Rent-stabilized 3-bedroom apartments for rent near SIM1 Eltingville - Lower Manhattan Express in NYC

It means the apartments are tagged as rent-stabilized, which is a regulatory category that can limit certain rent increases and affect renewal rights. It is not the same as affordable housing or a price cap on every unit.

There are 24+ apartments for rent in this scope right now. The count can change as landlords remove, add, or update units.

The median rent is $8,495, so half of the current apartments for rent are asking below that and half above it. For a 3-bedroom, that number can help you gauge whether a unit is priced in line with the current market near this transit line.

Ask whether the unit is currently rent-stabilized, how the rent was set, what the renewal rules are, and whether there are any fees, deposits, or lease clauses that change your move-in cost.

Not necessarily. You still need to check the first month’s rent, security deposit, broker fee if any, and any required utilities or amenity charges. The asking rent is only part of the total monthly and move-in cost.

In a 3-bedroom, the asking rent needs to work for all roommates, not just one person. Compare the unit’s size, bedroom layout, shared space, and lease terms against the median rent of $8,495 and the actual total cost you expect to pay.

No. Rent-stabilized on Openigloo is a market regulation category, not income-restricted, subsidized, or housing-lottery housing. It can affect renewal protections and allowed rent increases, but it does not mean the apartment is part of an official affordable-housing program.