Median rent for residential apartments in Chelsea, MA as of Oct, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
65 Chelsea, MA 02150, USA apartments for rent
Chelsea
Chelsea, MA has a population of 39,272, while the median age is 33. The household income in Chelsea, MA is around $51,839. The homeownership rate among the residents is 26%. The median residential property value in Chelsea, MA that you should keep in mind is $308,300.
| Population | 39,272 |
| Median Age | 33.2 |
| Poverty Rate | 20% |
| Household Income | $51,839 |
| Number Of Employees | 20,135 |
| Median Property Value | $308,300 |
Housing Trends
How much is an apartment in Chelsea, MA 02150, USA
Average apartment rent in Chelsea: $4,320 (+18.1%)
| Rent Price | Oct | vs Last Month |
|---|---|---|
| Studio apartments | $1,450 | -1.7% |
| 1-bed apartments | $2,893 | +24.3% |
| 2-bed apartments | $2,525 | +0.6% |
| 3-bed apartments | $7,608 | +169.6% |
| 4+ bed apartments | $3,436 | -18% |
Over the Oct 2022, the average rent for an apartment in/near Chelsea, MA increased by 18.1% to $4,320.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 24.3% to $2,893. Pricing for 2-bed apartment also increased by 0.6% and a place of this size will now cost you $2,525. 3-bed apartment rent pricing starts at $7,608, it increased by 169.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 18% and made it down to $3,436.
| Rent Type Price | Oct | vs Last Month |
|---|---|---|
| Apartments for rent | $4,473 | +17.5% |
| Condos for rent | $2,215 | -16.4% |
| Houses for rent | $3,500 | N/A |
| Lofts for rent | $2,000 | N/A |
| Rooms for rent | $4,266 | +64.1% |
The median rent for an apartment in Chelsea, MA increased by 17.5% to $4,473. The median rent for a house is still $3,500 with no significant changes this month. Condos faced an upward trend these days. The median rent for a condo decreased by 16.4%, it’s now available for $2,215. The median rent for a loft did not face significant changes this time, it now still goes for $2,000. An average room will now go for $4,266, the median rent price for a room increased by 64.1%.