Monthly Rent Report
Chelsea Rent Report — April 2025
Asking rents in ZIP 10011, New York City, from 986 listings.
Median 1BR rent in Chelsea was $8,695 in April 2025, up 33.9% (+$2,200) from March 2025 and up 70.6% year-over-year. The middle half of 1BR listings asked between $8,595 and $8,795. That puts Chelsea $6,111 above the New York City citywide 1BR median of $2,584. The month's figures are based on 986 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2025 | Vs. April 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,645 | +$971 (+20.8%) | +$1,945 (+52.6%) | $5,520 – $5,695 | 4 |
| Studio | $4,587 | −$87 (-1.9%) | +$887 (+24.0%) | $3,773 – $5,024 | 112 |
| Studio | $5,445 | +$771 (+16.5%) | +$1,745 (+47.2%) | $5,370 – $5,520 | 2 |
| 1BR | $8,695 | +$2,200 (+33.9%) | +$3,599 (+70.6%) | $8,595 – $8,795 | 2 |
| 1BR | $7,013 | +$518 (+8.0%) | +$1,916 (+37.6%) | $6,369 – $7,793 | 8 |
| 1BR | $6,042 | −$453 (-7.0%) | +$946 (+18.6%) | $5,692 – $6,152 | 639 |
| 2BR | $8,904 | $0 (0.0%) | +$4,059 (+83.8%) | $7,246 – $9,456 | 154 |
| 2BR | $9,865 | +$961 (+10.8%) | +$5,020 (+103.6%) | $8,183 – $11,683 | 3 |
| 2BR | $9,748 | +$844 (+9.5%) | +$4,903 (+101.2%) | $9,724 – $9,771 | 2 |
| 3BR | $12,000 | +$4,005 (+50.1%) | +$6,505 (+118.4%) | $12,000 – $12,000 | 1 |
| 3BR | $15,950 | +$7,955 (+99.5%) | +$10,455 (+190.3%) | $15,950 – $15,950 | 1 |
| 3BR | $9,495 | +$1,500 (+18.8%) | +$4,000 (+72.8%) | $7,500 – $12,000 | 50 |
| 4BR | $13,000 | +$3,355 (+34.8%) | +$3,500 (+36.8%) | $11,065 – $14,750 | 3 |
| 4BR | $8,495 | −$1,150 (-11.9%) | −$1,005 (-10.6%) | $8,495 – $8,495 | 1 |
| 4BR | $8,495 | −$1,150 (-11.9%) | −$1,005 (-10.6%) | $8,495 – $8,495 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2025. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — April 2025
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,645 | $2,725 | +$2,921 (+107.2%) |
| Studio | $4,587 | $2,725 | +$1,863 (+68.4%) |
| Studio | $5,445 | $2,725 | +$2,721 (+99.9%) |
| 1BR | $8,695 | $2,584 | +$6,111 (+236.5%) |
| 1BR | $7,013 | $2,584 | +$4,429 (+171.4%) |
| 1BR | $6,042 | $2,584 | +$3,458 (+133.8%) |
| 2BR | $8,904 | $3,050 | +$5,854 (+191.9%) |
| 2BR | $9,865 | $3,050 | +$6,815 (+223.4%) |
| 2BR | $9,748 | $3,050 | +$6,698 (+219.6%) |
| 3BR | $12,000 | $3,600 | +$8,400 (+233.3%) |
| 3BR | $15,950 | $3,600 | +$12,350 (+343.1%) |
| 3BR | $9,495 | $3,600 | +$5,895 (+163.8%) |
| 4BR | $13,000 | $4,499 | +$8,501 (+189.0%) |
| 4BR | $8,495 | $4,499 | +$3,996 (+88.8%) |
| 4BR | $8,495 | $4,499 | +$3,996 (+88.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in April 2025.