Rental market snapshot for Chelsea, Massachusetts

Chelsea, Massachusetts Rental Property Market Overview

The average rent for an apartment in Chelsea is $2,358. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -7.5% over the past year.

Chelsea is a city in Suffolk County, Massachusetts, United States, directly across the Mystic River from the city of Boston. As of the 2010 census, Chelsea had a population of 35,177. It is also the second most densely populated city in Massachusetts behind Somerville. With a total area of just 2.5 square miles, Chelsea is the smallest city in Massachusetts in terms of total area.

Last Updated December 23, 2022

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Average monthly rent graph in Chelsea Massachusetts | Cost of Living

  • The most expensive ZIP Code in Chelsea is 02150 with an average price of $2,690
  • The cheapest ZIP Code in Chelsea is 02150 with an average price of $2,329

Chelsea ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
102150$2,690

Live near Chelsea, Massachusetts's Top Sights and Attractions

John Ruiz Park is a public park located in Chelsea, Massachusetts. The park is named after former professional boxer John Ruiz, who is from Chelsea. The park features a playground, a basketball court, a baseball field, and a walking path.

Malone Park is a beautiful park located in Chelsea, Massachusetts. The park is home to a variety of trees, flowers, and plants, as well as a pond and a fountain. Visitors can enjoy a picnic in the park, take a stroll through the gardens, or relax by the pond.

Chelsea Greenway is a linear park that runs along the Chelsea Creek. It features a walking and biking path, a playground, a picnic area, and a dog park.

Highland Park is a beautiful park located in Chelsea, Massachusetts. The park is home to a variety of trees, flowers, and plants, as well as a pond. Visitors can enjoy walking trails, picnicking, and fishing in the pond.

Quigley Park is a small park located in the center of Chelsea, Massachusetts. The park is home to a playground, a basketball court, and a small pond. The pond is stocked with fish and is a popular spot for fishing in the summer months.

Voke Park is a small park located in the center of Chelsea, Massachusetts. The park is home to a playground, a basketball court, and a small pond. The pond is stocked with fish, and visitors can rent boats to go fishing.

Box District Park is a small, urban park located in the Chelsea neighborhood of Boston. The park features a playground, a basketball court, a picnic area, and a walking path.

Chelsea Square is a small park located in the center of Chelsea, Massachusetts. The park is home to a number of sculptures and monuments, as well as a fountain and a gazebo. The park is a popular gathering place for residents and visitors alike, and is host to a number of events throughout the year.

Chelsea, Massachusetts area median rent change by ZIP Code map

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How does Chelsea compare to other cities in Massachusetts ?

citymedian price
Medford$3,510
Jamaica Plain$3,510
Somerville$3,375
Lynn$2,480
Springfield$1,258
Chelsea$2,500
Westwood$2,865

Average household income in Chelsea area graph - US Census

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The median household income in Chelsea in 2021 was $60,370. This represents a 39.9% change from 2011 when the median was $43,155.

#categorypercent
0Less than $10,00010.1%
1$10,000 to $14,9995.1%
2$15,000 to $19,9993.6%
3$20,000 to $24,9993.5%
4$25,000 to $29,9996.3%
5$30,000 to $34,9994.3%
6$35,000 to $39,9992.5%
7$40,000 to $44,9994.3%
8$45,000 to $49,9992.5%
9$50,000 to $59,9997.3%
10$60,000 to $74,99911.1%
11$75,000 to $99,99912.9%
12$100,000 to $124,9999.8%
13$125,000 to $149,9994.9%
14$150,000 to $199,9997.3%
15$200,000 or more4.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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