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Cheap Apartments for Rent in the Pelham Bay Neighborhood of Bronx, NY from $900 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pelham Bay area of Bronx.
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from $1,700Studio to 2 Bedroom Apartments Available Now
The Equestrian At Pelham Parkway
1680 Pelham Pkwy SBronx, NY 10461
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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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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Pelham Bay, Bronx, NY Local Guide
How much does it cost to rent an apartment in Pelham Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pelham Bay Studio Apartments | $1,781 | $1,550 | $2,100 |
| Pelham Bay 1 Bedroom Apartments | $2,451 | $1,875 | $2,850 |
| Pelham Bay 2 Bedroom Apartments | $2,912 | $2,200 | $3,800 |
| Pelham Bay 3 Bedroom Apartments | $3,427 | $2,700 | $4,300 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Pelham Bay Neighborhood of Bronx, NY.
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Pelham Bay, Bronx, NY Local Guide
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Cheapest Available Pelham Bay Apartments for Rent
The cheapest available apartment rental in the Pelham Bay area of New York, NY is a Studio unit found at The Equestrian At Pelham Parkway priced from $1,700. Parkchester has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,400. Here are the most affordable Pelham Bay apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Equestrian At Pelham Parkway | Studio | Studio,1BA | $1,700 |
| Parkchester | 1 Bedroom | 1BR,1BA | $2,400 |
| Pelham Residence | 1 Bed | Balcony | End Unit | 1BR,1BA | $2,800 |
Best Value Apartments for Rent in Pelham Bay, NY
As of June 11, 2025 the best value apartment in the Pelham Bay area is the $2.65 price per square foot 1560 Hutchinson River Pky Model at 1560 Hutchinson River Pky, Unit Second Floor in the in the Pelham Bay Park neighborhood starting from $2,650. The second greatest value Pelham Bay apartment is the 1 Bedroom Model at Parkchester starting at $2,400 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 apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1560 Hutchinson River Pky, Unit Second Floor | 1560 Hutchinson River Pky | 2BR,1BA | $2.65 |
| Parkchester | 1 Bedroom | 1BR,1BA | $3.40 |
| Pelham Residence | 1 Bed | Balcony | End Unit | 1BR,1BA | $4.67 |
| The Equestrian At Pelham Parkway | Studio | Studio ,1BA | $3.40 |
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Pet Friendly LifestylePelham Bay, Bronx, NY
Ranked #61
Among neighborhoods in Bronx, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Pelham Bay Apartments
What is the price of a cheap apartment in Pelham Bay?
The cheapest apartment in Pelham Bay is The Equestrian At Pelham Parkway which is listed at $1,875, while the average apartment in Pelham Bay costs $5,412.
What types of apartments are the cheapest in Pelham Bay?
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 5 regular apartments in Pelham Bay that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Pelham Bay?
Cheap apartments in Pelham Bay have an average cost of $838 which is $4,574 cheaper than the average rent for all rentals in Pelham Bay.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.