Monthly Rent Report
Chelsea Rent Report — November 2022
Asking rents in ZIP 10011, New York City, from 174 listings.
Median 1BR rent in Chelsea was $6,575 in November 2022, up 11.4% (+$675) from October 2022. The middle half of 1BR listings asked between $6,463 and $6,688. That puts Chelsea $4,331 above the New York City citywide 1BR median of $2,244. The month's figures are based on 174 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | −$1,635 (-31.8%) | — | $3,150 – $3,850 | 53 |
| Studio | $3,500 | −$1,635 (-31.8%) | — | $3,496 – $3,650 | 6 |
| Studio | $4,695 | −$440 (-8.6%) | — | $4,695 – $4,695 | 1 |
| 1BR | $6,575 | +$675 (+11.4%) | — | $6,463 – $6,688 | 2 |
| 1BR | $6,500 | +$600 (+10.2%) | — | $6,500 – $6,500 | 1 |
| 1BR | $4,995 | −$905 (-15.3%) | — | $4,150 – $5,499 | 22 |
| 2BR | $7,468 | −$749 (-9.1%) | — | $7,174 – $7,468 | 5 |
| 2BR | $10,848 | +$2,630 (+32.0%) | — | $7,495 – $14,995 | 24 |
| 2BR | $10,850 | +$2,633 (+32.0%) | — | $7,525 – $14,175 | 2 |
| 3BR | $17,995 | +$11,345 (+170.6%) | — | $6,500 – $17,995 | 13 |
| 3BR | $8,908 | +$2,258 (+34.0%) | — | $6,750 – $15,000 | 29 |
| 3BR | $5,995 | −$655 (-9.8%) | — | $5,495 – $6,373 | 3 |
| 4BR | $7,995 | −$9,752 (-55.0%) | — | $7,500 – $7,995 | 5 |
| 4BR | $7,500 | −$10,247 (-57.7%) | — | $6,750 – $7,748 | 3 |
| 4BR | $7,995 | −$9,752 (-55.0%) | — | $7,995 – $7,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — November 2022
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $2,148 | +$1,352 (+62.9%) |
| Studio | $3,500 | $2,148 | +$1,352 (+62.9%) |
| Studio | $4,695 | $2,148 | +$2,547 (+118.6%) |
| 1BR | $6,575 | $2,244 | +$4,331 (+193.0%) |
| 1BR | $6,500 | $2,244 | +$4,256 (+189.7%) |
| 1BR | $4,995 | $2,244 | +$2,751 (+122.6%) |
| 2BR | $7,468 | $2,700 | +$4,768 (+176.6%) |
| 2BR | $10,848 | $2,700 | +$8,148 (+301.8%) |
| 2BR | $10,850 | $2,700 | +$8,150 (+301.9%) |
| 3BR | $17,995 | $3,200 | +$14,795 (+462.3%) |
| 3BR | $8,908 | $3,200 | +$5,708 (+178.4%) |
| 3BR | $5,995 | $3,200 | +$2,795 (+87.3%) |
| 4BR | $7,995 | $3,900 | +$4,095 (+105.0%) |
| 4BR | $7,500 | $3,900 | +$3,600 (+92.3%) |
| 4BR | $7,995 | $3,900 | +$4,095 (+105.0%) |
Citywide figure is the median of zip-level medians across 170 New York City zip codes with listings in November 2022.