Monthly Rent Report
Chelsea Rent Report — September 2025
Asking rents in ZIP 10011, New York City, from 734 listings.
Median 1BR rent in Chelsea was $5,928 in September 2025, down 0.4% (−$22) from August 2025 and down 15.3% year-over-year. The middle half of 1BR listings asked between $5,500 and $6,250. That puts Chelsea $3,146 above the New York City citywide 1BR median of $2,782. The month's figures are based on 734 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2025 | Vs. September 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,467 | $0 (0.0%) | −$233 (-5.0%) | $3,995 – $5,095 | 150 |
| Studio | $4,935 | +$468 (+10.5%) | +$235 (+5.0%) | $4,575 – $5,500 | 11 |
| Studio | $4,995 | +$528 (+11.8%) | +$295 (+6.3%) | $4,895 – $5,010 | 3 |
| 1BR | $5,928 | −$22 (-0.4%) | −$1,069 (-15.3%) | $5,500 – $6,250 | 358 |
| 1BR | $6,698 | +$748 (+12.6%) | −$300 (-4.3%) | $6,649 – $6,746 | 2 |
| 1BR | $7,200 | +$1,250 (+21.0%) | +$203 (+2.9%) | $6,933 – $8,558 | 15 |
| 2BR | $8,085 | +$1,510 (+23.0%) | −$1,202 (-12.9%) | $7,799 – $9,100 | 6 |
| 2BR | $6,498 | −$77 (-1.2%) | −$2,790 (-30.0%) | $6,000 – $8,221 | 4 |
| 2BR | $7,100 | +$525 (+8.0%) | −$2,187 (-23.6%) | $5,800 – $9,143 | 124 |
| 3BR | $7,932 | +$63 (+0.8%) | −$1,568 (-16.5%) | $7,284 – $9,063 | 28 |
| 3BR | $7,995 | +$126 (+1.6%) | −$1,505 (-15.8%) | $7,284 – $9,063 | 28 |
| 4BR | $13,000 | −$500 (-3.7%) | −$1,995 (-13.3%) | $13,000 – $13,000 | 1 |
| 4BR | $9,200 | −$4,300 (-31.9%) | −$5,795 (-38.6%) | $9,200 – $11,350 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2025. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — September 2025
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,467 | $2,825 | +$1,642 (+58.1%) |
| Studio | $4,935 | $2,825 | +$2,110 (+74.7%) |
| Studio | $4,995 | $2,825 | +$2,170 (+76.8%) |
| 1BR | $5,928 | $2,782 | +$3,146 (+113.1%) |
| 1BR | $6,698 | $2,782 | +$3,915 (+140.7%) |
| 1BR | $7,200 | $2,782 | +$4,418 (+158.8%) |
| 2BR | $8,085 | $3,300 | +$4,785 (+145.0%) |
| 2BR | $6,498 | $3,300 | +$3,198 (+96.9%) |
| 2BR | $7,100 | $3,300 | +$3,800 (+115.2%) |
| 3BR | $7,932 | $3,794 | +$4,138 (+109.1%) |
| 3BR | $7,995 | $3,794 | +$4,201 (+110.7%) |
| 4BR | $13,000 | $4,800 | +$8,200 (+170.8%) |
| 4BR | $9,200 | $4,800 | +$4,400 (+91.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2025.