31 properties observed within a 5-mile radius of Chelsea center, average asking rent $4,003.
| Type | Avg asking | Avg effective | Avg sqft | Properties |
|---|---|---|---|---|
| Studio | $3,153 | $3,153 | 537 | 19 |
| 1 bedroom | $3,923 | $3,923 | 704 | 24 |
| 2 bedroom | $5,252 | $5,252 | 1,093 | 23 |
| 3 bedroom | $7,375 | $7,375 | 1,280 | 7 |
| 4+ bedroom | not observed | not observed | not observed | 0 |
Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent.