Monthly Rent Report
Chelsea Rent Report — August 2022
Asking rents in ZIP 10011, New York City, from 624 listings.
Median 1BR rent in Chelsea was $5,600 in August 2022. The middle half of 1BR listings asked between $3,997 and $6,481. That puts Chelsea $3,250 above the New York City citywide 1BR median of $2,350. The month's figures are based on 624 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. Prior Month | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,750 | — | — | $3,275 – $4,225 | 76 |
| Studio | $3,893 | — | — | $3,847 – $3,940 | 2 |
| Studio | $3,850 | — | — | $3,490 – $4,316 | 14 |
| 1BR | $5,600 | — | — | $3,997 – $6,481 | 191 |
| 1BR | $6,495 | — | — | $6,495 – $6,495 | 1 |
| 1BR | $5,410 | — | — | $5,048 – $5,623 | 67 |
| 2BR | $9,000 | — | — | $5,574 – $11,900 | 38 |
| 2BR | $9,293 | — | — | $9,033 – $9,552 | 2 |
| 2BR | $7,901 | — | — | $5,825 – $9,500 | 130 |
| 3BR | $8,995 | — | — | $7,598 – $13,375 | 39 |
| 3BR | $8,000 | — | — | $8,000 – $8,000 | 1 |
| 3BR | $9,095 | — | — | $8,000 – $10,995 | 23 |
| 4BR | $16,500 | — | — | $8,625 – $16,500 | 14 |
| 4BR | $18,950 | — | — | $18,950 – $19,950 | 9 |
| 4BR | $16,500 | — | — | $8,395 – $16,500 | 9 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — August 2022
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,750 | $2,300 | +$1,450 (+63.0%) |
| Studio | $3,893 | $2,300 | +$1,593 (+69.3%) |
| Studio | $3,850 | $2,300 | +$1,550 (+67.4%) |
| 1BR | $5,600 | $2,350 | +$3,250 (+138.3%) |
| 1BR | $6,495 | $2,350 | +$4,145 (+176.4%) |
| 1BR | $5,410 | $2,350 | +$3,060 (+130.2%) |
| 2BR | $9,000 | $2,800 | +$6,200 (+221.4%) |
| 2BR | $9,293 | $2,800 | +$6,493 (+231.9%) |
| 2BR | $7,901 | $2,800 | +$5,101 (+182.2%) |
| 3BR | $8,995 | $3,350 | +$5,645 (+168.5%) |
| 3BR | $8,000 | $3,350 | +$4,650 (+138.8%) |
| 3BR | $9,095 | $3,350 | +$5,745 (+171.5%) |
| 4BR | $16,500 | $4,224 | +$12,276 (+290.6%) |
| 4BR | $18,950 | $4,224 | +$14,726 (+348.7%) |
| 4BR | $16,500 | $4,224 | +$12,276 (+290.6%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.