Rental market trends in Chelsea, MA
Please reach out to press@rent.com for any media inquiries regarding this data.
Average Apartment Cost in Chelsea, MA
The average rent for apartments in Chelsea, MA, is between $2,394 and $3,096 in 2023. For a studio apartment in Chelsea, MA, the average rent is $2,394. When it comes to 1-bedroom apartments, the average rent in Chelsea, MA, is $2,517. For a 2-bedroom apartment, the average rent is $3,096.
Apartment Rent Ranges in Chelsea, MA
Apartment Prices Proportion | |||||
|---|---|---|---|---|---|
| $501-$700 | 0% | $701-$1,000 | 0% |
Neighborhood Apartment Rent Trends in Chelsea, MA
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Belingham Square | $2,200 | +10% |
| Prattville | $1,995 | +33% |
| Broadway | $1,895 | +10% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Belingham Square | $3,000 | +32% |
| Broadway | $2,450 | -2% |
| Prattville | $2,195 | +37% |
How Other Cities Compare to Chelsea, MA
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Boston | $3,216 | +5% |
| Cambridge | $2,698 | -6% |
| Jamaica Plain | $2,498 | +1% |
| Brookline | $2,325 | +27% |
| Somerville | $2,277 | +4% |
| Dorchester | $2,038 | -- |
| Chestnut Hill | $1,965 | -- |
| Allston | $1,950 | +8% |
| Roxbury | $1,900 | +1% |
| Brighton | $1,900 | +21% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Charlestown | $4,640 | +25% |
| Boston | $3,830 | -3% |
| Cambridge | $3,546 | +2% |
| Chestnut Hill | $3,371 | -- |
| Roxbury | $3,275 | +2% |
| Jamaica Plain | $2,975 | +28% |
| South Boston | $2,900 | -2% |
| Somerville | $2,730 | -6% |
| Brookline | $2,667 | +5% |
| Brighton | $2,446 | +9% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Charlestown | $6,709 | -5% |
| Boston | $4,807 | +1% |
| Roxbury | $4,600 | +62% |
| Chestnut Hill | $4,240 | -- |
| Portsmouth | $4,200 | -- |
| Cambridge | $4,192 | -3% |
| Brookline | $3,650 | +14% |
| South Boston | $3,525 | -3% |
| Somerville | $3,400 | +2% |
| Jamaica Plain | $3,330 | +13% |
Chelsea, MA Rent Trends
| Studio | 1 Bed | 2 Beds | |||||||||||||||
| Oct 2021 | Nov 2021 | Dec 2021 | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 |
| $1875 | $1875 | $1875 | $1875 | $1875 | $1675 | $1675 | $2232 | $2584 | $2481 | $2566 | $2508 | $2537 | $2492 | $2447 | $2402 | $2435 | $2395 |
| $2596 | $2596 | $2596 | $2596 | $2596 | $2596 | $2596 | $2596 | $2801 | $2688 | $2768 | $2711 | $2806 | $2250 | $2472 | $2491 | $2536 | $2658 |
| $2741 | $2741 | $2741 | $2741 | $2741 | $2741 | $2794 | $2875 | $3319 | $2580 | $3185 | $3598 | $3574 | $3209 | $3244 | $3085 | $3502 | $3101 |
| $2250 | $3259 | $2250 | $2250 | $2250 | $2700 | $2700 | $2700 | $2903 | $3106 | $3309 | $3512 | $3716 | $4414 | $4414 | $4231 | $4047 | $4056 |
