Cheap Apartments for Rent in the Pelham Bay Park Neighborhood of Bronx, NY from $1,200 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Pelham Bay Park area of Bronx.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Buhre Arms
Studio to 1 Bedroom Apartments

Buhre Arms

2860 Buhre AveBronx, NY 10461
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1701 Parkview Ave
1 to 3 Bedroom Apartments

1701 Parkview Ave

1701 Parkview AveBronx, NY 10461
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2025 Continental Ave
1 to 2 Bedroom Apartments

2025 Continental Ave

2025 Continental AveBronx, NY 10461
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Hutchinson Arms
1 to 2 Bedroom Apartments

Hutchinson Arms

1632 Hutchinson River PkyBronx, NY 10461
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Pelham Terrace
Studio to 2 Bedroom Apartments

Pelham Terrace

1540 Pelham Pky SBronx, NY 10461
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Drake House
Studio to 3 Bedroom Apartments

Drake House

197-217 Drake AveNew Rochelle, NY 10805
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Drake Manor
1 to 2 Bedroom Apartments

Drake Manor

541 Pelham RdNew Rochelle, NY 10805
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Pelham Pointe
1 to 4 Bedroom Apartments

Pelham Pointe

720-730 Pelham RdNew Rochelle, NY 10805
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Lane Crest Apartments
1 to 2 Bedroom Apartments

Lane Crest Apartments

100 Lane Crest AveNew Rochelle, NY 10805
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-28, Page 1 of 1

Pelham Bay Park, Bronx, NY Local Guide

Cheapest Available Pelham Bay Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
The Equestrian At Pelham ParkwayStudioStudio,1BA$1,850

Best Value Apartments for Rent in Pelham Bay Park, NY

As of May 19, 2026 the best value apartment in the Pelham Bay Park area is the $2.05 price per square foot 1611 Research Ave Model at 1611 Research Ave, Unit 2 in the in the Pelham Bay Park neighborhood starting from $3,700. The second greatest value Pelham Bay Park apartment is the 1318 Mace Ave Model at 1318 Mace Ave, Unit 1 starting at $3,200 with a $2.91 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1611 Research Ave, Unit 21611 Research Ave3BR,2BA$2.05
1318 Mace Ave, Unit 11318 Mace Ave3BR,2BA$2.91
The Equestrian At Pelham ParkwayStudioStudio ,1BA$3.70

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Pelham Bay Park, Bronx, NY

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 $2,100, 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

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.

Helpful Local Expert Guides

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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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in NYC

Written by: Joshua Carlucci

New York City is more than just a destination—it’s a way of life, especially for students eager to dive into a melting pot of cultures, endless activities, and academic prestige.

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The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers

Written by: Joshua Carlucci

New York has a funny way of making your commute part of your identity.

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The Unofficial NYC Playbook: An Insiders Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps

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Every block of New York City feels like a stage set for daily life.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.