One North of Boston
100 Heard St,
Chelsea, MA 02150
Studio - 3 Beds | $2,308 - $4,258
Rental Market Trends in Chelsea, MA
Updated September 2026
The average rent in Chelsea, MA is $2,539/month.
Rent in Chelsea is 52% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.
$2,539/month
Average Rent
708 Sq Ft
Average Size
+5.7%
Change / Year
697
Available Apartments
Chelsea rent varies by unit size and layout:
- Studio apartments in Chelsea average $2,284 per month.
- One-bedroom apartments in Chelsea average $2,539 per month.
- Two-bedroom apartments in Chelsea average $2,941 per month.
- Three-bedroom apartments in Chelsea average $3,205 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Chelsea, MA?
In the past year, rent has increased by 5.7%, which averages out to $145 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Chelsea, MA
September 2026
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
What are the most affordable neighborhoods in Chelsea?
Based on current rent prices, Lower Broadway, Belingham Square and Admirals Hill 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, Addison-Orange, Broadway and Admirals Hill 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 $2,539, you’ll want to make about $8,463 per month or $101,556 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.
View the Chelsea Area GuideStudio
-
$2,344/month
One Bedroom
-
$2,597/month
Two Bedroom
-
$3,396/month
Three Bedroom
-
$4,172/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Everett
Avg Rent: $2,716/month
-
Charlestown
Avg Rent: $3,109/month
-
East Boston
Avg Rent: $2,903/month
-
Malden
Avg Rent: $2,368/month
-
Revere
Avg Rent: $2,572/month
-
Somerville
Avg Rent: $3,347/month
-
Winthrop
Avg Rent: $2,383/month
Apartment Communities in Chelsea We Think You'll Love
Rental Management, Simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Chelsea?
The average rent in Chelsea is $2,539 per month, which is 52.5% higher than the national average of $1,665.
What is the average rent for a condo in Chelsea?
The average rent for a condo in Chelsea, MA is $2,142 per month.
Are rents going up or down in Chelsea?
Rents in Chelsea, MA are increasing, with prices up 5.7% year-over-year and $145 more per month.
What rent range is most common in Chelsea?
In Chelsea, MA, 84% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.