Affordable rent-stabilized apartments for rent in Manhattan

It means apartments for rent in Manhattan that match both filters: rent-stabilized and within the market-relative affordable threshold. The asking rent is at or below $4,300, but it is not official affordable housing.

No. This page is not income-restricted, subsidized, NYCHA, HPD, Section 8, or housing-lottery housing. Openigloo’s affordable filter is market-relative: it selects apartments with asking rents at or below the 25th percentile of gross rents for the Manhattan borough, with a $4,300 cap to keep the result set realistic.

The threshold is based on the 25th percentile of gross rents for the Manhattan borough, meaning roughly the cheapest 25% of asking rents in that scope. Openigloo also clamps it to a safe floor and ceiling, and on this page that ceiling is $4,300.

Check the full monthly cost, including broker fee, security deposit, utilities, and any required amenity or move-in charges. A rent-stabilized apartment can still be expensive if upfront costs are high.

Affordability here is based on rent price, not on neighborhood age, building amenities, or lease extras. In Manhattan, location, building condition, and terms like broker fees or short lease lengths can change the total cost quickly.

No. Rent-stabilized apartments have regulated renewal rules, but increases can still happen within the legal framework. Always confirm the current lease terms, renewal language, and any registered rent history before signing.

The current snapshot is strongest in Hell's Kitchen, followed by East Village, Yorkville, Kips Bay, and Lenox Hill. These counts can change as inventory updates.