Rent-stabilized studio apartments for rent near SIM24 Prince's Bay - Midtown Manhattan Express in Chelsea, Manhattan

It means the apartments are tagged as rent-stabilized, which is a regulatory category with limits on certain rent increases and renewal protections. It is not the same as affordable housing or a guaranteed low rent.

There are 25+ apartments for rent on this page right now, with a median rent of $4,795.

Studio apartments usually require more careful planning around storage, sleeping space, and kitchen layout. With a $4,795 median rent, also budget for utilities, move-in costs, and any broker fee so the monthly total does not surprise you.

No. Rent-stabilized on Openigloo is a regulatory filter, not income-restricted housing, subsidized housing, a housing-lottery unit, NYCHA, HPD, or Section 8. The filter is based on rent regulation status, not an official affordable-housing program.

Openigloo uses the building or unit's regulatory status to tag apartments that fall under rent-stabilized rules. That status affects renewal protections and allowable increases, but you should still verify the lease and rent history with the agent or landlord.

Ask about the exact monthly rent, utilities, move-in costs, security deposit, and any broker fee. For a studio, also confirm the unit's layout, closet space, and whether the sleeping area can fit your furniture.

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