View 34
401 E 34th St,
New York, NY 10016
$3,643 - $9,154
Studio - 3 Beds
Nestled alongside the East River in Manhattan, Kips Bay is a quiet, laidback enclave surrounded by vibrant, bustling neighbors. Residents have their pick of classic red-brick apartments, luxury condos, and charming townhouses available for rent throughout the neighborhood.
Known as a hub for medical care, Kips Bay is home to five major hospitals clustered on First Avenue. Numerous low-key restaurants, bars, and shops are scattered throughout the area as well, balancing Kips Bay’s residential feel with urban convenience.
Sandwiched between Murray Hill and Gramercy Park, Kips Bay sits within walking distance of endless metropolitan amenities. Residents enjoy a peaceful home environment without sacrificing access to all that Manhattan has to offer.
Bella Union is a local favorite of Kips Bay.
Bellevue South Park: Kips Bay's lush green oasis.
The riverfront in Kips Bay is used for travel along the East River.
As of May 2026, the average apartment rent in Kips Bay is $3,337 for a studio, $4,163 for one bedroom, $5,848 for two bedrooms, and $8,083 for three bedrooms. Apartment rent in Kips Bay has increased by 1.1% in the past year.
Studio
457 sq ft
Average Sq Ft
$3,337/month
Average Rent
1 BR
603 sq ft
Average Sq Ft
$4,163/month
Average Rent
2 BR
760 sq ft
Average Sq Ft
$5,848/month
Average Rent
3 BR
952 sq ft
Average Sq Ft
$8,083/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Kips Bay - New York, NY is for everyday living.
Exceptionally Walkable
Walkability
Exceptional Public Transit
Transit
Fairly Drivable
Drivability
Very Bikeable
Bikeability
In Kips Bay - New York, NY, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
Exceptional Restaurant Variety Nearby
Restaurants
Exceptional Café Variety Nearby
Cafes
Exceptional Variety of Shops Nearby
Shopping
Kips Bay - New York, NY provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
Exceptional Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Kips Bay - New York, NY from everyday activity to noise and nightlife.
Exceptionally Vibrant Atmosphere
Vibrancy
Exceptional Nightlife Variety Nearby
Nightlife
Fairly Noisy
Quiet Score
Current Resident
5 years and 10 months ago•Niche Review
Kips Bay is a quiet and affordable neighborhood in Manhattan just east of the Flatiron Building. I've lived in my current apartment for 3 years and while the pandemic has definitely made the neighborhood a little rougher, it's still one of my favorite places in New York City. There are ample restaurants and bars to choose from, and it's convenient to a few different trains and busses.
Current Resident
6 years and 4 months ago•Niche Review
Hospitals everywhere. Too much traffic and no good stores. No highly priced apartments. Too much of an urban feel . It honestly is bad!!!!!!!!!
Works Here
8 years and 7 months ago•Niche Review
Kips Bay is a fast-paced environment with loads of diversity. You can meet people from all over the world.Literally.
Niche User
9 years and 10 months ago•Niche Review
It's very nice and very comfortable.
3,502
Communities
963,654
Units
892
Cities
709
Communities
196,250
Units
336
Cities
651
Communities
180,207
Units
259
Cities
607
Communities
121,784
Units
242
Cities
568
Communities
126,686
Units
219
Cities
452
Communities
107,739
Units
226
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.