Rent-stabilized studio apartments for rent near SIM3C Pt. Richmond - Manhattan Express in Chelsea, Manhattan

It means the apartment is in a regulated category with rules on rent increases and renewals. It does not guarantee low move-in costs or eliminate the need to review the lease carefully.

There are 30+ studio apartments for rent on this page, with a median rent of $4,814.

No. Rent-stabilized is a regulatory category, not an official affordable-housing program. These apartments are not the same as income-restricted, subsidized, NYCHA, HPD, or Section 8 housing.

This page is filtered to rent-stabilized apartments in Chelsea, Manhattan near SIM3C. Openigloo uses the page scope and status filter to surface regulated apartments, so you still need to verify the lease, renewal language, and any building-specific rules.

Ask about the current legal rent, renewal terms, any preferential rent, and whether the unit has fees or move-in charges. Also confirm the studio layout, since space planning matters more in a one-room apartment.

Trending neighborhoods include Hell's Kitchen with 388+ apartments for rent, Stuyvesant Town/PCV with 268+ apartments for rent, East Village with 225+ apartments for rent, Kips Bay with 221+ apartments for rent, and Yorkville with 196+ apartments for rent.

Location, building age, amenities, lease terms, and total monthly costs can all change affordability. A lower asking rent can still become expensive once you add utilities, fees, and any broker charge.