DUO
180 Central Ave,
Chelsea, MA 02150
Studio - 2 Beds | $2,338 - $4,094
Rental Market Trends in Chelsea, MA
What is the average rent in Chelsea, MA?
$2,525/month
Average Rent
716 Sq Ft
Average Apartment Size
-0.6%
Decrease in the Last Year
As of April 2025, the average rent in Chelsea, MA is $2,525 per month. This is 60% higher than the national average rent price of $1,577/month, making Chelsea one of the most expensive cities in the US. When you rent an apartment in Chelsea, you can expect to pay about $2,292 per month for a studio, $2,525 for a one-bedroom apartment, and around $2,978 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,186 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Chelsea, MA?
In the past year, rent has decreased by 0.6%, which averages out to $14 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Chelsea, MA
Last Updated April 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
5%
$1,001 - $1,500/month
11%
$1,501 - $2,000/month
84%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Chelsea?
Based on current rent prices, Prattville, Lower Broadway and Broadway are the most affordable neighborhoods in Chelsea.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Chelsea?
Based on current rent prices, Admirals Hill, Belingham Square and Addison-Orange are the most expensive neighborhoods in Chelsea.
Neighborhood
Average Rent
Average Sq Ft
Which Chelsea neighborhoods have the most rentals available?
The neighborhoods in Chelsea with the most apartments available are Broadway, Addison-Orange and Belingham Square .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Chelsea, MA?
Because the average rent in Chelsea is $2,525, you’ll want to make about $8,416 per month or $100,992 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Chelsea, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Chelsea, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$2,232/month
One Bedroom
$2,132/month
$2,654/month
Two Bedroom
$1,165/month
$2,944/month
Three Bedroom
-
$3,699/month
Nearby City Rent Trends
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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.
* Percentages may not total 100 due to rounding.