Cheap Apartments for Rent in the Downtown New Rochelle Neighborhood of New Rochelle, NY from $1,300 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown New Rochelle area of New Rochelle.

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.

property at 40 Westchester Pl

$2,231 - $2,502

Studio To 2 Bedroom Rentals

Available Now

40 Westchester Pl

New RochelleNY10801

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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Soundview Apartments
Studio to 3 Bedroom Apartments

Soundview Apartments

80 Guion PlNew Rochelle, NY 10801
  • Utilities Included
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Soundview Apartments
Studio to 3 Bedroom Apartments

Soundview Apartments

50 Guion PlNew Rochelle, NY 10801
  • Utilities Included

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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Royal Arms
Studio to 3 Bedroom Apartments

Royal Arms

38 Locust AveNew Rochelle, NY 10801
  • Utilities Included
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130 Centre Ave
Studio to 1 Bedroom Apartments

130 Centre Ave

130 Centre AveNew Rochelle, NY 10805
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The Ramsey
Studio to 1 Bedroom Apartments

The Ramsey

222 Centre 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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Drake House
Studio to 3 Bedroom Apartments

Drake House

197-217 Drake AveNew 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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The Anderson Apartments
Studio to 2 Bedroom Apartments

The Anderson Apartments

5 Anderson StNew Rochelle, NY 10801
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Cheapest Available Downtown New Rochelle Apartments for Rent

 

The cheapest available apartment rental in the Downtown New Rochelle area of New Rochelle, NY is a Studio unit found at Garito Manor 62 and Older priced from $1,367. 25 Maple has the second lowest priced unit, which is a Studio apartment currently listed from $1,979. Here are the most affordable Downtown New Rochelle apartments for rent in New Rochelle, NY:

Apartment ListingModel NameBed/BathPriced From
Garito Manor 62 and OlderStudio - KitchenetteStudio,1BA$1,367
25 MapleS1Studio,1BA$1,979
The StandardTHE HARRISON UNIT1BR,1BA$2,000
AllenS01Studio,1BA$2,066
The ArcStudioStudio,1BA$2,073
Skyline New RochelleDickinsStudio,1BA$2,075
360 HuguenotA10Studio,1BA$2,085
The Alary4C StudioStudio,1BA$2,150
The LeafS3Studio,1BA$2,225
Two Clinton ParkS1DStudio,1BA$2,236

Best Value Apartments for Rent in Downtown New Rochelle, NY

As of December 23, 2025 the best value apartment in the Downtown New Rochelle area is the $4.26 price per square foot 3 Bedroom 2 Bath- C03 Model at Shearwood Station in the in the Chester Heights neighborhood starting from $6,295. The second greatest value Downtown New Rochelle apartment is the B11D Model at Modera New Rochelle starting at $5,325 with a $4.24 price per square foot in the Chester Heights neighborhood. Here is today’s list of the best values for Downtown New Rochelle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shearwood Station3 Bedroom 2 Bath- C033BR,2BA$4.26
Modera New RochelleB11D2BR,2BA$4.24
The Printhouse2 Bed Q/R2BR,2BA$3.04
Harbor HouseApartment 05F1BR,1BA$2.91
The GrandChelseaStudio ,1BA$3.38
The StandardTHE HUGUENOT UNIT1BR,1BA$4.10
The MillenniaIris Studio Apartment 4-J FURNISHEDStudio ,1BA$3.90
360 HuguenotA10Studio ,1BA$3.80
Skyline New RochelleDooneyStudio ,1BA$4.23
Garito Manor 62 and OlderStudio - KitchenetteStudio ,1BA$3.22

Frequently Asked Questions about Cheap Downtown New Rochelle Apartments

What is a cheap apartment in Downtown New Rochelle?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown New Rochelle is under $2,236.

What is the price of a cheap apartment in Downtown New Rochelle?

The cheapest apartment in Downtown New Rochelle is Garito Manor 62 and Older which is listed at $1,465, while the average apartment in Downtown New Rochelle costs $3,972.

What types of apartments are the cheapest in Downtown New Rochelle?

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 17 regular apartments in Downtown New Rochelle 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 Downtown New Rochelle?

Cheap apartments in Downtown New Rochelle have an average cost of $122 which is $3,850 cheaper than the average rent for all rentals in Downtown New Rochelle.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.