Chelsea, MA Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Chelsea is $2,898, a 0.36% decrease compared to the previous year, when the average rent was $2,909.
Studio Apartments at $2,365 offer the most budget-friendly option with 590 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 752 square feet for $2,683, balancing privacy and affordability.
Two-beedroom units at $3,236 offer 1,093 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,300 sq ft) for $3,942, suitable for larger households.
Average rent in Chelsea, MA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,898 | 881 sq. ft. |
| Studio | $2,365 | 590 sq. ft. |
| 1 Bed | $2,683 | 752 sq. ft. |
| 2 Beds | $3,236 | 1,093 sq. ft. |
| 3 Beds | $3,942 | 1,300 sq. ft. |
Chelsea, MA rent trends
Rental prices in Chelsea, MA have decreased by 0.36% over the past year. The average rent moved from $2,909 to $2,898.
What's the typical rent budget in Chelsea, MA?
The largest share of rentals in Chelsea, MA (53%) fall between $2,501-$3,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Chelsea, MA?
9,589 or 71% of the households in Chelsea, MA are renter-occupied while 3,949 or 29% are owner-occupied.
How Chelsea Compares to Other Cities
| City | Average Rent |
|---|---|
| Chelsea | $2,898 |
| Waltham | $3,225 |
| Salem | $2,777 |
| Lowell | $2,317 |
| Boston | $3,775 |
| Quincy | $2,822 |
| Cambridge | $3,748 |
| Worcester | $2,049 |
| Fall River | $2,099 |
| Somerville | $3,661 |
| Medford | $3,244 |
| Malden, MA | $2,687 |
| Weymouth Town, MA | $2,586 |
| Watertown, MA | $3,476 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Chelsea apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.