Median rent for residential apartments in as of Feb, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
550 Manhattan apartments for rent
Kips Bay
This charming and convenient neighborhood of New York is close to a variety of schools and hospitals— and has lots of super apartments for rent. You can also find great views of the East River here. For a unique evening out, go to Modern Pinball NYC on Third Ave — they offer unlimited plays with a wristband, so you can get the high score of your dreams. Kips Bay is popular with young professionals.
Overview
Finding a quiet neighborhood at the heart of a big city is a rare luck. Congratulations! Kips Bay is exactly that – small, cozy, close to the bustle of the Big Apple yet able to keep its residential spirit untouched.
Starting its modern history in the 17th century as a Dutch settlement, today Kips Bay is a study in historic architecture. Its patchwork-style development has seen dead walls, new apartment towers, and concrete-and-glass office high-rises, broad avenues and back alleys never meant to be shown to the public. There’s even a brick-and-wood house on East 29th Street, which date of origin is somewhere between late 18th and early 19th centuries.
The rest of the area is evenly domestic and homey, with a soft nostalgia tinge lurking at every corner. Red brick houses and chain coffee shops like Starbucks are all over the place – just what you need to become a real New Yorker.
Business & Economy
Local businesses are tightly related to the New York University, a giant that centered its healthcare amenities in Kips Bay, New York: Tisch Hospital, Rusk Institute of Rehabilitation Medicine, Bellevue Hospital Center, and others. Retail and service are major in this small residential neighborhood, and it’s a good place for a start-up. Opening a business in Kips Bay, try to follow the local trend and include the neighborhood’s name in the title, just like Kips Bay Cleaners and Kips Bay Endoscopy Center did.
Demographics
Residential and peaceful, Kips Bay is rated by all respected sources as one of the best NYC neighborhoods: houses for rent in Kips Bay are great for families and millennials, the area is safe and diverse. The population consists of young, well-educated, working professionals – naturally, the property is mostly rented. The incomes are twice the national average, yet the apartments for rent in Kips Bay keep up, which drives away less affluent community. When here, remember: local community is comfortable and relaxed, and it highly values the peace and quiet of their neighborhood.
Transportation
The area is small, and so offers a lesser set of mass transit options. There are no subway stations within the boundaries of Kips Bay, but you can always take a short walk to the closest stops on Park Avenue. Instead, a number of buses run through the neighborhood, and Grand Central Terminal is not that far away if you’re a determinate walker. By the way, the waterfront of Kips Bay, New York, can take you on a pleasant stroll with a view on Long Island City and Greenpoint across East River.
Housing Trends
Kips Bay, New York, NY, USA Housing Trends
Average rent in Manhattan: $3,838 (+5.4%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| Studio rentals | $2,500 | -8.8% |
| 1 bed rentals | $3,116 | +3.9% |
| 2 bed rentals | $3,756 | +4% |
| 3 bed rentals | $4,379 | +6.2% |
| 4+ bed rentals | $4,663 | +8.3% |
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| Apartment rentals | $3,403 | +0.9% |
| Condo rentals | $5,554 | +7.2% |
| House rentals | $5,083 | +7.5% |
| Townhouse rentals | $3,367 | +6.3% |
| Loft rentals | $6,001 | -10.7% |
| Room rentals | $1,246 | +4.5% |
| Duplex rentals | $2,384 | -1.8% |
Over the Mar 2020, the average rent for an apartment in/near Kips Bay, Manhattan, New York, NY increased by 5.1% to $3643. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 3.8% to $2998. Pricing for 2-bed apartment also increased by 3.9% and a place of this size will now cost you $3611. 3-bed apartment rent pricing starts at $4121, it increased by 5.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 7.7% and made it up to $4306.
The median rent for an apartment in Kips Bay, Manhattan, New York, NY increased by 0.9% to $3374. Statistics show that house rent price increased by 7% this month making it up to $4728. Condos faced an upward trend these days. The median rent for a condo increased by 7.2%, it’s now available for $5554. You can now rent a duplex for $2384, duplex rent price decreased by 1.8% this month. The median rent for a loft faced changes as well, it decreased by 10.7%, the price tag now starts at $6001. An average room will now go for $1246, the median rent price for a room increased by 4.5%.
Finding Apartments in Kips Bay for Rent
Cozy residential areas in the middle of New York are rare; Kips Bay grows to be a desirable exception. If you own a dog or a cat, Kips Bay will welcome the both of you: the local community is more residential than you’d expect of a busy city like New York, and there are a lot of pet-friendly condos for rent in the neighborhood.
The busy Lower Manhattan and bustling Midtown full of locals and visitors are both nearby, and both offer near limitless opportunities just a step away from Kips Bay. This small neighborhood welcomingly opens its arms to the wide public: anyone can find the rooms for rent of their dreams. Young and mature, working professionals and medical students, diverse, energetic, or calm – the only demand is to be in love with life.
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