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Rental Market Trends in Chelsea, MI

Updated September 2026

The average rent in Chelsea, MI is $766/month.

Rent in Chelsea is 54% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$766/month

Average Rent

713 Sq Ft

Average Size

+0.9%

Change / Year

5

Available Apartments

Chelsea rent varies by unit size and layout:

  • Studio apartments in Chelsea average per month.
  • One-bedroom apartments in Chelsea average $766 per month.
  • Two-bedroom apartments in Chelsea average $1,140 per month.
  • Three-bedroom apartments in Chelsea average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$766/month
713 Sq Ft
Two Bedroom
$1,140/month
547 Sq Ft
View Chelsea Apartments

How much has average rent changed in Chelsea, MI?

In the past year, rent has increased by 0.9%, which averages out to $7 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Chelsea, MI

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Chelsea, MI
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Chelsea is $766, you’ll want to make about $2,553 per month or $30,636 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, MI

5 Available Apartments for Rent

Search for Nearby Apartments

How does Chelsea, MI compare to other nearby cities and neighborhoods?

Use the tool below to compare Chelsea, MI 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.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Dexter

    Dexter

    Avg Rent: $1,649/month

  • Van Buren Township

    Van Buren Township

    Avg Rent: $996/month

  • Pinckney

    Pinckney

    Avg Rent: $928/month

Apartment Communities in Chelsea We Think You'll Love

317 E Middle St

317 E Middle St

317 E Middle St,
Chelsea, MI 48118

2 Beds | $1,750

115 S Main St

115 S Main St

115 S Main St,
Chelsea, MI 48118

2 Beds | $2,350

550-552 Cleveland St

550-552 Cleveland St

550-552 Cleveland St,
Chelsea, MI 48118

3 Beds | $2,495

510 Lane St

510 Lane St

510 Lane St,
Chelsea, MI 48118

3 Beds | $1,875

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Frequently Asked Questions

What is the average rent in Chelsea?

The average rent in Chelsea is $766 per month, which is 54.0% lower than the national average of $1,665.

Are rents going up or down in Chelsea?

Rents in Chelsea, MI are increasing, with prices up 0.9% year-over-year and $7 more per month.

What rent range is most common in Chelsea?

In Chelsea, MI, 100% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Michigan 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 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity