Rent-stabilized studio apartments for rent near SIM35 Port Richmond - Lower Manhattan Express in Financial District, Manhattan

It means the apartments are in a regulated category with limits on certain rent increases and renewal protections. It does not guarantee a low starting rent, and you still need to review the lease terms, fees, and move-in costs.

No. Rent-stabilized on Openigloo is not the same as income-restricted, subsidized, NYCHA, HPD, Section 8, or housing-lottery housing. It is a market category tied to rent regulation, not an official affordable-housing program.

Rent-stabilized focuses on regulated rent increases and renewal rules. Affordable on Openigloo is a separate market-relative filter based on asking rent, and it does not mean the unit is part of an official affordable-housing program.

The $4,182 median rent helps you compare typical asking rents across the page’s studio inventory. For studio apartments, also budget for the full monthly cost, since fees, utilities, deposit, and any broker fee can change what you actually pay.

This page is rent-stabilized, not affordable, so there is no affordable threshold here. For Openigloo affordable pages, the threshold is based on the 25th percentile of gross rents for the page’s scope, which captures the cheaper roughly 25% of asking rents in that area.

Confirm commute details, lease length, move-in costs, and whether the studio has enough space for a sleeping area, kitchen setup, and storage. In a studio, layout matters as much as rent.

Recent demand is showing up in East Village with 225+ apartments for rent, Hell's Kitchen with 388+ apartments for rent, Stuyvesant Town/PCV with 268+ apartments for rent, Kips Bay with 221+ apartments for rent, and Yorkville with 196+ apartments for rent. These counts are for trending neighborhoods in the current snapshot, not this exact page’s inventory.