Kips Bay

Manhattan

Kips Bay runs along the East 20s and 30s between Murray Hill and the river, a practical, residential neighborhood built around postwar apartment complexes. Housing is largely mid-century rental, from studios to larger units in big elevator buildings, at rents below much of Midtown and downtown. It is quiet, convenient, and value-minded.

Explore Kips Bay Listings →

Photo: Famartin (CC BY-SA 4.0)

The Lay Of The Land

Kips Bay occupies the East Side from the upper 20s into the low 30s, between roughly Lexington and the East River. It is an unflashy, residential neighborhood defined by its large postwar apartment complexes and by the major hospitals and medical campus along First Avenue. The streets are calm and practical, oriented to the people who live and work there rather than to visitors.

The housing leans mid-century and rental. Big elevator buildings and complexes like Kips Bay Towers and Waterside Plaza hold a deep supply of studios through larger apartments, often with doormen and in-building amenities, at rents that generally run below the West Side and the more central East Side neighborhoods. Older brick walk-ups fill the side streets toward Third Avenue.

Transit is thinner than its neighbors, which helps keep prices in check. The 6 runs under Lexington on the western edge, and the crosstown buses and the proximity to Grand Central a few blocks north handle the rest, so the commute works even without a train through its eastern blocks.

The waterfront esplanade along the East River, the shops and movie theater on Second Avenue, and the everyday retail of the area give it a settled rhythm. Kips Bay suits someone who wants space and a doorman building at a relative discount, who values a quiet, convenient East Side base over a central or lively one.

Market Pulse

What renting in Kips Bay looks like right now, from listings active on Sidewalk.

Median asking rent$5,020/moup $345 vs Oct 2026
Active listings99on Sidewalk today
Days on market23median, listings leaving in the last 90 days
Studio$3,665/mo median1 BR$4,700/mo median2 BR$6,890/mo median3 BR$9,954/mo median
Median asking rent by bedroom, Jun to NovEach month, the median of what listings on the market that month were asking, from their price history on Sidewalk.
$0$2.5k$5k$7.5k$10k$12.5kJunJulAugSepOctNov
  • Studio$3,665/mo
  • 1 BR$4,750/mo
  • 2 BR$6,635/mo
  • 3+ BR$10,495/mo
  • Hollow: fewer than 5 listings that month

Asking rents among listings active on Sidewalk, updated November 14.

Nearby restaurants

A taste of where to eat around Kips Bay.

Buildings In Kips Bay

64 total

Live Listings In Kips Bay

View all