Cheap Apartments for Rent in the Pelham Bay Park Neighborhood of Bronx, NY from $1,500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pelham Bay Park area of Bronx.

1603 Yates Ave

The Equestrian At Pelham Parkway
Pelham Bay Park, Bronx, NY Local Guide

How much does it cost to rent an apartment in Pelham Bay Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pelham Bay Park Studio Apartments | $1,737 | $1,700 | $1,775 |
| Pelham Bay Park 1 Bedroom Apartments | $2,161 | $1,500 | $3,901 |
| Pelham Bay Park 2 Bedroom Apartments | $2,816 | $2,450 | $3,400 |
| Pelham Bay Park 3 Bedroom Apartments | $3,383 | $2,800 | $4,135 |
| Pelham Bay Park 4 Bedroom Apartments | $3,800 | $3,800 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Pelham Bay Park Neighborhood of Bronx, NY.
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Pelham Bay Park, Bronx, NY Local Guide
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Cheapest Available Pelham Bay Park Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Equestrian At Pelham Parkway | Studio | Studio,1BA | $1,700 |
Best Value Apartments for Rent in Pelham Bay Park, NY
As of November 10, 2025 the best value apartment in the Pelham Bay Park area is the $2.27 price per square foot 665 S 3rd Ave Model at 665 S 3rd Ave, Unit 3 in the in the Pelham Bay Park neighborhood starting from $2,500. The second greatest value Pelham Bay Park apartment is the Studio Model at The Equestrian At Pelham Parkway starting at $1,700 with a $3.40 price per square foot in the Pelham Bay Park neighborhood. Here is today’s list of the best values for Pelham Bay Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 665 S 3rd Ave, Unit 3 | 665 S 3rd Ave | 2BR,1BA | $2.27 |
| The Equestrian At Pelham Parkway | Studio | Studio ,1BA | $3.40 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePelham Bay Park, Bronx, NY
Ranked #85
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Pelham Bay Park, Bronx, NY
Ps 160 Walt Disney
School data provided by Great Schools
Frequently Asked Questions about Cheap Pelham Bay Park Apartments
What is the price of a cheap apartment in Pelham Bay Park?
The cheapest apartment in Pelham Bay Park is The Equestrian At Pelham Parkway which is listed at $1,875, while the average apartment in Pelham Bay Park costs $3,800.
What types of apartments are the cheapest in Pelham Bay Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Pelham Bay Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The 10 Best Affordable Neighborhoods for Renting in New York City
Written by: Joshua Carlucci
New York City is the city that never sleeps, but it’s also the city that’s often synonymous with sky-high rents and steep living costs. That said, if you’re like many of us at ApartmentHomeLiving.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.












