Average Rent in Kips Bay, New York, NY and Rent Price Trends

Rent price summary for
Kips Bay, New York, NY

As of September 2025, the median rent for all bedroom counts and property types in Kips Bay, New York, NY is $4,998. This is +153% higher than the national average.

$10.86

average price per square foot

Median rent

$4,998

over the previous yearvs previous year

Total rentals

156

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Kips Bay, New York, NY is $4,998. This is +153% higher than the national average.

$10.86

average price per square foot

Rent ranges

33%

30%

$0-$1,500$0 - $1,500

$1,501-$3,000$1,501 - $3,000

$3,001-$4,500$3,001 - $4,500

$4,501-$6,000$4,501 - $6,000

$6,001-$50,000$6,001 - $50,000

Households

78%

22%

Renter-occupied

Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent comparables in
Kips Bay, New York, NY
The monthly rent for an apartment in Kips Bay, New York, NY is $5,160. A 1-bedroom apartment in Kips Bay, New York, NY costs about $4,490 on average, while a 2-bedroom apartment is $5,490.


1 bedroom	$4,400	2%	4%
2 bedroom	$5,495	6%	9%
3 bedroom	$7,750	1%	30%
4 bedroom	$9,975	No Change	16%
Studio	$3,590	No Change	6%

		Comparables
Gramercy Park	$6,495
Greenpoint	$4,771
Lower East Side	$5,450
Murray Hill	$5,110
Theater District	$5,318
Williamsburg	$4,700

				Comparables
Apartments	$5,160	2%	No Change
Condos	$4,250	38%	No Change

Studio

Average rent

$3,590

Last 30 days

No Change

Last year

1 bedroom

Average rent

$4,400

Last 30 days

Last year

2 bedroom

Average rent

$5,495

Last 30 days

Last year

3 bedroom

Average rent

$7,750

Last 30 days

Last year

30%

4 bedroom

Average rent

$9,975

Last 30 days

No Change

Last year

16%

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.

Compare rent prices in Kips Bay, New York, NY to other neighborhoods

Median rent prices in Kips Bay, New York, NY for all bedroom counts and property types compared to Gramercy Park, New York, NY.

Kips Bay

Median rent price$4,998

153%

higher than the national median

Median rent price$6,495

229%

higher than the national median

Takeaway

The median rent for all rentals in Kips Bay, New York, NY is 23% lower than the median rent in Gramercy Park, New York, NY.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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