Monthly Rent Report
Chelsea Rent Report — August 2025
Asking rents in ZIP 10001, New York City, from 1,843 listings.
Median 1BR rent in Chelsea was $5,678 in August 2025, up 13.6% (+$678) from July 2025 and down 0.6% year-over-year. The middle half of 1BR listings asked between $5,000 and $6,195. That puts Chelsea $2,978 above the New York City citywide 1BR median of $2,700. The month's figures are based on 1,843 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2025 | Vs. August 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,090 | +$111 (+2.2%) | −$22 (-0.4%) | $4,854 – $5,295 | 21 |
| Studio | $4,302 | −$677 (-13.6%) | −$810 (-15.8%) | $4,050 – $4,690 | 407 |
| Studio | $5,226 | +$247 (+5.0%) | +$114 (+2.2%) | $4,894 – $5,427 | 5 |
| 1BR | $5,678 | +$678 (+13.6%) | −$35 (-0.6%) | $5,000 – $6,195 | 925 |
| 1BR | $6,136 | +$1,136 (+22.7%) | +$423 (+7.4%) | $6,113 – $6,799 | 5 |
| 1BR | $6,789 | +$1,789 (+35.8%) | +$1,076 (+18.8%) | $6,780 – $6,927 | 12 |
| 2BR | $10,558 | +$5,663 (+115.7%) | +$3,264 (+44.7%) | $10,558 – $10,558 | 1 |
| 2BR | $5,250 | +$355 (+7.3%) | −$2,044 (-28.0%) | $5,250 – $7,909 | 6 |
| 2BR | $7,610 | +$2,715 (+55.5%) | +$316 (+4.3%) | $6,100 – $8,958 | 401 |
| 3BR | $7,995 | −$4,500 (-36.0%) | −$2,439 (-23.4%) | $6,500 – $8,800 | 37 |
| 3BR | $11,889 | −$606 (-4.8%) | +$1,455 (+13.9%) | $11,889 – $11,889 | 1 |
| 4BR | $11,000 | +$853 (+8.4%) | +$1,203 (+12.3%) | $8,995 – $12,995 | 9 |
| 4BR | $11,000 | +$853 (+8.4%) | +$1,203 (+12.3%) | $8,995 – $12,995 | 9 |
Median, P25, and P75 are asking rents from listings posted in August 2025. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — August 2025
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,090 | $2,800 | +$2,290 (+81.8%) |
| Studio | $4,302 | $2,800 | +$1,502 (+53.6%) |
| Studio | $5,226 | $2,800 | +$2,426 (+86.6%) |
| 1BR | $5,678 | $2,700 | +$2,978 (+110.3%) |
| 1BR | $6,136 | $2,700 | +$3,436 (+127.3%) |
| 1BR | $6,789 | $2,700 | +$4,089 (+151.4%) |
| 2BR | $10,558 | $3,200 | +$7,358 (+229.9%) |
| 2BR | $5,250 | $3,200 | +$2,050 (+64.1%) |
| 2BR | $7,610 | $3,200 | +$4,410 (+137.8%) |
| 3BR | $7,995 | $3,763 | +$4,233 (+112.5%) |
| 3BR | $11,889 | $3,763 | +$8,127 (+216.0%) |
| 4BR | $11,000 | $4,600 | +$6,400 (+139.1%) |
| 4BR | $11,000 | $4,600 | +$6,400 (+139.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2025.