Cheap Apartments for Rent in the Kips Bay Neighborhood of New York, NY from $1,000 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Kips Bay area of New York.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 | $4,272 | $3,195 | $10,000+ |
| Kips Bay 1 Bedroom Apartments | $4,991 | $3,130 | $10,000+ |
| Kips Bay 2 Bedroom Apartments | $6,245 | $3,490 | $10,000+ |
| Kips Bay 3 Bedroom Apartments | $7,314 | $4,995 | $10,000+ |
| Kips Bay 4 Bedroom Apartments | $9,402 | $7,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 29 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 Marquis Apartments priced from $3,236. View 34 has the second lowest priced unit, which is a Studio apartment currently listed from $3,416. Here are the most affordable Kips Bay apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Marquis Apartments | Murray Hill Marquis - Studio One Bathroom | Studio,1BA | $3,236 |
| View 34 | Studio E1A | Studio,1BA | $3,416 |
| Waterside | SB Renovation 2 | Studio,1BA | $3,418 |
| 534 3rd Ave | Studio | Studio,1BA | $3,550 |
| Wimbledon Tower | STUDIO | Studio,1BA | $3,600 |
| Windsor Court | Studio / 1 Bathroom | Studio,1BA | $4,080 |
Best Value Apartments for Rent in Kips Bay, NY
As of November 06, 2025 the best value apartment in the Kips Bay area is the $6.67 price per square foot 149 E 29th St Model at 149 E 29th St, Unit 3J in the in the Gramercy-Flatiron neighborhood starting from $6,000. The second greatest value Kips Bay apartment is the Flex 2 BR Model at 205 East 31st Street starting at $4,550 with a $5.35 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. |
|---|---|---|---|
| 149 E 29th St, Unit 3J | 149 E 29th St | 3BR,2BA | $6.67 |
| 205 East 31st Street | Flex 2 BR | 2BR,1BA | $5.35 |
| 250 3rd Ave, Unit 2 | 250 3rd Ave | 1BR,1BA | $4.12 |
| 247 E 35th St, Unit 9D | 247 E 35th St | 2BR,1BA | $6.40 |
| 141 E 29th St, Unit 22 | 141 E 29th St | 2BR,1BA | $6.14 |
| 202 E 22nd St, Unit 22F | 202 E 22nd St | 1BR,1BA | $6.57 |
| 218 E 32nd St, Unit 2C | 218 E 32nd St | 2BR,1BA | $5.94 |
| 126 E 35th St, Unit 2 | 126 E 35th St | 2BR,1BA | $6.38 |
| 224 E 32nd St, Unit 3G | 224 E 32nd St | Studio ,1BA | $6.60 |
| 236 E 30th St, Unit 2A | 236 E 30th St | Studio ,1BA | $6.60 |
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 $4,080.
What is the price of a cheap apartment in Kips Bay?
The cheapest apartment in Kips Bay is Waterside which is listed at $3,988, while the average apartment in Kips Bay costs $8,500.
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 12 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 $1,008 which is $7,492 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.




























