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Kips Bay Apartments for Rent

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Kips Bay


Kip’s Bay is an often overlooked Manhattan neighborhood, largely because it has an atmosphere that’s relaxed, residential and somewhat quiet. It is that sense of quiet and the lack of tourists that tends to draw people to this neighborhood, however. Kip’s Bay is bordered by some of the hottest neighborhoods in Manhattan including Midtown and the Flatiron District. Many of the premier areas of the city are within walking distance from Kip’s Bay and some of the most notable places to visit in the neighborhood itself include Modern Pinball NYC and the Asser Levy Recreation Center.


One of the reasons Kip’s Bay remains relatively less expensive than surrounding neighborhoods is because there is a lack of public transportation. It is fairly easy to leave the city thanks to the presence of the FDR to the east, and the Queens-Midtown Tunnel a few blocks away, but the nearest subway stations are on Park Avenue at 23rd, 28th, and 33rd Sts. Also an option is the MTA which offers bus service including the M1, M2, and M3 among others. Most people in the neighborhood tend to rely most heavily on walking and biking.

Rent Prices

Because of the lack of public transportation, prices in Kip’s Bay tend to be lower than the average for the rest of Manhattan. Rent can range anywhere from around $2,000 to $4,000 a month for a one-bedroom unit. Currently, the average for a one bedroom in the neighborhood is around $3,300, and for a two-bedroom unit that goes up the around $3,800. Larger units with three bedrooms or more have a rent price that’s typically more than $5,000.