What does this page include?

This page shows 23 apartments for rent in Kips Bay, Manhattan that match both the affordable filter and rent-stabilized status. The median rent is $3,917, and the affordability ceiling on this page is $4,400.

Is this income-restricted, subsidized, or housing-lottery housing?

No. Openigloo’s affordable filter is market-relative, not a government housing program. It includes apartments with asking rents at or below the page’s 25th-percentile threshold for this scope, which on this page is capped at $4,400.

How is the affordable threshold decided?

Openigloo sets the threshold using the 25th percentile of gross rents for the page’s scope — here, Kips Bay in Manhattan — then clamps it to a safe floor and ceiling so it stays realistic. On this page, that ceiling is $4,400.

What should I confirm before I apply?

Ask about the full monthly cost, including utilities, deposits, and any broker fee. Rent-stabilized status does not guarantee the same move-in costs, lease terms, or renewal experience across every apartment.

Which neighborhoods are trending right now?

In this snapshot, nearby trending neighborhoods include East Village, Hell's Kitchen, Yorkville, Lenox Hill, and Kips Bay.

What factors affect affordability on this page?

Location within Manhattan, building age, amenities, and lease terms can all affect asking rent. A unit that looks affordable on rent alone can still cost more once fees, utilities, and move-in requirements are included.

Affordable rent-stabilized apartments for rent in Kips Bay

Kips Bay currently has 1-bedrooms and 2-bedrooms as the most common apartment types, and this page shows 23 apartments for rent. That mix can help renters compare a smaller unit against a larger one without leaving the neighborhood. Kips Bay has an average building rating of 4.0/5 across 58 rated buildings, an average tenancy length of 10.6 months based on 70 relisted units, and an average rent increase of 10.0% based on 171 relisted units (building-level trends; individual units can differ).

Find 23 affordable rent-stabilized apartments for rent in Kips Bay, Manhattan. This page helps you narrow by market-relative affordability and rent-stabilized status, with a median rent of $3,917 and a ceiling of $4,400. Openigloo makes it easier to compare renter signals before you tour or apply. Use building and landlord reviews, lease details, and filter results to check whether the asking rent, fees, and move-in terms fit your budget and timeline.

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What to check when comparing affordable, rent-stabilized apartments in Kips Bay, Manhattan

Expect a mix of 1-bedroom and 2-bedroom apartments, so budget planning should account for unit size as well as the $3,917 median rent.
The affordable filter here is market-relative: it includes asking rents at or below $4,400, not income-restricted housing.
Rent-stabilized apartments can still have different lease terms, fees, and renewal details, so confirm the full offer before applying.
Check whether the total monthly cost includes utilities, deposits, and any broker fee, since asking rent is only part of the budget.
Use Openigloo reviews to look for recurring building issues, management patterns, and move-in experiences before you decide to tour.

Nearby neighborhoods in Manhattan

All Downtown

1,213 apartments

More filters for apartments for rent in Kips Bay, Manhattan

Affordable rent-stabilized apartments for rent near landmarks in Kips Bay

233 apartments

Affordable rent-stabilized apartments for rent near transit in Kips Bay

233 apartments

Affordable rent-stabilized apartments for rent in other NYC boroughs

Each borough has a different mix of inventory. Explore apartments for rent in NYC boroughs and find the best fit for your priorities. Start broad, then narrow by bedrooms, budget, and building quality signals.

FAQ

Affordable rent-stabilized apartments for rent in Kips Bay

Showing 1–18 of 23 listings

Verified

Rent-stabilized

Kips Bay·Studio, 1 bath

3.8(6)

335 East 27 Street #3C

$3,789

Verified

Rent-stabilized

Kips Bay·Studio, 1 bath

3.8(6)

335 East 27 Street #4A

$3,990

Verified

Rent-stabilized

Kips Bay·Studio, 1 bath

3.8(6)

335 East 27 Street #1D

$3,291

Verified

Rent-stabilized

Kips Bay·1 bed, 1 bath

3.5(4)

530 2 Ave #5-H

$3,850

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What to check when comparing affordable, rent-stabilized apartments in Kips Bay, Manhattan

Expect a mix of 1-bedroom and 2-bedroom apartments, so budget planning should account for unit size as well as the $3,917 median rent.
The affordable filter here is market-relative: it includes asking rents at or below $4,400, not income-restricted housing.
Rent-stabilized apartments can still have different lease terms, fees, and renewal details, so confirm the full offer before applying.
Check whether the total monthly cost includes utilities, deposits, and any broker fee, since asking rent is only part of the budget.
Use Openigloo reviews to look for recurring building issues, management patterns, and move-in experiences before you decide to tour.