
Cheap Apartments for Rent in the Kips Bay Neighborhood of New York, NY from $1,000 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Kips Bay area of New York.


Private bedroom in 2 bed/1 bath Home

Private bedroom in 2 bed/1 bath Home

Private bedroom in 2 bed/1 bath Home
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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Navigating the Rental Market: Tips for First-Time Renters
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Kips Bay, New York, NY Local Guide

How much does it cost to rent an apartment in Kips Bay?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Kips Bay Studio Apartments | $4,544 | $2,995 | $10,000+ |
Kips Bay 1 Bedroom Apartments | $4,879 | $3,175 | $10,000+ |
Kips Bay 2 Bedroom Apartments | $5,784 | $2,050 | $10,000+ |
Kips Bay 3 Bedroom Apartments | $9,028 | $5,495 | $10,000+ |
Kips Bay 4 Bedroom Apartments | $9,367 | $7,495 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Kips Bay Neighborhood of New York, NY.
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Cheapest Available Kips Bay Apartments for Rent
 The cheapest available apartment rental in the Kips Bay area of New York, NY is a Studio unit found at Plaza East priced from $3,495. Wimbledon Tower has the second lowest priced unit, which is a Studio apartment currently listed from $3,500. Here are the most affordable Kips Bay apartments for rent in New York, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Plaza East | Apartment 12G | Studio,1BA | $3,495 |
Wimbledon Tower | STUDIO | Studio,1BA | $3,500 |
534 3rd Ave | Studio | Studio,1BA | $3,600 |
Waterside | SA Renovation 5 | Studio,1BA | $3,623 |
230 East 30th Street | Studio, 1 Bath | Studio,1BA | $3,950 |
Marquis Apartments | Murray Hill Marquis - Studio One Bathroom | Studio,1BA | $4,084 |
219 E 28th St | 2 bedroom | 2BR,1BA | $4,500 |
Best Value Apartments for Rent in Kips Bay, NY
As of June 22, 2025 the best value apartment in the Kips Bay area is the $8.36 price per square foot 3BR/1BA Model at 322 Second Ave in the in the Gramercy-Flatiron neighborhood starting from $8,360. The second greatest value Kips Bay apartment is the 137 E 27th St Model at 137 E 27th St, Unit 2G starting at $4,655 with a $5.90 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Kips Bay apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
322 Second Ave | 3BR/1BA | 3BR,1BA | $8.36 |
137 E 27th St, Unit 2G | 137 E 27th St | 1BR,1BA | $5.90 |
141 E 29th St, Unit 22 | 141 E 29th St | 2BR,1BA | $6.49 |
202 E 22nd St, Unit 22F | 202 E 22nd St | 1BR,1BA | $6.57 |
Windsor Court | 1 Bedroom / 1 Bathroom | 1BR,1BA | $8.04 |
Wimbledon Tower | STUDIO | Studio ,1BA | $6.42 |
Marquis Apartments | Murray Hill Marquis - Studio One Bathroom | Studio ,1BA | $7.84 |
230 East 30th Street | Studio, 1 Bath | Studio ,1BA | $7.90 |
236 E 30th St, Unit 2A | 236 E 30th St | Studio ,1BA | $6.60 |
300 E 30th St, Unit 2A | 300 E 30th St | Studio ,1BA | $6.66 |
Getting Around the Kips Bay Neighborhood in New York, NY
Walk Score®
100 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
88 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Kips Bay Apartments
What is a cheap apartment in Kips Bay?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kips Bay is under $4,500.
What is the price of a cheap apartment in Kips Bay?
The cheapest apartment in Kips Bay is Plaza East which is listed at $4,095, while the average apartment in Kips Bay costs $8,525.
What types of apartments are the cheapest in Kips Bay?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Kips Bay that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Kips Bay?
Cheap apartments in Kips Bay have an average cost of $203 which is $8,322 cheaper than the average rent for all rentals in Kips Bay.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The 10 Best Affordable Neighborhoods for Renting in New York City
Written by: Joshua Carlucci
New York City is the city that never sleeps, but it’s also the city that’s often synonymous with sky-high rents and steep living costs. That said, if you’re like many of us at ApartmentHomeLiving.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.