Performance indicators for the Chelsea short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Chelsea.
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Challenging to Investors
STRs are legal only for owner-occupied Limited Share and Owner-Adjacent units with explicit caps (max 3 bedrooms and operator presence; only one Owner‑Adjacent unit per 3‑family building plus one Limited Share), requiring annual registration ($200/unit), inspections including Certificate of Habitability (with fees), abutter notification, and strict compliance/penalties; these constraints, ownership requirements, and active enforcement lower investor flexibility and raise operational risk.
Local STR Agent
STR specialist · Chelsea, MA
Chelsea is a city in Suffolk County, Massachusetts, United States, directly across the Mystic River from Boston. At the 2020 census, Chelsea had a population of 40,787. With a total area of just 2.46 square miles (6.4 km2), Chelsea is the smallest city in Massachusetts in terms of total area. It is the second most densely populated city in Massachusetts, behind Somerville, and is the city with the second-highest percentage of Latino residents in Massachusetts, behind Lawrence.