Monthly Rent Report
Chelsea Rent Report — February 2026
Asking rents in ZIP 10011, New York City, from 14 listings.
Median 1BR rent in Chelsea was $7,695 in February 2026, up 10.7% (+$745) from January 2026 and up 32.3% year-over-year. The middle half of 1BR listings asked between $7,010 and $8,118. That puts Chelsea $4,795 above the New York City citywide 1BR median of $2,900. The month's figures are based on 14 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2026 | Vs. February 2025 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,250 | −$205 (-3.8%) | −$619 (-10.5%) | $5,025 – $6,449 | 3 |
| 1BR | $7,695 | +$745 (+10.7%) | +$1,877 (+32.3%) | $7,010 – $8,118 | 3 |
| 2BR | $10,164 | +$3,064 (+43.2%) | +$1,669 (+19.6%) | $10,164 – $10,164 | 1 |
| 3BR | $7,745 | −$1,055 (-12.0%) | +$545 (+7.6%) | $6,561 – $8,370 | 6 |
| 4BR | $8,500 | −$2,498 (-22.7%) | −$8,000 (-48.5%) | $8,500 – $8,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2026. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — February 2026
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,250 | $2,700 | +$2,550 (+94.4%) |
| 1BR | $7,695 | $2,900 | +$4,795 (+165.3%) |
| 2BR | $10,164 | $3,393 | +$6,772 (+199.6%) |
| 3BR | $7,745 | $3,739 | +$4,007 (+107.2%) |
| 4BR | $8,500 | $4,500 | +$4,000 (+88.9%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in February 2026.