Monthly Rent Report
Chelsea Rent Report — October 2022
Asking rents in ZIP 10011, New York City, from 268 listings.
Median 1BR rent in Chelsea was $7,150 in October 2022, up 58.9% (+$2,650) from September 2022. The middle half of 1BR listings asked between $7,150 and $7,150. That puts Chelsea $4,895 above the New York City citywide 1BR median of $2,255. The month's figures are based on 268 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,135 | +$165 (+3.3%) | — | $4,753 – $5,305 | 4 |
| Studio | $3,500 | −$1,470 (-29.6%) | — | $3,256 – $4,000 | 42 |
| Studio | $3,625 | −$1,345 (-27.1%) | — | $3,625 – $3,625 | 5 |
| 1BR | $7,150 | +$2,650 (+58.9%) | — | $7,150 – $7,150 | 1 |
| 1BR | $5,900 | +$1,400 (+31.1%) | — | $5,675 – $6,050 | 4 |
| 1BR | $5,500 | +$1,000 (+22.2%) | — | $4,800 – $6,426 | 71 |
| 2BR | $12,225 | +$6,330 (+107.4%) | — | $7,200 – $13,875 | 20 |
| 2BR | $8,532 | +$2,637 (+44.7%) | — | $8,532 – $8,532 | 1 |
| 2BR | $8,218 | +$2,323 (+39.4%) | — | $5,924 – $10,961 | 54 |
| 3BR | $15,850 | +$8,150 (+105.8%) | — | $15,750 – $15,950 | 10 |
| 3BR | $12,223 | +$4,523 (+58.7%) | — | $8,371 – $17,500 | 16 |
| 3BR | $6,650 | −$1,050 (-13.6%) | — | $6,175 – $12,825 | 3 |
| 4BR | $15,995 | +$6,955 (+76.9%) | — | $8,950 – $18,500 | 17 |
| 4BR | $14,995 | +$5,955 (+65.9%) | — | $11,350 – $17,500 | 11 |
| 4BR | $17,748 | +$8,707 (+96.3%) | — | $10,961 – $18,838 | 6 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — October 2022
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,135 | $2,283 | +$2,853 (+125.0%) |
| Studio | $3,500 | $2,283 | +$1,218 (+53.3%) |
| Studio | $3,625 | $2,283 | +$1,343 (+58.8%) |
| 1BR | $7,150 | $2,255 | +$4,895 (+217.1%) |
| 1BR | $5,900 | $2,255 | +$3,645 (+161.6%) |
| 1BR | $5,500 | $2,255 | +$3,245 (+143.9%) |
| 2BR | $12,225 | $2,700 | +$9,525 (+352.8%) |
| 2BR | $8,532 | $2,700 | +$5,832 (+216.0%) |
| 2BR | $8,218 | $2,700 | +$5,518 (+204.4%) |
| 3BR | $15,850 | $3,200 | +$12,650 (+395.3%) |
| 3BR | $12,223 | $3,200 | +$9,023 (+282.0%) |
| 3BR | $6,650 | $3,200 | +$3,450 (+107.8%) |
| 4BR | $15,995 | $3,999 | +$11,996 (+300.0%) |
| 4BR | $14,995 | $3,999 | +$10,996 (+275.0%) |
| 4BR | $17,748 | $3,999 | +$13,749 (+343.8%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.