• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
  • Property Management Companies

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Chelsea, MA

What is the average rent in Chelsea, MA?

$2,500/month

Average Rent

709 Sq Ft

Average Apartment Size

+0.3%

Increase in the Last Year

Chelsea, MA Rental Market Overview

The average rent in Chelsea, MA is $2,500 per month. This is 52% higher than the national average rent price of $1,644/month, making Chelsea one of the most expensive cities in the US.

  • Studio apartments in Chelsea average $2,266 per month.
  • One-bedroom apartments in Chelsea average $2,500 per month.
  • Two-bedroom apartments in Chelsea average $2,970 per month.
  • Three-bedroom apartments in Chelsea average $3,240 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,266/month
560 Sq Ft
One Bedroom
$2,500/month
709 Sq Ft
Two Bedroom
$2,970/month
1,019 Sq Ft
Three Bedroom
$3,240/month
1,189 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,214/month
4,651 Sq Ft
Two Bedroom
$2,959/month
1,858 Sq Ft
Three Bedroom
$3,170/month
2,658 Sq Ft
Four Bedroom
$4,049/month
2,257 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 increased by 0.3%, which averages out to $9 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Chelsea, MA
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Chelsea, MA
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
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Chelsea?

Based on current rent prices, Addison-Orange, Broadway and Belingham Square are the most affordable neighborhoods in Chelsea.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Addison-Orange
$2,620/month
750 Sq Ft
Broadway
$2,658/month
1,104 Sq Ft
Belingham Square
$2,763/month
1,758 Sq Ft

What are the most expensive neighborhoods in Chelsea?

Based on current rent prices, Belingham Square, Broadway and Addison-Orange are the most expensive neighborhoods in Chelsea.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Belingham Square
$2,763/month
1,758 Sq Ft
Broadway
$2,658/month
1,104 Sq Ft
Addison-Orange
$2,620/month
750 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 .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Broadway
$2,658/month
1,104 Sq Ft
Addison-Orange
$2,620/month
750 Sq Ft
Belingham Square
$2,763/month
1,758 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Chelsea, MA?

Because the average rent in Chelsea is $2,500, you’ll want to make about $8,333 per month or $99,996 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.

City

Chelsea, MA

1,038 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Chelsea, MA

Apartment Averages

Addison-Orange

Chelsea, MA

Belingham Square

Chelsea, MA

Studio
$2,376/month
$2,201/month
One Bedroom
$2,634/month
$2,490/month
Two Bedroom
$3,333/month
$2,886/month
Three Bedroom
$4,221/month
$926/month
Search
Search

Nearby City Rent Trends

  • Everett Average Rent
  • Charlestown Average Rent
  • East Boston Average Rent
  • Malden Average Rent
  • Revere Average Rent
  • Somerville Average Rent
  • Winthrop Average Rent

Apartment communities in Chelsea we think you'll love

DUO

DUO

180 Central Ave,
Chelsea, MA 02150

$2,161 - $3,282 Total Monthly Price

Studio - 2 Beds

Juniper

Juniper

201 Mill Rd,
Everett, MA 02149

$2,460 - $5,765 Total Monthly Price

Studio - 3 Beds

Vero Apartments

Vero Apartments

255 Vale St,
Chelsea, MA 02150

$2,312 - $3,478 Total Monthly Price

Studio - 2 Beds

V2 Apartments

V2 Apartments

250 Vale St,
Chelsea, MA 02150

$2,432 - $3,500 Total Monthly Price

Studio - 2 Beds

Learn More with Helpful Articles

The Benefits of Renters Insurance

Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

Tips for Finding an Apartment in a New City

Concrete jungle or small-town suburb? Your new home awaits.

Explore the Renterverse

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

Start managing your rentals
United States Massachusetts Chelsea Rental Trends

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 June 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.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Newest Listings
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity