
$1,495 - $1,550
Total Monthly Price
Total Monthly Price
Base Rent
$1,495
Utilities & Essentials
Varies
Total Monthly Price
$1,495
Studio Rentals
Available Now
21 5th St
ChelseaMA02150
Search the lowest-cost Apartments available for rent right now in Chelsea.










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.
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.


Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.





Explore Boston like a local with our guide to neighborhoods, history, and hidden gems. Discover the city's best apartments, from historic brownstones to modern high-rises, and find your perfect Boston home.




Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Cheap Chelsea Studio Apartments | $2,657 | $1,495 | $4,400 |
| Cheap Chelsea 1 Bedroom Apartments | $3,002 | $1,100 | $10,000+ |
| Cheap Chelsea 2 Bedroom Apartments | $3,589 | $1,900 | $8,632 |
| Cheap Chelsea 3 Bedroom Apartments | $4,210 | $2,300 | $10,000+ |
| Cheap Chelsea 4 Bedroom Apartments | $4,412 | $1,050 | $10,000+ |
| Chelsea 5 Bedroom Apartments | $5,310 | $2,800 | $7,995 |
The cheapest available apartment rental in Chelsea, MA is a 1 Bed unit found at 14 Horace St in the Waterfront neighborhood priced from $1,100. The Charlestown - Senior Residences 62+ in the Kendall Square neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,700. Here is today’s list of the most affordable Chelsea apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 14 Horace St | 3 | 1BR,1BA | $1,100 |
| The Charlestown - Senior Residences 62+ | 1 Bed, 1 bath | 1BR,1BA | $1,700 |
| Altitude Apartments | Studio - Premium | Studio,1BA | $1,840 |
| Northgate Apartments | One Bedroom | 1BR,1BA | $1,860 |
| Pratt Place Apartments | 1 Bedroom, 1st Floor | 1BR,1BA | $1,869 |
As of December 25, 2025 the best value apartment in the Chelsea area is the $0.20 price per square foot 18 Parmenter St Model at 18 Parmenter St, Unit 1 in the in the Financial District neighborhood starting from $2,000. The second greatest value Chelsea apartment is the 54 S Russell St Model at 54 S Russell St, Unit 6 starting at $2,100 with a $0.21 price per square foot in the Financial District 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. |
|---|---|---|---|
| 18 Parmenter St, Unit 1 | 18 Parmenter St | 1BR,1BA | $0.20 |
| 54 S Russell St, Unit 6 | 54 S Russell St | Studio ,1BA | $0.21 |
| 58 S Russell St, Unit 2 | 58 S Russell St | Studio ,1BA | $0.21 |
| 8 Curtis St, Unit 6 | 8 Curtis St | 1BR,1BA | $0.20 |
| 48 Harvard St, Unit 3 | 48 Harvard St | 1BR,1BA | $0.17 |
| 75 Division St, Unit 1 | 75 Division St | 1BR,1BA | $0.20 |
| 720 Bennington St, Unit 207 | 720 Bennington St | Studio ,1BA | $0.19 |
| 3 Pembroke St, Unit D | 3 Pembroke St | 1BR,1BA | $0.20 |
| 42 S Russell St, Unit 3 | 42 S Russell St | Studio ,1BA | $0.21 |
| 767 Broadway, Unit #4 | 767 Broadway | 1BR,1BA | $0.19 |
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.
Read ArticleDiscover 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 ArticleMoving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleDiscover 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.
Read ArticleLearn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleThe 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.
Living in Chelsea, Ma is an incredibly relaxing experience. The apartments in the area are well kept and perfect for individuals looking to stay in the area without having to worry about the hassles of owning a home! Let's take a closer look at some of the awesome things that Chelsea has to offer you!
Living in Chelsea is perfect for people who want to experience life in Boston but don't necessarily want to go through the hustle and bustle of a major city. Chelsea offers dozens of amenities for its citizens and has plenty of historical locations for you to visit. This city has just about everything that you could want while providing cost-effective places to live near the ocean.
School data provided by Great Schools
See the most popular apartments and homes in Chelsea, MA
Currently the most affordable Cheap Studio Apartment in Chelsea is at Altitude Apartments listed at $1,840.
The lowest price for a Cheap One Bedroom Chelsea Apartment is $1,100 at 14 Horace St.
The best deal on a cheap Chelsea Three Bedroom Apartment rental is at APTS in Everett, Malden, Chelsea & Boston and starts from $2,600.
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.
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
We'll check your Chelsea review to ensure it meets our Review Guidelines.
Thank you!
Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.




























