Cheap Homes for Rent in the Pelham Bay Neighborhood of Bronx, NY from $3,000 (9 Rentals)

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

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$2,5892 Bedroom Apartments Available Now

RAWLINS AVENUE, Unit 3

3226 Rawlins AveBronx, NY 10465

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$2,6002 Bedroom Apartments Available Now

1965 Hobart Ave, Unit 3

1965 Hobart AveBronx, NY 10461

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$2,7002 Bedroom Apartments Available Now

KEARNEY AVENUE

1395 Kearney AveBronx, NY 10465

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$3,0003 Bedroom Apartments Available Now

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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$3,058

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2823 La Salle Ave

BronxNY10461

$3,100

3 Bedroom, 2 Bath Rentals

Available Now

2207 Delanoy Ave, Unit 2

2207 Delanoy Ave

BronxNY10469

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$3,4503 Bedroom Apartments Available Now

GRISWOLD AVENUE, Unit 2

3216 Griswold AveBronx, NY 10465

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$3,8003 Bedroom Apartments Available Now

BENSON STREET, Unit 2

1512 Benson StBronx, NY 10461

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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$4,500

3 Bedroom, 1 Bath Home for Rent

Available Now

1522 Dwight Pl

BronxNY10465

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Pelham Bay, Bronx, NY Local Guide

How much does it cost to rent a home in Pelham Bay?

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Pelham Bay 2 Bedroom Homes for Rent	$3,058	$3,058	$3,058
Pelham Bay 3 Bedroom Homes for Rent	$4,200	$3,100	$4,600

Browse Homes for Rent in this Neighborhood

There are currently 9 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

Apartment Listing	Model Name	Bed/Bath	Priced From
The Equestrian At Pelham Parkway	Studio	Studio,1BA	$1,850
Pelham Residence	1 Bed \| Balcony \| End Unit	1BR,1BA	$2,700

Best Value Apartments for Rent in Pelham Bay, NY

As of July 12, 2026 the best value apartment in the Pelham Bay area is the $1.85 price per square foot 1529 Parker St Model at 1529 Parker St, Unit 1 in the in the Westchester Square neighborhood starting from $3,000. The second greatest value Pelham Bay apartment is the 2 Bed | 1 Bath - Furnished Model at Pelham Residence starting at $3,225 with a $4.96 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.
1529 Parker St, Unit 1	1529 Parker St	3BR,1BA	$1.85
Pelham Residence	2 Bed \| 1 Bath - Furnished	2BR,1BA	$4.96
The Equestrian At Pelham Parkway	Studio	Studio ,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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Quick Rent Budget Calculator

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.

Pet Friendly Lifestyle
Pelham Bay, Bronx, NY

Ranked #14

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

Frequently Asked Questions about Pelham Bay

What type of rentals are currently available in Pelham Bay?

There are currently 215 Apartments for Rent in Pelham Bay, NY with pricing that ranges from $1,850 to $4,150. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pelham Bay ranging from $3,058 to $4,600.

What is the current price range for Rental Homes in Pelham Bay?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pelham Bay ranges from $3,058 to $4,600 with an average monthly rent of $3,629.

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

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in NYC

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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.