154 E 28th St
New YorkNY10016
Cheap Apartments for Rent in the Kips Bay Neighborhood of New York, NY from $1,000 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Kips Bay area of New York.
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New York's Best Affordable Neighborhoods
Learn about New York and the best places to live with original content written by our Local Expert Joshua Carlucci
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Rent Specials
from $2,490Studio to 2 Bedroom Apartments Available Now
2-21 Malt Drive Apartments
2-20 Malt DrLong Island City, NY 11101
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Rent Specials
from $2,507Studio to 2 Bedroom Apartments Available Now
Hoboken Point
100 Harbor BlvdWeehawken, NJ 07086
Showing Results 1-30, Page 1 of 1
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 | $3,978 | $2,490 | $10,000+ |
| Kips Bay 1 Bedroom Apartments | $4,529 | $2,495 | $8,580 |
| Kips Bay 2 Bedroom Apartments | $5,997 | $3,486 | $10,000+ |
| Kips Bay 3 Bedroom Apartments | $7,794 | $4,733 | $10,000+ |
| Kips Bay 4 Bedroom Apartments | $7,882 | $6,895 | $9,000 |
Browse Apartments in this Neighborhood
There are currently 30 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 2-21 Malt Drive Apartments priced from $2,490. Newport Rentals has the second lowest priced unit, which is a Studio apartment currently listed from $2,680. Here are the most affordable Kips Bay apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2-21 Malt Drive Apartments | Lottery Studio | Studio,1BA | $2,490 |
| Newport Rentals | PARKSIDE EAST - Studio One Bathroom | Studio,1BA | $2,680 |
| Halletts Point | 10 HLP - Studio/1 Bath | Studio,1BA | $2,761 |
| 226 East 36 Street | Studio, 1 Bath | Studio,1BA | $2,900 |
| Wimbledon Tower | STUDIO | Studio,1BA | $2,995 |
| The Bold | S02 | Studio,1BA | $3,287 |
| 534 3rd Ave | Studio | Studio,1BA | $3,350 |
| The Greenpoint | T.1005/T.1105-T.2705 | Studio,1BA | $3,815 |
Best Value Apartments for Rent in Kips Bay, NY
As of March 28, 2025 the best value apartment in the Kips Bay area is the $3.25 price per square foot 182 Lexington Ave Model at 182 Lexington Ave, Unit 2 in the in the Gramercy-Flatiron neighborhood starting from $6,500. The second greatest value Kips Bay apartment is the 163 E 33rd St Model at 163 E 33rd St, Unit 4A starting at $6,895 with a $5.00 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. |
|---|---|---|---|
| 182 Lexington Ave, Unit 2 | 182 Lexington Ave | 3BR,2BA | $3.25 |
| 163 E 33rd St, Unit 4A | 163 E 33rd St | 4BR,2BA | $5.00 |
| Hoboken Point | B3 | 2BR,2BA | $6.08 |
| 165 E 33rd St, Unit 4R | 165 E 33rd St | 2BR,1BA | $5.87 |
| 137 E 27th St, Unit 2G | 137 E 27th St | 1BR,1BA | $5.39 |
| 131 E 29th St, Unit 2B | 131 E 29th St | 2BR,1BA | $5.30 |
| 231 E 35th St, Unit 22 | 231 E 35th St | 2BR,1BA | $5.35 |
| 202 E 22nd St, Unit 22F | 202 E 22nd St | 1BR,1BA | $6.14 |
| Wimbledon Tower | STUDIO | Studio ,1BA | $5.85 |
| 2-21 Malt Drive Apartments | Lottery Studio | Studio ,1BA | $4.98 |
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 $3,815.
What is the price of a cheap apartment in Kips Bay?
The cheapest apartment in Kips Bay is 2-21 Malt Drive Apartments which is listed at $2,890, while the average apartment in Kips Bay costs $7,625.
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 4 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 $118 which is $7,507 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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.