New York City citywide 1BR median of $2,594. The month's figures are based on 73 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2025 | Vs. July 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,350 | −$1,410 (-29.6%) | −$1,155 (-25.6%) | $3,200 – $3,795 | 13 |
| Studio | $4,979 | +$219 (+4.6%) | +$474 (+10.5%) | $4,769 – $5,020 | 5 |
| 1BR | $5,000 | −$1,583 (-24.0%) | −$602 (-10.8%) | $4,400 – $6,131 | 21 |
| 1BR | $6,322 | −$261 (-4.0%) | +$720 (+12.8%) | $5,912 – $6,713 | 7 |
| 2BR | $8,518 | +$3,218 (+60.7%) | +$163 (+2.0%) | $8,518 – $8,518 | 1 |
| 2BR | $4,895 | −$405 (-7.6%) | −$3,460 (-41.4%) | $4,750 – $5,544 | 8 |
| 3BR | $9,875 | −$4,122 (-29.5%) | +$3,375 (+51.9%) | $9,875 – $9,875 | 1 |
| 3BR | $12,495 | −$1,502 (-10.7%) | +$5,995 (+92.2%) | $8,495 – $16,000 | 9 |
| 4BR | $10,147 | +$552 (+5.8%) | +$1,652 (+19.4%) | $9,223 – $11,071 | 2 |
| 4BR | $8,299 | −$1,296 (-13.5%) | −$196 (-2.3%) | $8,299 – $8,299 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2025. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — July 2025
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,350 | $2,684 | +$666 (+24.8%) |
| Studio | $4,979 | $2,684 | +$2,295 (+85.5%) |
| 1BR | $5,000 | $2,594 | +$2,407 (+92.8%) |
| 1BR | $6,322 | $2,594 | +$3,729 (+143.8%) |
| 2BR | $8,518 | $3,100 | +$5,418 (+174.8%) |
| 2BR | $4,895 | $3,100 | +$1,795 (+57.9%) |
| 3BR | $9,875 | $3,777 | +$6,098 (+161.5%) |
| 3BR | $12,495 | $3,777 | +$8,718 (+230.8%) |
| 4BR | $10,147 | $4,375 | +$5,772 (+131.9%) |
| 4BR | $8,299 | $4,375 | +$3,924 (+89.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2025.