Average Rent in Kips Bay, New York, NY

Current Versus Historical Kips Bay, New York, NY Rents

Kips Bay rentals average $3,845 for a studio rental to $10,000 for a 4-bedroom rental. The median price of all currently available listings is $4,995, or roughly $8 per square feet.

For the apartment units and housing in July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $228 (6.61%) year-over-year from $3,457 to $3,685. 1-bedroom rentals prices have decreased by $165 (-4.06%) year-over-year from $4,060 to $3,895. 2-bedroom rentals prices have increased by $333 (6.72%) year-over-year from $4,962 to $5,295. 3-bedroom rentals prices have decreased by $705 (-9.16%) year-over-year from $7,700 to $6,995. 4-bedroom rentals prices have decreased by $3 (-0.02%) year-over-year from $10,003 to $10,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 4.46% this month. 1-bedroom rents have gone down by 0.51% this month. 2-bedroom rents have gone up by 3.93% this month. 3-bedroom rents have gone up by 5.77% this month. 4-bedroom rents have gone down by 0.99% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$7.88	$3,685	$3,457 (6.61%)	$2,630 (40.11%)
1 BR	$7.64	$3,895	$4,060 (-4.06%)	$3,272 (19.05%)
2 BR	$7.47	$5,295	$4,962 (6.72%)	$3,870 (36.82%)
3 BR	$8.23	$6,995	$7,700 (-9.16%)	$5,642 (23.99%)
4+ BR	$8.26	$10,000	$10,003 (-0.02%)	$7,101 (40.83%)

Historical Rents in Kips Bay, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Kips Bay

There are a total of 15 cities nearby Kips Bay. The average rent in Kips Bay is currently $3,179 per month. A total of 14 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near Kips Bay, New York, NY is Ocean Beach, NY. Monthly rents here are on average $8,000 per month.

Let's compare Kips Bay, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Kips Bay, New York, NY is 51.89% more expensive than other cities nearby. One bedrooms are about 44.45% more expensive. Two bedrooms in Kips Bay, New York, NY are about 34.99% more expensive. Finally, rent for three bedrooms are about 43.70% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near Kips Bay, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Paterson, NJ	$1,850	$1,850	$2,100	$2,250
Newark, NJ	$1,800	$1,675	$2,050	$2,300
Elizabeth, NJ	N/A	$1,900	$2,200	$2,525
Fort Lee, NJ	$1,900	$2,375	$3,505	$2,848
Jersey City, NJ	$2,390	$3,271	$3,475	$3,179
Yonkers, NY	$2,100	$2,598	$3,400	$3,290
Cliffside Park, NJ	N/A	$2,050	$3,975	$3,600
New York, NY	$3,585	$4,354	$5,295	$4,495
New Rochelle, NY	$2,250	$3,030	$4,690	$4,500
Long Beach, NY	$2,400	$3,300	$3,800	$4,500

Top Neighborhoods Near Kips Bay

There are a total of 51 neighborhoods in or near Kips Bay. Some of these neighborhoods include NoHo, Brooklyn Heights, and Upper East Side. We've included the top 30 neighborhoods out of 51 total neighborhoods in or near Kips Bay, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Kips Bay, New York, NY is currently around $4,434 per month. A total of 37 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Kips Bay, East Side has the most affordable average rent at $2,201 per month. Whereas, at $8,000 average rent per month, Ocean Beach is the most expensive neighborhood in or near Kips Bay. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
NoHo, New York, NY	$3,950	$4,125	$7,350	$4,075
Brooklyn Heights, New York, NY	$3,348	$4,100	$4,900	$4,154
Upper East Side, New York, NY	$2,900	$3,600	$5,000	$4,195
Long Island City, New York, NY	$3,365	$4,125	$6,150	$4,195
Flatiron District, New York, NY	$4,100	$5,900	$10,500	$4,200
Bowery, New York, NY	$2,800	$3,450	$4,798	$4,300
Financial District, New York, NY	$3,695	$4,720	$6,780	$4,420
Murray Hill, New York, NY	$3,400	$4,595	$7,407	$4,495
Downtown Brooklyn, New York, NY	$3,484	$4,350	$6,000	$4,500
West Village, New York, NY	$3,995	$4,650	$7,445	$4,550
Hell's Kitchen, New York, NY	$3,700	$4,500	$5,885	$4,595
NoLita, New York, NY	$3,390	$4,495	$6,495	$4,595
Midtown East, New York, NY	$3,400	$4,475	$6,361	$4,625
Greenwich Village, New York, NY	$4,100	$5,095	$4,395	$4,800
Midtown South, New York, NY	$3,700	$4,800	$5,050	$4,850
Midtown, New York, NY	$3,523	$4,750	$6,995	$4,968
Greenpoint, New York, NY	$2,979	$4,000	$5,200	$4,973
Williamsburg, New York, NY	$3,947	$4,699	$5,200	$5,000
Little Italy, New York, NY	$3,900	$5,000	$5,495	$5,200
East Village, New York, NY	$2,700	$3,850	$5,200	$5,295
Hudson Yards, New York, NY	$3,590	$5,000	$7,600	$5,300
SoHo, New York, NY	$3,850	$4,850	$5,400	$5,400
Chelsea, New York, NY	$4,123	$5,476	$8,000	$5,405
Gramercy Park, New York, NY	$3,725	$4,895	$5,495	$5,495
Battery Park City, New York, NY	$4,110	$5,209	$7,250	$5,750
NoMad, New York, NY	$4,395	$5,663	$8,123	$5,781
Lower East Side, New York, NY	$2,625	$4,195	$5,295	$5,995
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$5,057	$6,054	$6,100
DUMBO, New York, NY	$3,873	$5,158	$7,034	$6,488
Tribeca, New York, NY	$4,500	$5,999	$8,340	$7,195

Top Counties Near Kips Bay

There are a total of 51 counties located by Kips Bay, New York, NY. Some of these counties include Newark, NJ, Bloomfield, NJ, and Elizabeth, NJ. The average rent for rentals in these counties is $3,500. That's roughly around $3 per sqft. A total of 26 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,900. Vice versa, with an average rent of $5,000, Islip, NY is the most expensive county by Kips Bay, New York, NY.

Typically, rent for studios in Kips Bay, New York, NY is 50.59% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Kips Bay, New York, NY is 35.26% more expensive than other counties nearby. Finally, rent for two bedrooms in Kips Bay, New York, NY is 34.99% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Newark, NJ	$1,800	$1,675	$2,050	$2,300
Bloomfield, NJ	N/A	$1,750	$2,300	$2,425
Elizabeth, NJ	N/A	$1,900	$2,200	$2,525
Fort Lee, NJ	$1,900	$2,375	$3,505	$2,848
Jersey City, NJ	$2,390	$3,271	$3,475	$3,179
Bronx, New York, NY	$2,491	$2,625	$3,200	$3,200
Queens, New York, NY	$2,919	$3,100	$3,702	$3,500
Cliffside Park, NJ	N/A	$2,050	$3,975	$3,600
Brooklyn, New York, NY	$3,500	$3,893	$4,200	$4,000
Manhattan, New York, NY	$3,600	$4,495	$5,599	$4,698

Top Zipcodes Near Kips Bay

There are a total of 44 zipcodes in or near Kips Bay, New York, NY. The average rent for all of these zipcodes is $4,596. A total of 34 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11226, New York, NY at $3,210 per month. In comparison, the zipcode with the most expensive average rent of $7,800 per month is 11770, Ocean Beach, NY.

Studios in these zipcodes have an average rent of $3,425. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Kips Bay, New York, NY is $4,390 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,550 per month. Which comes out to $7 per sqft. The following chart includes the top 10 zipcodes in Kips Bay, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10016, New York, NY	$3,550	$4,384	$5,799	$4,850
10010, New York, NY	$3,955	$4,878	$5,395	$4,995
10009, New York, NY	$2,660	$3,798	$5,250	$5,295
10003, New York, NY	$3,900	$4,845	$5,250	$5,070
10017, New York, NY	$3,300	$4,475	$7,816	$4,595
10022, New York, NY	$3,450	$4,650	$6,250	$4,800
10001, New York, NY	$4,207	$5,422	$8,040	$5,440
10012, New York, NY	$3,800	$4,495	$6,495	$4,495
10011, New York, NY	$3,925	$5,423	$8,258	$4,750
10036, New York, NY	$3,500	$4,600	$6,500	$4,713

Frequently Asked Questions - Kips Bay Average Rents

What is the average rent price in Kips Bay, New York, NY?

The average monthly rental price for Kips Bay, New York, NY apartments for rent is approximately $4,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Kips Bay, New York, NY rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Kips Bay, New York, NY.

How much is a studio apartment in Kips Bay, New York, NY?

The average monthly rental price for studio apartments is $3,845 and an average price per square feet of $7.88. There are a total of 125 studio apartment listings currently available for rent in Kips Bay.

How much is a one bedroom apartment in Kips Bay, New York, NY?

The average monthly rental price for one bedroom apartments is $4,070 and an average price per square feet of $7.64. There are a total of 365 one bedroom apartment listings currently available for rent in Kips Bay.

How much is a two bedroom apartment in Kips Bay, New York, NY?

The average monthly rental price for two bedroom apartments is $5,345 and an average price per square feet of $7.47. There are a total of 290 two bedroom apartment listings currently available for rent in Kips Bay.

How have rent prices in Kips Bay, New York, NY changed this year?

Rent prices for rentals in Kips Bay, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.07%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by -0.09% year-over-year.

What is a reasonable rent price in Kips Bay, New York, NY?

A reasonable rent price in Kips Bay, New York, NY is around $3,996/month. You can search for these reasonably priced rental listings on RentHop.