Cheap Homes for Rent in the South Bronx Neighborhood of Bronx, NY from $1,200 (3 Rentals)

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

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property at 315 E 163rd St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Townhome for Rent

Available Now

315 E 163rd St, Unit 1

315 E 163rd St
BronxNY10451

South Bronx, Bronx, NY Local Guide

Best Value Apartments for Rent in South Bronx, NY

As of August 28, 2026 the best value apartment in the South Bronx area is the $3.60 price per square foot 667 E 165th St Model at 667 E 165th St, Unit 1 in the in the East Concourse neighborhood starting from $3,600. The second greatest value South Bronx apartment is the 1618 Melville St Model at 1618 Melville St, Unit 1618 Melville 2nd Floor starting at $2,100 with a $2.10 price per square foot in the Pelham Parkway neighborhood. Here is today’s list of the best values for South Bronx apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
667 E 165th St, Unit 1667 E 165th St3BR,1BA$3.60
1618 Melville St, Unit 1618 Melville 2nd Floor1618 Melville St2BR,1BA$2.10
Estela PropertiesModern 22BR,2BA$5.33
317 E 169th St, Unit 2317 E 169th St3BR,1.5BA$3.99
1379 Bronx River Ave Inc3BR/1.0BA3BR,1BA$4.21
507 W 173rd St, Unit Great 2br Apt near train507 W 173rd St2BR,1BA$3.81
783 Elton Ave, Unit 2783 Elton Ave1BR,1BA$2.67
Third at Bankside1G1BR,1BA$5.47
Sheridan PlazaApartment 05GStudio ,1BA$3.60
120 E 144th St1 Bedroom - #11101BR,1BA$5.12

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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Pet Friendly Lifestyle
South Bronx, Bronx, NY

Ranked #20

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about South Bronx

What type of rentals are currently available in South Bronx?

There are currently 3044 Apartments for Rent in South Bronx, NY with pricing that ranges from $1,450 to $23,929. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Bronx ranging from $1,200 to $4,900.

What is the current price range for Rental Homes in South Bronx?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Bronx ranges from $1,200 to $4,900 with an average monthly rent of $2,894.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.