Affordable rent-stabilized apartments for rent in West Chelsea

It means the apartments are tagged as rent-stabilized, a regulatory category with rules on rent increases and renewals. You should still confirm the unit's status, lease terms, and any rider language with the agent or landlord.

No. Openigloo's affordable filter here is market-relative, based on asking rents at or below the 25th percentile for this scope, not income-restricted or subsidized housing.

Openigloo sets the threshold using the 25th percentile of gross rents for the West Chelsea neighborhood in Manhattan, then clamps it to a safe floor and ceiling. On this page, that ceiling is $5,000.

Because the full monthly cost can include broker fees, deposits, utilities, and any building or lease charges. Those costs can change the real budget even when the asking rent fits the filter.

Confirm the exact rent-stabilized status, renewal terms, any application fees, move-in deposits, and whether the advertised asking rent matches the lease offer.

With 12 apartments for rent and a $4,661 median rent, West Chelsea is a smaller, higher-priced search area. Since 1-bedrooms and studios are most common, your budget should account for both unit size and the rent level you can sustain over a lease term.

Location within West Chelsea, building age, amenities, lease length, and any added fees can all push the monthly cost up or down. Two apartments with the same asking rent can have very different total costs.