Affordable rent-stabilized apartments for rent in Financial District

It means the apartment is tagged as rent-stabilized, which generally points to regulated rent increases and renewal protections. You should still confirm the current lease terms, legal rent, and any building-specific rules before applying.

Affordable on Openigloo is market-relative, not a government housing category. It selects apartments with asking rents at or below $4,200 for this scope, based on the 25th percentile of gross rents, not income-restricted or lottery housing.

No. This page is not a subsidy, NYCHA, HPD, Section 8, or housing-lottery filter. It only shows market-relative affordable apartments with asking rents at or below $4,200 in this scope.

Openigloo sets it using the 25th percentile of gross rents for the Financial District neighborhood in Manhattan, then clamps the result to a safe floor and ceiling. In practice, that creates a market-relative affordability threshold of $4,200 here.

The $3,845 median rent is only the asking rent. Your total monthly cost can be higher once you add utilities, broker fees, deposits, and any building fees or move-in charges.

They can change both the asking rent and the total cost. A newer building, extra amenities, or shorter lease terms can push rents and fees up, while older buildings or fewer amenities may keep costs lower.

Confirm the full move-in cost, whether the unit is truly rent-stabilized, any broker fee, and whether the apartment's rent fits the $4,200 affordability ceiling after fees and utilities are included.