Rent-stabilized apartments for rent near SIM4C Huguenot - Manhattan Express in Gramercy Park, Manhattan

It means the apartment is part of a regulated housing category with limits on certain rent increases and renewal protections. It does not remove the need to check the lease, building rules, and total move-in costs.

There are 31+ apartments for rent in this scope, with a $5,274 median rent. That can help you gauge how tight the market is before you start applying.

No. Rent-stabilized is not the same as income-restricted, subsidized, or housing-lottery housing. Openigloo’s rent-stabilized filter is a regulatory category for apartments with controlled rent increases and renewal protections, not a public-assistance program.

This page does not use the affordable filter. For rent-stabilized pages, the filter is based on regulatory status rather than a percentile threshold. If you are comparing affordability, still look at asking rent, fees, and lease terms together.

Ask about the broker fee, security deposit, utilities, and any application or move-in charges. Even in a rent-stabilized apartment, the full monthly cost can be higher than the asking rent alone suggests.

Location, building age, amenities, unit size, and lease terms all affect price. A rent-stabilized apartment can still have a high asking rent in a transit-connected area like Gramercy Park, Manhattan.

Use building and landlord reviews to check repair history, management responsiveness, and tenant feedback. That helps you compare apartments with similar rents before you tour or apply.