Rent-stabilized studio apartments for rent near M15 East Harlem - South Ferry in Kips Bay, Manhattan

It means the apartments for rent shown here are marked as rent-stabilized, a regulatory category with rules around rent increases and renewal rights. It is not the same as affordable housing, and you should confirm the status in the lease or building documents.

There are 13+ apartments for rent near the M15 East Harlem - South Ferry line in Kips Bay, Manhattan.

The median rent is $3,880. For studio budgeting, that price has to work alongside the apartment count, because fewer available units can mean faster turnover and tighter competition.

No. Rent-stabilized on Openigloo is a regulatory category, not income-restricted, subsidized, NYCHA, HPD, Section 8, or housing-lottery housing. It describes rent and renewal rules, not an official affordable-housing program.

Openigloo uses the page’s scope and regulatory filter to surface apartments marked as rent-stabilized within this Manhattan, Kips Bay, studio context. Always verify the status with the lease and building records, since paperwork and unit history still matter.

Ask about broker fees, security deposit, application fees, utilities, and any lease clauses that could affect move-in costs. Even with rent-stabilized apartments for rent, the full monthly cost can be higher than the asking rent.

Location near the M15, building age, amenities, and lease terms can all change the real cost. For a studio, layout also matters because the sleeping area, kitchen setup, and storage have to work within one main room.