Monthly Rent Report
Chelsea Rent Report — June 2025
Asking rents in ZIP 10011, New York City, from 56 listings.
Median 1BR rent in Chelsea was $5,500 in June 2025, down 20.9% (−$1,450) from May 2025 and down 3.2% year-over-year. The middle half of 1BR listings asked between $4,575 and $12,995. That puts Chelsea $2,900 above the New York City citywide 1BR median of $2,600. The month's figures are based on 56 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2025 | Vs. June 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,092 | +$766 (+17.7%) | +$1,197 (+30.7%) | $4,942 – $5,267 | 4 |
| Studio | $4,750 | +$424 (+9.8%) | +$855 (+22.0%) | $4,750 – $4,750 | 3 |
| Studio | $3,495 | −$831 (-19.2%) | −$400 (-10.3%) | $3,473 – $3,598 | 3 |
| 1BR | $5,500 | −$1,450 (-20.9%) | −$184 (-3.2%) | $4,575 – $12,995 | 11 |
| 1BR | $7,285 | +$335 (+4.8%) | +$1,601 (+28.2%) | $6,950 – $7,450 | 5 |
| 2BR | $9,945 | +$150 (+1.5%) | +$1,624 (+19.5%) | $9,892 – $9,997 | 2 |
| 2BR | $13,475 | +$3,680 (+37.6%) | +$5,154 (+61.9%) | $7,938 – $15,121 | 12 |
| 3BR | $9,373 | −$2,627 (-21.9%) | −$3,627 (-27.9%) | $8,559 – $17,300 | 14 |
| 4BR | $9,995 | $0 (0.0%) | −$5,000 (-33.3%) | $9,995 – $9,995 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2025. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — June 2025
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,092 | $2,697 | +$2,395 (+88.8%) |
| Studio | $4,750 | $2,697 | +$2,053 (+76.1%) |
| Studio | $3,495 | $2,697 | +$798 (+29.6%) |
| 1BR | $5,500 | $2,600 | +$2,900 (+111.5%) |
| 1BR | $7,285 | $2,600 | +$4,685 (+180.2%) |
| 2BR | $9,945 | $3,225 | +$6,720 (+208.4%) |
| 2BR | $13,475 | $3,225 | +$10,250 (+317.8%) |
| 3BR | $9,373 | $3,760 | +$5,613 (+149.3%) |
| 4BR | $9,995 | $4,600 | +$5,395 (+117.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2025.