Market Summary

Chelsea, New York County, NY

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Median Home Price Price

$1,572,021 $1.6M

Median Monthly Rent Rent

$3,780 $3.8K

GRM

34.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within New York County

Region Price Rent GRM Display
$1,122,091 $3,578 26.0x
$1,279,784 $3,365 31.0x
$1,134,664 $2,333 40.0x
$930,796 $3,422 22.0x
$1,321,337 $3,419 32.0x
$1,823,213 $3,787 40.0x
$969,273 $3,310 24.0x
$838,550 $1,860 38.0x
$1,613,765 $3,599 37.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NY outside of New York County

Region Price Rent GRM Display
$1,019,302 $3,106 28.0x
$1,015,490 $3,596 23.0x
$1,180,367 $3,293 30.0x
$1,075,379 $2,969 30.0x
$1,982,582 $3,382 49.0x
$1,899,680 $3,326 48.0x
$1,346,183 $3,186 35.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NY

Region Price Rent GRM Display
$815,751 $1,858 37.0x
$1,111,126 $2,173 42.0x
$790,785 $1,511 44.0x
$1,441,067 $3,186 38.0x
$586,713 $1,908 26.0x
$1,294,428 $3,284 33.0x
$758,574 $1,949 33.0x
$854,882 $2,257 32.0x
$688,980 $1,871 31.0x

Home prices

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Monthly rent

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GRM

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Chelsea

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Trend Insights

Median Rent in Chelsea, NY is $3,780, with MoM change +$26 and YoY change +$178 pointing to positive momentum while volatility is low (std $44).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Chelsea, NY.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Chelsea, NY
Compare market Select a market
Delta vs base
Median rent
$3,780
N/A
Median price
$1,572,021
N/A
YoY change
+$178
N/A
Price-to-rent
34.7x
Data unavailable
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