Monthly Rent Report
Chelsea Rent Report — January 2025
Asking rents in ZIP 10011, New York City, from 847 listings.
Median 1BR rent in Chelsea was $6,851 in January 2025, down 14.3% (−$1,144) from December 2024 and up 16.2% year-over-year. The middle half of 1BR listings asked between $5,757 and $7,420. That puts Chelsea $4,351 above the New York City citywide 1BR median of $2,500. The month's figures are based on 847 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,179 | −$371 (-8.2%) | +$979 (+30.6%) | $4,165 – $4,193 | 2 |
| Studio | $4,303 | −$247 (-5.4%) | +$1,103 (+34.5%) | $3,901 – $4,704 | 2 |
| Studio | $4,397 | −$153 (-3.4%) | +$1,197 (+37.4%) | $3,380 – $5,057 | 106 |
| 1BR | $6,851 | −$1,144 (-14.3%) | +$956 (+16.2%) | $5,757 – $7,420 | 10 |
| 1BR | $6,795 | −$1,200 (-15.0%) | +$900 (+15.3%) | $6,795 – $6,795 | 1 |
| 1BR | $5,642 | −$2,353 (-29.4%) | −$253 (-4.3%) | $5,310 – $6,012 | 520 |
| 2BR | $8,500 | −$650 (-7.1%) | +$1,500 (+21.4%) | $7,680 – $8,948 | 3 |
| 2BR | $8,706 | −$444 (-4.9%) | +$1,706 (+24.4%) | $7,496 – $9,131 | 158 |
| 2BR | $8,395 | −$755 (-8.3%) | +$1,395 (+19.9%) | $8,395 – $8,395 | 1 |
| 3BR | $6,723 | −$11,277 (-62.7%) | −$5,777 (-46.2%) | $5,911 – $7,934 | 4 |
| 3BR | $7,495 | −$10,505 (-58.4%) | −$5,005 (-40.0%) | $6,300 – $8,035 | 27 |
| 4BR | $8,995 | −$7,005 (-43.8%) | −$8,000 (-47.1%) | $8,995 – $9,063 | 3 |
| 4BR | $10,190 | −$5,810 (-36.3%) | −$6,805 (-40.0%) | $8,995 – $12,375 | 10 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — January 2025
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,179 | $2,525 | +$1,654 (+65.5%) |
| Studio | $4,303 | $2,525 | +$1,778 (+70.4%) |
| Studio | $4,397 | $2,525 | +$1,872 (+74.1%) |
| 1BR | $6,851 | $2,500 | +$4,351 (+174.0%) |
| 1BR | $6,795 | $2,500 | +$4,295 (+171.8%) |
| 1BR | $5,642 | $2,500 | +$3,142 (+125.7%) |
| 2BR | $8,500 | $2,900 | +$5,600 (+193.1%) |
| 2BR | $8,706 | $2,900 | +$5,806 (+200.2%) |
| 2BR | $8,395 | $2,900 | +$5,495 (+189.5%) |
| 3BR | $6,723 | $3,500 | +$3,223 (+92.1%) |
| 3BR | $7,495 | $3,500 | +$3,995 (+114.1%) |
| 4BR | $8,995 | $4,100 | +$4,895 (+119.4%) |
| 4BR | $10,190 | $4,100 | +$6,090 (+148.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.