Rent-stabilized 3-bedroom apartments for rent near Madison Square Park

It means the apartment is identified as rent-stabilized, which is a regulatory category with limits on certain rent increases and renewal protections. It does not change the fact that the asking rent here is $9,995.

There are 15+ apartments for rent on this page right now, with a median rent of $9,995.

For a 3-bedroom, the unit count, median rent, and bedroom count matter together because you are usually splitting a higher monthly cost across more people or using the extra rooms for flex space. At $9,995, it helps to compare each unit's total move-in cost and ongoing monthly expenses, not just the base rent.

Confirm the current lease terms, renewal rules, whether the rent is stable under the building's records, and whether there are added charges like fees, utilities, deposits, or a broker fee. The asking rent alone does not show the full cost.

No. This page uses a market-relative rent-stabilized filter, not an official affordable-housing program. The apartments are regular market apartments that happen to be identified as rent-stabilized, so they are not the same as income-restricted, subsidized, NYCHA, HPD, Section 8, or lottery units.

It is a status-based filter tied to the apartment's regulatory category. Openigloo uses that status to surface apartments identified as rent-stabilized, and you should still verify the exact unit history, lease terms, and allowed increases with the landlord or agent.

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