Rent-stabilized studio apartments for rent near landmarks in Kips Bay, Manhattan

It means the apartment is in a regulated category with rules around rent increases and lease renewals. It does not mean the unit is income-restricted or subsidized, and the asking rent can still be $3,880 or higher depending on the unit.

No. Rent-stabilized is a regulatory category, not an official affordable-housing program. These are market-rate apartments with rent regulation protections, so you should still review the asking rent, fees, and lease terms carefully.

Rent-stabilized focuses on tenant protections and regulated rent increases. Affordable housing usually refers to income-restricted or program-based units, which is not what this page filters for.

Use the median rent as a planning benchmark, then compare each studio's asking rent, layout, and total move-in cost. With only 13+ apartments for rent, small differences in condition, fees, or location can matter a lot.

Ask about the current lease terms, whether the unit is actually rent-stabilized, any required deposits, broker fee, utilities, and move-in charges. Also check whether the studio's layout works for sleeping, cooking, and storage.

This page is not using an affordable filter. The rent-stabilized filter is based on apartment status in the data, while Openigloo's affordable filter elsewhere is a market-relative threshold based on gross rents in the page's scope.

Location, building age, amenities, and lease terms can all change the true monthly cost. A studio with a lower asking rent can still be less affordable once you add utilities, fees, or a broker fee.