Monthly Rent Report
Chelsea Rent Report — January 2023
Asking rents in ZIP 10011, New York City, from 612 listings.
Median 1BR rent in Chelsea was $4,850 in January 2023, down 10.2% (−$550) from December 2022. The middle half of 1BR listings asked between $4,450 and $5,592. That puts Chelsea $2,561 above the New York City citywide 1BR median of $2,289. The month's figures are based on 612 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,995 | +$2,498 (+71.4%) | — | $5,995 – $5,995 | 1 |
| Studio | $3,500 | +$3 (+0.1%) | — | $3,238 – $3,944 | 52 |
| Studio | $3,700 | +$203 (+5.8%) | — | $3,250 – $4,065 | 69 |
| 1BR | $4,850 | −$550 (-10.2%) | — | $4,450 – $5,592 | 114 |
| 1BR | $5,652 | +$252 (+4.7%) | — | $5,652 – $5,652 | 1 |
| 1BR | $5,279 | −$121 (-2.2%) | — | $3,945 – $5,816 | 127 |
| 2BR | $7,799 | −$1,196 (-13.3%) | — | $7,507 – $8,090 | 2 |
| 2BR | $7,578 | −$1,417 (-15.8%) | — | $5,500 – $8,104 | 77 |
| 2BR | $7,697 | −$1,298 (-14.4%) | — | $5,871 – $11,059 | 84 |
| 3BR | $11,375 | +$4,075 (+55.8%) | — | $6,668 – $17,375 | 26 |
| 3BR | $15,000 | +$7,700 (+105.5%) | — | $7,250 – $17,000 | 27 |
| 3BR | $4,695 | −$2,605 (-35.7%) | — | $4,695 – $4,695 | 1 |
| 4BR | $18,000 | +$7,000 (+63.6%) | — | $18,000 – $18,000 | 1 |
| 4BR | $9,725 | −$1,275 (-11.6%) | — | $8,046 – $11,438 | 6 |
| 4BR | $18,000 | +$7,000 (+63.6%) | — | $8,098 – $18,000 | 15 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — January 2023
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,995 | $2,197 | +$3,798 (+172.9%) |
| Studio | $3,500 | $2,197 | +$1,303 (+59.3%) |
| Studio | $3,700 | $2,197 | +$1,503 (+68.4%) |
| 1BR | $4,850 | $2,289 | +$2,561 (+111.9%) |
| 1BR | $5,652 | $2,289 | +$3,363 (+146.9%) |
| 1BR | $5,279 | $2,289 | +$2,990 (+130.6%) |
| 2BR | $7,799 | $2,700 | +$5,099 (+188.8%) |
| 2BR | $7,578 | $2,700 | +$4,878 (+180.7%) |
| 2BR | $7,697 | $2,700 | +$4,997 (+185.1%) |
| 3BR | $11,375 | $3,200 | +$8,175 (+255.5%) |
| 3BR | $15,000 | $3,200 | +$11,800 (+368.8%) |
| 3BR | $4,695 | $3,200 | +$1,495 (+46.7%) |
| 4BR | $18,000 | $3,861 | +$14,139 (+366.2%) |
| 4BR | $9,725 | $3,861 | +$5,864 (+151.9%) |
| 4BR | $18,000 | $3,861 | +$14,139 (+366.2%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.