Last updated on September 17, 2026

Average rent in
Kips Bay, New York, NY

Median rent

Median rent in Kips Bay

$5,150/mo

increased by3%

vs previous year

The average rent in Kips Bay is $5,150 per month as of September 2026. This is 171% above the national average rent, or $3,250 more per month.

$12.41

average price per square foot

Total rentals

Available rentals in Kips Bay

114

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Kips Bay rentals at each price point

35%26%18%9%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Kips Bay, New York, NY

Average rent prices in Kips Bay have remained the same over the last month and have increased by 3% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Kips Bay, New York, NY

Rent prices in Kips Bay vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Kips Bay is $5,200, whereas a house costs $3,495. 1-bedroom apartments in Kips Bay run $4,550 on average, while 2-bedroom apartments are $5,495.

Listings

Studio

$3,520

No Change

6%

1 bedroom

$4,500

1%

No Change

2 bedroom

$5,495

3%

5%

3 bedroom

$7,497

2%

8%

4 bedroom

$10,850

2%

12%

Studio

Average rent

$3,520

Last 30 days

No Change

Last year

6%

1 bedroom

Average rent

$4,500

Last 30 days

1%

Last year

No Change

2 bedroom

Average rent

$5,495

Last 30 days

3%

Last year

5%

3 bedroom

Average rent

$7,497

Last 30 days

2%

Last year

8%

4 bedroom

Average rent

$10,850

Last 30 days

2%

Last year

12%

The table above reflects average rent prices in Kips Bay, New York, NY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Kips Bay, New York, NY compare to other neighborhoods?

Compare median rent prices in Kips Bay and Gramercy Park by all bedroom counts and property types.

Kips Bay

Median rent price$5,150
increased by171%

higher than the national median

Median rent price$6,775
increased by257%

higher than the national median

Takeaway

The median rent for all rentals in Kips Bay, New York, NY is 24% lower than the median rent in Gramercy Park, New York, NY.

Discover rentals in Kips Bay, New York, NY

209 East 25th Street - Photo 1 of 1
3D tour

3h ago

9.9

Excellent

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209 East 25th Street

209 E 25th St #1616, New York, NY 10010

1–2 beds

1 bath

$4,150–$4,170

331 E 33rd St #2A - Photo 1 of 1

5d+ ago

Kips Bay condo for rent in New York

E 30th St #14C - Photo 1 of 1

1d ago

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Verified

Waterside Plz #4023E - Photo 1 of 1

1d ago

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Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Kips Bay, New York, NY

Quick answers to common questions about the Kips Bay rental market.

How much is rent in Kips Bay?

The average rent in Kips Bay is $5,150 per month as of September 12, 2026.

Is rent up or down in Kips Bay?

Average rent prices in Kips Bay have remained the same over the last month and have increased by 3% since last year.

How does Kips Bay rent compare to the national average?

Rent in Kips Bay is 171% above the national average, which means renters are paying approximately $3,250 more per month.

What salary do I need to afford rent in Kips Bay?

To comfortably afford rent in Kips Bay, you'd need to earn approximately $206,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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