Monthly Rent Report
Chelsea Rent Report — August 2025
Asking rents in ZIP 10011, New York City, from 1,074 listings.
Median 1BR rent in Chelsea was $5,950 in August 2025, up 29.3% (+$1,350) from July 2025 and down 20.1% year-over-year. The middle half of 1BR listings asked between $5,296 and $6,475. That puts Chelsea $3,250 above the New York City citywide 1BR median of $2,700. The month's figures are based on 1,074 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2025 | Vs. August 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,766 | +$466 (+10.8%) | +$127 (+2.7%) | $4,478 – $5,623 | 11 |
| Studio | $5,018 | +$718 (+16.7%) | +$378 (+8.1%) | $4,976 – $5,059 | 2 |
| Studio | $4,467 | +$167 (+3.9%) | −$172 (-3.7%) | $3,984 – $5,095 | 268 |
| 1BR | $5,950 | +$1,350 (+29.3%) | −$1,500 (-20.1%) | $5,296 – $6,475 | 478 |
| 1BR | $7,100 | +$2,500 (+54.3%) | −$350 (-4.7%) | $6,649 – $7,345 | 12 |
| 1BR | $6,898 | +$2,298 (+49.9%) | −$552 (-7.4%) | $6,621 – $6,925 | 4 |
| 2BR | $6,575 | −$2,126 (-24.4%) | −$2,239 (-25.4%) | $5,700 – $8,800 | 201 |
| 2BR | $8,595 | −$106 (-1.2%) | −$219 (-2.5%) | $8,075 – $9,115 | 2 |
| 3BR | $7,869 | −$381 (-4.6%) | −$1,328 (-14.4%) | $7,300 – $11,000 | 65 |
| 3BR | $8,248 | −$2 (-0.0%) | −$950 (-10.3%) | $7,699 – $8,500 | 6 |
| 4BR | $13,500 | +$4,500 (+50.0%) | +$4,505 (+50.1%) | $9,698 – $13,725 | 11 |
| 4BR | $13,500 | +$4,500 (+50.0%) | +$4,505 (+50.1%) | $9,846 – $13,613 | 12 |
Median, P25, and P75 are asking rents from listings posted in August 2025. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — August 2025
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,766 | $2,800 | +$1,966 (+70.2%) |
| Studio | $5,018 | $2,800 | +$2,218 (+79.2%) |
| Studio | $4,467 | $2,800 | +$1,667 (+59.5%) |
| 1BR | $5,950 | $2,700 | +$3,250 (+120.4%) |
| 1BR | $7,100 | $2,700 | +$4,400 (+163.0%) |
| 1BR | $6,898 | $2,700 | +$4,198 (+155.5%) |
| 2BR | $6,575 | $3,200 | +$3,375 (+105.5%) |
| 2BR | $8,595 | $3,200 | +$5,395 (+168.6%) |
| 3BR | $7,869 | $3,763 | +$4,107 (+109.1%) |
| 3BR | $8,248 | $3,763 | +$4,485 (+119.2%) |
| 4BR | $13,500 | $4,600 | +$8,900 (+193.5%) |
| 4BR | $13,500 | $4,600 | +$8,900 (+193.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2025.