Monthly Rent Report
Chelsea Rent Report — March 2026
Asking rents in ZIP 10011, New York City, from 5 listings.
Median 1BR rent in Chelsea was $7,570 in March 2026, down 1.6% (−$125) from February 2026 and up 8.9% year-over-year. The middle half of 1BR listings asked between $7,458 and $7,683. That puts Chelsea $4,045 above the New York City citywide 1BR median of $3,525. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2026 | Vs. March 2025 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,553 | +$303 (+5.8%) | +$878 (+18.8%) | $5,506 – $5,599 | 2 |
| 1BR | $7,570 | −$125 (-1.6%) | +$620 (+8.9%) | $7,458 – $7,683 | 2 |
| 2BR | $8,390 | −$1,774 (-17.5%) | −$514 (-5.8%) | $8,390 – $8,390 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2026. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — March 2026
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,553 | $3,735 | +$1,818 (+48.7%) |
| 1BR | $7,570 | $3,525 | +$4,045 (+114.8%) |
| 2BR | $8,390 | $5,148 | +$3,243 (+63.0%) |
Citywide figure is the median of zip-level medians across 85 New York City zip codes with listings in March 2026.