Last updated on August 2, 2026

Average rent in
Kips Bay, New York, NY

Median rent

Median rent in Kips Bay

$5,300/mo

increased by8%

vs previous year

The average rent in Kips Bay is $5,300 per month as of August 2026. This is 173% above the national average rent, or $3,360 more per month.

$14.63

average price per square foot

Total rentals

Available rentals in Kips Bay

138

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Kips Bay rentals at each price point

40%30%20%10%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 increased by 1% over the last month and have increased by 8% 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 $5,327, whereas a house costs $3,495. 1-bedroom apartments in Kips Bay run $4,656 on average, while 2-bedroom apartments are $5,895.

Listings

Studio

$3,800

6%

3%

1 bedroom

$4,550

1%

8%

2 bedroom

$5,995

3%

10%

3 bedroom

$7,997

6%

26%

4 bedroom

$11,296

4%

6%

Studio

Average rent

$3,800

Last 30 days

6%

Last year

3%

1 bedroom

Average rent

$4,550

Last 30 days

1%

Last year

8%

2 bedroom

Average rent

$5,995

Last 30 days

3%

Last year

10%

3 bedroom

Average rent

$7,997

Last 30 days

6%

Last year

26%

4 bedroom

Average rent

$11,296

Last 30 days

4%

Last year

6%

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$5,300
increased by173%

higher than the national median

Median rent price$6,750
increased by248%

higher than the national median

Takeaway

The median rent for all rentals in Kips Bay, New York, NY is 21% lower than the median rent in Gramercy Park, New York, NY.

Discover rentals in Kips Bay, New York, NY

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

5d+ ago

Kips Bay condo for rent in New York

Condo for rent

E 30th St #3C - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

Apartment for rent

E 27th St #17 - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

Apartment for rent

Waterside Plz #3036B - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

Apartment for rent

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 $5,300 per month as of August 1, 2026.

Is rent up or down in Kips Bay?

Average rent prices in Kips Bay have increased by 1% over the last month and have increased by 8% since last year.

How does Kips Bay rent compare to the national average?

Rent in Kips Bay is 173% above the national average, which means renters are paying approximately $3,360 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 $212,000/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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