Monthly Rent Report
Chelsea Rent Report — July 2025
Asking rents in ZIP 10011, New York City, from 242 listings.
Median 1BR rent in Chelsea was $4,600 in July 2025, down 16.4% (−$900) from June 2025 and down 19.8% year-over-year. The middle half of 1BR listings asked between $4,600 and $4,600. That puts Chelsea $2,007 above the New York City citywide 1BR median of $2,594. The month's figures are based on 242 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2025 | Vs. July 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,000 | −$750 (-15.8%) | −$1,145 (-22.3%) | $3,350 – $4,300 | 41 |
| Studio | $4,300 | −$450 (-9.5%) | −$845 (-16.4%) | $4,300 – $4,300 | 1 |
| Studio | $6,445 | +$1,695 (+35.7%) | +$1,300 (+25.3%) | $6,445 – $6,445 | 1 |
| 1BR | $4,600 | −$900 (-16.4%) | −$1,133 (-19.8%) | $4,600 – $4,600 | 1 |
| 1BR | $5,886 | +$386 (+7.0%) | +$153 (+2.7%) | $5,543 – $6,067 | 18 |
| 1BR | $4,998 | −$502 (-9.1%) | −$735 (-12.8%) | $4,388 – $6,236 | 76 |
| 2BR | $6,997 | −$2,947 (-29.6%) | −$998 (-12.5%) | $6,400 – $11,750 | 78 |
| 2BR | $8,701 | −$1,243 (-12.5%) | +$706 (+8.8%) | $8,701 – $8,701 | 1 |
| 3BR | $8,250 | −$1,122 (-12.0%) | −$200 (-2.4%) | $8,250 – $8,250 | 1 |
| 3BR | $8,500 | −$872 (-9.3%) | +$50 (+0.6%) | $7,995 – $13,248 | 15 |
| 4BR | $9,000 | −$995 (-10.0%) | −$7,500 (-45.5%) | $9,000 – $9,000 | 1 |
| 4BR | $9,995 | $0 (0.0%) | −$6,505 (-39.4%) | $9,995 – $10,370 | 6 |
Median, P25, and P75 are asking rents from listings posted in July 2025. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — July 2025
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,000 | $2,684 | +$1,316 (+49.0%) |
| Studio | $4,300 | $2,684 | +$1,616 (+60.2%) |
| Studio | $6,445 | $2,684 | +$3,761 (+140.1%) |
| 1BR | $4,600 | $2,594 | +$2,007 (+77.4%) |
| 1BR | $5,886 | $2,594 | +$3,293 (+127.0%) |
| 1BR | $4,998 | $2,594 | +$2,404 (+92.7%) |
| 2BR | $6,997 | $3,100 | +$3,897 (+125.7%) |
| 2BR | $8,701 | $3,100 | +$5,601 (+180.7%) |
| 3BR | $8,250 | $3,777 | +$4,473 (+118.4%) |
| 3BR | $8,500 | $3,777 | +$4,723 (+125.0%) |
| 4BR | $9,000 | $4,375 | +$4,625 (+105.7%) |
| 4BR | $9,995 | $4,375 | +$5,620 (+128.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2025.