
Cheap Homes for Rent in the Chelsea Neighborhood of New York, NY from $1,700 (32 Rentals)
Search the lowest-cost Homes available for rent right now in the Chelsea area of New York.


Room in Shared 4 bed/1 bath home, Unit 1C

Room in Shared 4 bed/1 bath home, Unit C

Room in Shared 5 bed/1 bath home, Unit B

Room in Shared 4 bed/1 bath home, Unit B

Room in Shared 5 bed/1 bath home, Unit 3C

Room in Shared 3 bed/1 bath home, Unit C

Room in Shared 5 bed/1 bath home, Unit 5D
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Room in Shared 5 bed/1 bath home, Unit 3B

Room in Shared 4 bed/1 bath home, Unit C

Room in Shared 5 bed/1 bath home, Unit E

Room in Shared 4 bed/1 bath home, Unit B

Room in Shared 5 bed/1 bath home, Unit D

Room in Shared 4 bed/1 bath home, Unit 2C

Room in Shared 4 bed/1 bath home, Unit D

Room in Shared 4 bed/1 bath home, Unit C
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Room in Shared 4 bed/1 bath home, Unit D

Room in Shared 4 bed/1 bath home, Unit D

Room in Shared 3 bed/1 bath home, Unit A

Room in Shared 3 bed/2 bath home, Unit C

Room in Shared 4 bed/2 bath home, Unit B

Room in Shared 3 bed/2 bath home, Unit A

Room in Shared 5 bed/1 bath home, Unit A

Room in Shared 3 bed/1 bath home, Unit B
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Room in Shared 5 bed/1 bath home, Unit 3D

Room in Shared 3 bed/1 bath home, Unit B

Room in Shared 4 bed/1 bath home, Unit 2A

Room in Shared 4 bed/2 bath home, Unit C

Room in Shared 4 bed/2 bath home, Unit A

Room in Shared 4 bed/1 bath home, Unit 1A

Room in Shared 5 bed/2 bath home, Unit C

Room in Shared 4 bed/1 bath home, Unit A
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Chelsea, New York, NY Local Guide

How much does it cost to rent a home in Chelsea?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chelsea 2 Bedroom Homes for Rent | $7,256 | $3,895 | $10,000+ |
| Chelsea 3 Bedroom Homes for Rent | $5,723 | $2,010 | $10,000+ |
| Chelsea 4 Bedroom Homes for Rent | $2,292 | $1,780 | $3,160 |
| Chelsea 5 Bedroom Homes for Rent | $2,022 | $1,860 | $2,430 |
Browse Homes for Rent in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Chelsea Neighborhood of New York, NY.
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Chelsea, New York, NY Local Guide
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Cheapest Available Chelsea Apartments for Rent
 The cheapest available apartment rental in the Chelsea area of New York, NY is a 1 Bed unit found at EHS Hudson Yards Campus priced from $1,950. 420 W 42nd St has the second lowest priced unit, which is a Studio apartment currently listed from $3,500. Here are the most affordable Chelsea apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| EHS Hudson Yards Campus | Single Occupancy Room | 1BR,1BA | $1,950 |
| 420 W 42nd St | Studio | Studio,1BA | $3,500 |
| 360 West 43rd Street | S14F | Studio,1BA | $3,695 |
| 576 9th Ave | Flex 2 | 1BR,1BA | $3,995 |
| The Epic | S02 | Studio,1BA | $4,495 |
| AVA High Line | S20 | Studio,1BA | $4,584 |
Best Value Apartments for Rent in Chelsea, NY
As of July 11, 2026 the best value apartment in the Chelsea area is the $1.65 price per square foot Private room in 12B2B Suite Model at FOUND Study Chelsea- Student/Intern in the in the Gramercy-Flatiron neighborhood starting from $2,150. The second greatest value Chelsea apartment is the 2 Bedroom, 2 Bath Model at OHM starting at $9,995 with a $7.80 price per square foot in the Chelsea neighborhood. Here is today’s list of the best values for Chelsea apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| FOUND Study Chelsea- Student/Intern | Private room in 12B2B Suite | 1BR,1BA | $1.65 |
| OHM | 2 Bedroom, 2 Bath | 2BR,2BA | $7.80 |
| 442 W 44th St | 442 W 44th St | 3BR,2BA | $6.45 |
| 576 9th Ave | Flex 2 | 1BR,1BA | $4.99 |
| EOS | 1 Bedroom / 1 Bathroom | 1BR,1BA | $7.77 |
| The Biltmore | S4 | Studio ,1BA | $8.08 |
| 350 W 46th St | 350 W 46th St | Studio ,1BA | $7.00 |
| 524 9th Ave | 524 9th Ave | Studio ,1BA | $7.60 |
| 420 W 42nd St | Studio | Studio ,1BA | $7.78 |
| 207 W 20th St, Unit 2A | 207 W 20th St | Studio ,1BA | $7.76 |
The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers
From Battery Park City to Hudson Heights, find a rental that makes walking to work a reality. Explore the best NYC neighborhoods near major employers.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in NYC
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the New York City area for affordable living. Find your perfect NYC Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Chelsea, New York, NY
School data provided by Great Schools
Frequently Asked Questions about Chelsea
What type of rentals are currently available in Chelsea?
There are currently 1928 Apartments for Rent in Chelsea, NY with pricing that ranges from $1,950 to $36,303. There are also 327 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chelsea ranging from $1,780 to $24,000.
What is the current price range for Rental Homes in Chelsea?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chelsea ranges from $1,780 to $24,000 with an average monthly rent of $4,500.
How much are larger Three and Four Bedroom Rentals in Chelsea?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Chelsea range from $5,890 to $29,202, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,010 to $13,000. Four Bedroom Single-Family rentals are also available starting from $1,780 and Four Bedroom Apartments start at $7,513.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods for Renting in New York City
Written by: Joshua Carlucci
New York City is the city that never sleeps, but it’s also the city that’s often synonymous with sky-high rents and steep living costs. That said, if you’re like many of us at ApartmentHomeLiving.

Top Student Friendly Neighborhoods to Rent Near Colleges in NYC
Written by: Joshua Carlucci
New York City is more than just a destination—it’s a way of life, especially for students eager to dive into a melting pot of cultures, endless activities, and academic prestige.

The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers
Written by: Joshua Carlucci
New York has a funny way of making your commute part of your identity.

The Unofficial NYC Playbook: An Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps
Written by: Joshua Carlucci
Every block of New York City feels like a stage set for daily life.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.