Rent-stabilized apartments for rent near 4 Train in Gramercy Park, Manhattan

It means the apartments are in a regulatory category with limits on certain rent increases and renewal protections. It does not remove the need to review the lease, fees, or unit-specific terms.

There are 31+ apartments for rent in this scope, with a median rent of $5,274.

The median rent of $5,274 is a midpoint for the current inventory in this scope. Individual apartments may still price above or below it depending on size, condition, and building amenities.

Confirm the renewal terms, any broker fee, the security deposit, move-in charges, and whether the unit has any additional building rules or requirements.

Not always. Rent-stabilized status affects how rent can change over time, but asking rent can still be high based on location, building condition, and demand.

Openigloo lets you review building-level feedback and landlord patterns so you can look beyond the asking rent and compare the unit with renter experiences in the building.

Location near the 4 Train, building age, amenities, lease terms, and upfront fees can all change the true monthly cost even when the asking rent looks manageable.