Cheap Apartments for Rent in the Kips Bay Neighborhood of New York, NY from $1,000 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Kips Bay area of New York.

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147 E 30th St
Studio to 2 Bedroom Apartments

147 E 30th St

147 E 30th StNew York, NY 10016
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577 2nd Ave
Studio Apartments

577 2nd Ave

577 Second AveNew York, NY 10016
  • Utilities Included

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.

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155 E 30th St
Studio Apartments

155 E 30th St

155 E 30th StNew York, NY 10016
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227 E 28th St
1 Bedroom Apartments

227 E 28th St

227 E 28th StNew York, NY 10016
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217 East 29th
1 Bedroom Apartments

217 East 29th

217 E 29th StNew York, NY 10016
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IVY 30
Studio to 4 Bedroom Apartments

IVY 30

312-316 E 30th StNew York, NY 10016
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105 Lexington Avenue
Studio Apartments

105 Lexington Avenue

105-107 Lexington AveNew York, NY 10016
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The Liane
Studio Apartments

The Liane

315 E 21st StNew York, NY 10010
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104 E 30th St
2 to 3 Bedroom Apartments

104 E 30th St

104 E 30th StNew York, NY 10016

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.

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210 E 26th St
Studio Apartments

210 E 26th St

210 E 26th StNew York, NY 10010
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True North Gramercy
Studio Apartments

True North Gramercy

304 E 20th StNew York, NY 10003
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233 E 32nd St
Studio to 1 Bedroom Apartments

233 E 32nd St

233 E 32nd StNew York, NY 10016
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631 Second Ave
1 Bedroom Apartments

631 Second Ave

631 Second AveNew York, NY 10016
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151 Lexington Avenue
Studio to 1 Bedroom Apartments

151 Lexington Avenue

151 Lexington AveNew York, NY 10016
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327 East 34th Street
Studio to 2 Bedroom Apartments

327 East 34th Street

327 E 34th StNew York, NY 10016
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31 E 31st St
Studio to 1 Bedroom Apartments

31 E 31st St

31 E 31st StNew York, NY 10016
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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148  East 30
Studio Apartments

148 East 30

148 E 30th StNew York, NY 10016
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121 east 31st st
Studio Apartments

121 east 31st st

121 E 31st StNew York, NY 10016
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207-215 E 27th St
Studio Apartments

207-215 E 27th St

207-215 E 27th StNew York, NY 10016
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647 Second Ave
1 Bedroom Apartments

647 Second Ave

647 Second AveNew York, NY 10016
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208-214 E 25th St
1 Bedroom Apartments

208-214 E 25th St

208-214 E 25th StNew York, NY 10010
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The Wilbraham
Studio to 3 Bedroom Apartments

The Wilbraham

284 Fifth AveNew York, NY 10001
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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220 E 24th St
Studio to 1 Bedroom Apartments

220 E 24th St

220 E 24th StNew York, NY 10010
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95 Lexington Ave
Studio Apartments

95 Lexington Ave

95 Lexington AveNew York, NY 10016
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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 ListingModel NameBed/BathPriced From
Plaza EastApartment 12GStudio,1BA$3,495
Wimbledon TowerSTUDIOStudio,1BA$3,500
534 3rd AveStudioStudio,1BA$3,600
WatersideSA Renovation 5Studio,1BA$3,623
230 East 30th StreetStudio, 1 BathStudio,1BA$3,950
Marquis ApartmentsMurray Hill Marquis - Studio One BathroomStudio,1BA$4,084
219 E 28th St2 bedroom2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
322 Second Ave3BR/1BA3BR,1BA$8.36
137 E 27th St, Unit 2G137 E 27th St1BR,1BA$5.90
141 E 29th St, Unit 22141 E 29th St2BR,1BA$6.49
202 E 22nd St, Unit 22F202 E 22nd St1BR,1BA$6.57
Windsor Court1 Bedroom / 1 Bathroom1BR,1BA$8.04
Wimbledon TowerSTUDIOStudio ,1BA$6.42
Marquis ApartmentsMurray Hill Marquis - Studio One BathroomStudio ,1BA$7.84
230 East 30th StreetStudio, 1 BathStudio ,1BA$7.90
236 E 30th St, Unit 2A236 E 30th StStudio ,1BA$6.60
300 E 30th St, Unit 2A300 E 30th StStudio ,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

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.

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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.

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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.

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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.

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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.