Rent-stabilized apartments for rent near Madison Square Park

It means the apartments are flagged as rent-stabilized, which can limit certain rent increases and shape renewal terms. It does not mean the rent is low or that every cost is capped.

There are 14 apartments for rent near Madison Square Park on this page, with a median rent of $5,940.

No. Rent-stabilized is a regulatory category, not an income-restricted or subsidized housing program. These apartments are market rentals, even though rent increases and renewals may be regulated.

Openigloo uses the building's rent-stabilized status from the data behind the page. You should still confirm the unit's status, lease terms, and renewal language with the agent or landlord before you apply.

Ask about broker fees, security deposit, application fees, utilities, and any building-specific move-in charges. The asking rent is only part of the monthly budget.

Location near Madison Square Park, building age, amenities, and lease terms can all change the true cost of a unit. A lower asking rent may still come with higher fees or stricter move-in requirements.

Current trending neighborhoods include East Village, Hell's Kitchen, Downtown Brooklyn, Flatbush, and Stuyvesant Town/PCV.