
Cheap Apartments for Rent in the Downtown New Rochelle Neighborhood of New Rochelle, NY from $1,300 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown New Rochelle area of New Rochelle.


Total Monthly Price
Skyline New Rochelle

Arc House

Allen

Total Monthly Price
Stella

The Alary

The Millennia
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.

Total Monthly Price
25 Maple

3THIRTY3

The Standard

Total Monthly Price
Two Clinton Park

Encore

342 North Ave

22 Stephenson Blvd
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.

Total Monthly Price
The Leaf

40 3rd St

49 5th St

Total Monthly Price
360 Huguenot

The Illustrator

Soundview Apartments

Soundview Apartments
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.

Royal Arms

130 Centre Ave

The Ramsey

Drake Manor

Lane Crest Apartments

NewRo Studios

The Anderson Apartments
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.

The Grand

Drake House

The Huguenot
Downtown New Rochelle, New Rochelle, NY Local Guide

How much does it cost to rent an apartment in Downtown New Rochelle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown New Rochelle Studio Apartments | $2,463 | $1,367 | $5,000 |
| Downtown New Rochelle 1 Bedroom Apartments | $3,084 | $1,465 | $4,865 |
| Downtown New Rochelle 2 Bedroom Apartments | $4,202 | $1,757 | $7,381 |
| Downtown New Rochelle 3 Bedroom Apartments | $5,056 | $3,500 | $7,500 |
| Downtown New Rochelle 4 Bedroom Apartments | $3,600 | $3,600 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Downtown New Rochelle Neighborhood of New Rochelle, NY.
See all Apartments in New RochelleExplore New Rochelle
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. Skyline New Rochelle has the second lowest priced unit, which is a Studio apartment currently listed from $1,910. Here are the most affordable Downtown New Rochelle apartments for rent in New Rochelle, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garito Manor 62 and Older | Studio - Kitchenette | Studio,1BA | $1,367 |
| Skyline New Rochelle | Dolce | Studio,1BA | $1,910 |
| Allen | S03 | Studio,1BA | $2,100 |
| Stella | S4 | Studio,1BA | $2,120 |
| The Alary | 4C Studio | Studio,1BA | $2,150 |
| 25 Maple | S1 | Studio,1BA | $2,180 |
| The Millennia | Iris Studio Apartment 4-E | Studio,1BA | $2,180 |
| 3THIRTY3 | S1-02 | Studio,1BA | $2,195 |
| Shearwood Station | Studio -S1 | Studio,1BA | $2,210 |
| Motif | S-ALT 3 | Studio,1BA | $2,277 |
Best Value Apartments for Rent in Downtown New Rochelle, NY
As of February 24, 2026 the best value apartment in the Downtown New Rochelle area is the $3.07 price per square foot Milan Model at The Lombardi in the in the Chester Heights neighborhood starting from $3,250. The second greatest value Downtown New Rochelle apartment is the A2 Model at The Illustrator starting at $3,400 with a $4.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Lombardi | Milan | 2BR,2BA | $3.07 |
| The Illustrator | A2 | 1BR,1BA | $4.00 |
| The Printhouse | 2-5D | 1BR,1BA | $3.29 |
| Encore | One Bedroom - A1 | 1BR,1BA | $4.05 |
| The Rockwell Apartments | A3 | 1BR,1BA | $4.04 |
| The Standard | THE BEECHMONT UNIT | 1BR,1BA | $4.04 |
| 360 Huguenot | A8 | 1BR,1BA | $4.42 |
| The Millennia | Iris Studio Apartment 4-E | Studio ,1BA | $3.79 |
| Skyline New Rochelle | Dolce | Studio ,1BA | $4.47 |
| Garito Manor 62 and Older | Studio - Kitchenette | Studio ,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 $2,277.
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 $4,844.
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 9 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 $142 which is $4,702 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.