Rent-stabilized apartments for rent near SIM11 New Dorp - Midtown Manhattan Express in Kips Bay, Manhattan

It means the apartments are tagged as rent-stabilized, a regulatory category tied to limits on certain rent increases and renewal protections. It is not the same as affordable housing or a subsidy program.

This page shows 96+ apartments for rent near SIM11 New Dorp - Midtown Manhattan Express in Kips Bay, Manhattan.

The median rent is $5,501, which can help you compare this transit area with other parts of Manhattan.

No. Rent-stabilized is a regulatory category, not income-restricted, subsidized, or housing-lottery housing. You still need to review the asking rent, lease terms, and building rules for each apartment.

Openigloo uses the page's rent-stabilized tag to group apartments that fall under that regulatory category. It is a classification filter, not a pricing guarantee, so the asking rent and lease terms still need to be checked unit by unit.

Confirm the full monthly cost, including broker fee, deposit, utilities, and any building charges. Also verify renewal rules and any unit-specific restrictions with the agent or landlord.

The filter helps you find regulated apartments, but unit count and median rent still matter for budget planning because the monthly asking rent can vary a lot across buildings and layouts near the same subway line.