Rent-stabilized apartments for rent near M4 The Cloisters - 32 St in Gramercy Park, Manhattan

It means the apartments for rent shown here are in buildings or units that may fall under New York rent stabilization rules, which can limit certain rent increases and affect renewal protections. Always confirm the unit’s status with the landlord or managing agent.

There are 21+ apartments for rent on this page right now, with a median rent of $4,995.

No. Rent-stabilized is not the same as income-restricted, subsidized, lottery, NYCHA, HPD, or Section 8 housing. It is a regulatory status tied to rent increases and renewal rules, not an official affordable-housing program.

It is based on the page’s current scope and regulatory filter, not on income eligibility. Openigloo uses rent-stabilized as a housing-status category, so you still need to confirm the unit’s legal status and lease terms with the agent or landlord.

Confirm whether the apartment is actually rent-stabilized, what the current legal rent is, whether any preferential rent applies, and what fees or deposits you will owe at move-in.

In this Manhattan scope, East Village has 225+ apartments for rent, Hell's Kitchen has 388+ apartments for rent, Stuyvesant Town/PCV has 268+ apartments for rent, Kips Bay has 221+ apartments for rent, and Yorkville has 196+ apartments for rent.

Location, building age, amenities, broker fees, deposits, utilities, and lease terms can all change your real monthly cost even when the asking rent looks manageable.