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

Rent price trends in
Kips Bay, New York, NY

Rent price trends

Rent prices for all bedroom counts and property types in Kips Bay, New York, NY have decreased by 12% in the last month and have increased by 15% in the last year.

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

Rent comparables in
Kips Bay, New York, NY
The monthly rent for an apartment in Kips Bay, New York, NY is $5,541. A 1-bedroom apartment in Kips Bay, New York, NY costs about $5,340 on average, while a 2-bedroom apartment is $6,598. Houses for rent in Kips Bay, New York, NY are more expensive, with an average monthly cost of $5,995.


1 bedroom	$5,330	17%	29%
2 bedroom	$6,628	17%	25%
3 bedroom	$7,995	20%	15%
4 bedroom	$9,495	29%	15%
Studio	$4,362	20%	6%

		Comparables
Gramercy Park	$6,500
Greenpoint	$4,500
Lower East Side	$5,995
Murray Hill	$4,815
Theater District	$5,267
Williamsburg	$4,200


Apartments	$5,541	14%	No Change
Condos	$5,400	6%	No Change
Houses	$5,995	45%	-

Studio

Average rent

$4,362

Last 30 days

20%

Last year

1 bedroom

Average rent

$5,330

Last 30 days

17%

Last year

29%

2 bedroom

Average rent

$6,628

Last 30 days

17%

Last year

25%

3 bedroom

Average rent

$7,995

Last 30 days

20%

Last year

15%

4 bedroom

Average rent

$9,495

Last 30 days

29%

Last year

15%

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$5,540

184%

higher than the national median

Median rent price$6,500

233%

higher than the national median

Takeaway

The median rent for all rentals in Kips Bay, New York, NY is 15% 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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