Rent-stabilized 2-bedroom apartments for rent near parks in Kips Bay, Manhattan

Rent-stabilized means the apartment is in a regulated category with limits on certain rent increases and renewal protections. It is not the same as income-restricted, subsidized, or lottery housing.

This page does not use Openigloo's affordable filter. For affordable pages, Openigloo uses a market-relative threshold based on the 25th percentile of gross rents in the page's scope, not an official housing program.

No. Rent-stabilized apartments are a regulatory category, not income-restricted or subsidized housing. You still need to review the asking rent, lease terms, and any building rules.

With 16+ apartments for rent and a $7,348 median rent, the bedroom count matters because you are comparing one unit's total rent against roommate or household budgets. Also factor in utilities, deposits, broker fees, and any move-in charges.

Confirm the lease term, renewal terms, deposit amount, broker fee if any, utility responsibility, and whether the apartment's rent-stabilized status is documented in the lease paperwork.

In this snapshot, 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 near parks, building age, amenities, and lease terms can all change the real cost. Even in a regulated apartment, the full monthly cost can be higher than the asking rent once fees and utilities are included.