21 Chelsea
120 W 21st St,
New York, NY 10011
$4,692 - $6,177 | Studio - 5 Beds
Chelsea
New York, NY
Chelsea - New York, NY
Area Guide
Welcome to Manhattan's artistic side
Trendy
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Art
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Fashion
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Museums
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Galleries
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Welcome to Chelsea, the art district of Manhattan. Home to more than 200 art galleries, Chelsea is one of the city’s trendiest neighborhoods, complete with museums, waterfront views, and historic brownstones dating back to the early 1800s.
What’s it like to live in Chelsea? This neighborhood is loved by residents for its walkability and multitude of entertainment options. Chelsea is located along the Hudson River in Midtown Manhattan, with Lower Manhattan to the south and Hell’s Kitchen to the north. The neighborhood is home to the Fashion Institute of Technology, the Rubin Museum of Art, the Manhattan Mall, and Penn Station. It extends from 14th Street north to 34th Street, and from the river east to 6th Avenue.
Built in the 1890s, Chelsea Market is listed on the National Register of Historic Places and is one of the neighborhood’s most-loved destinations. This giant shopping and dining destination covers an entire city block and is home to boutiques, restaurants, and offices. Several broadcasting companies have offices and studios here, including Oxygen, Food Network, and even Google... Renters should know that such a desirable neighborhood comes with a slightly larger price tag than other locations. How much does it really cost to live in Chelsea? With an average monthly rent of $4,840, this neighborhood’s cost of living is almost 70% higher than the New York state average. However, for all that the area offers, the price may be worth it depending on what renters are looking for in a place to call home.
Explore the Neighborhood
View of 14th Street in Chelsea
View of Chelsea from the NYC Highline
Little Island Park on the Hudson River
Rent Trends
As of March 2025, the average apartment rent in Chelsea is $3,712 for a studio, $5,083 for one bedroom, $6,983 for two bedrooms, and $8,920 for three bedrooms. Apartment rent in Chelsea has increased by 2.9% in the past year.
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Studio
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443 sq ft
Average Sq Ft
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$3,712/month
Average Rent
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1 BR
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573 sq ft
Average Sq Ft
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$5,083/month
Average Rent
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2 BR
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805 sq ft
Average Sq Ft
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$6,983/month
Average Rent
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3 BR
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1,264 sq ft
Average Sq Ft
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$8,920/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- Chelsea Park
- Chelsea Recreation Center
- The High Line
- Madison Square Park
- Bryant Park
Military Bases
Airports
- Laguardia
- Newark Liberty International
Top Apartments in Chelsea
Property Management Companies
Greystar
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3,220
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893,527
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698
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AMC
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648
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127,069
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257
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RPM
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620
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163,328
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235
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FPI Management
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614
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Cushman & Wakefield
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546
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125,797
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278
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Living in Chelsea
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.