Cheap Apartments for Rent in the Downtown New Rochelle Neighborhood of New Rochelle, NY from $1,367 (43 Rentals)

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

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112 Locust Ave, Unit 2O
$1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900
Studio Apartment Available Now

112 Locust Ave, Unit 2O

112 Locust AveNew Rochelle, NY 10805
Affordability
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25 Maple
Rent Specials
$2,230 - $3,441
Total Monthly Price

Total Monthly Price

Base Rent
$2,230 - $3,441

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

25 Maple

25 Maple AveNew Rochelle, NY 10801
Pet Friendly
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Stella
Rent Specials
$2,264 - $6,558
Total Monthly Price

Total Monthly Price

Base Rent
$2,264 - $6,558

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Stella

10 Lecount PlNew Rochelle, NY 10801
Pet Friendly
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  • Customer Reviewed
  • 3D Tour

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Leaf
Rent Specials
$2,321 - $4,588
Total Monthly Price

Total Monthly Price

Base Rent
$2,321 - $4,588

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Leaf

12 Church StNew Rochelle, NY 10801
Affordability
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360 Huguenot
Rent Specials
$2,362 - $4,092
Total Monthly Price

Total Monthly Price

Base Rent
$2,362 - $4,092

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

360 Huguenot

360 Huguenot StNew Rochelle, NY 10801
Student Housing
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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One Clinton Park
Rent Specials
$2,567 - $7,027
Total Monthly Price

Total Monthly Price

Base Rent
$2,567 - $7,027

Total Monthly Price
$2,567 - $7,027
Studio to 3 Bedroom Apartments Available Now

One Clinton Park

55 Clinton PlNew Rochelle, NY 10801
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Two Clinton Park
Rent Specials
$2,646 - $8,780
Total Monthly Price

Total Monthly Price

Base Rent
$2,646 - $8,780

Total Monthly Price
$2,646 - $8,780
Studio to 3 Bedroom Apartments Available Now

Two Clinton Park

50 Clinton PlNew Rochelle, NY 10801
Family Friendly
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Soundview Apartments
Studio to 3 Bedroom Apartments

Soundview Apartments

50 Guion PlNew Rochelle, NY 10801
  • Utilities Included
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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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Drake House
Studio to 3 Bedroom Apartments

Drake House

197-217 Drake AveNew Rochelle, NY 10805
  • Utilities Included
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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
  • Utilities Included
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The Ramsey
Studio to 1 Bedroom Apartments

The Ramsey

222 Centre AveNew Rochelle, NY 10805
  • Utilities Included

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.

property at 220 Pelham Rd

$2,045 - $2,775

1 To 2 Bedroom Rentals

Available Now

220 Pelham Rd

New RochelleNY10805
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Drake Manor
1 to 2 Bedroom Apartments

Drake Manor

541 Pelham RdNew Rochelle, NY 10805
  • Utilities Included
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Lane Crest Apartments
1 to 2 Bedroom Apartments

Lane Crest Apartments

100 Lane Crest AveNew Rochelle, NY 10805
  • Utilities Included
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NewRo Studios
Studio Apartments

NewRo Studios

11 Burling LnNew Rochelle, NY 10801
  • Utilities Included
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The Anderson Apartments
Studio to 2 Bedroom Apartments

The Anderson Apartments

5 Anderson StNew Rochelle, NY 10801
  • Utilities Included
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The Grand
Studio to 1 Bedroom Apartments

The Grand

57 Grand StNew Rochelle, NY 10801
  • Utilities Included

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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The Huguenot
Studio to 2 Bedroom Apartments

The Huguenot

387 Huguenot StNew Rochelle, NY 10801
  • Utilities Included
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The Lombardi
1 to 2 Bedroom Apartments

The Lombardi

11 Park PlNew Rochelle, NY 10801
  • Utilities Included
property at 115 Stonelea Pl

$2,700

1 Bedroom, 1 Bath Home for Rent

Available Now

115 Stonelea Pl

New RochelleNY10801

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. Shearwood Station has the second lowest priced unit, which is a Studio apartment currently listed from $2,084. 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
Shearwood StationStudio -S1Studio,1BA$2,084
25 MapleS1Studio,1BA$2,230
Arc House501Studio,1BA$2,300
Skyline New RochelleDickinsStudio,1BA$2,305
360 HuguenotA10Studio,1BA$2,362
The Alary12H StudioStudio,1BA$2,448
The LeafS3Studio,1BA$2,476
The IllustratorJS1AStudio,1BA$2,575

Best Value Apartments for Rent in Downtown New Rochelle, NY

As of August 24, 2026 the best value apartment in the Downtown New Rochelle area is the $3.93 price per square foot B4 Model at The Rockwell Apartments in the in the Chester Heights neighborhood starting from $4,700. The second greatest value Downtown New Rochelle apartment is the B08 Model at One Clinton Park starting at $4,777 with a $4.44 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.
The Rockwell ApartmentsB42BR,2BA$3.93
One Clinton ParkB082BR,2BA$4.44
MotifB3-ALT 62BR,2BA$4.06
The MillenniaAzalea - No Terrace1BR,1BA$3.52
3THIRTY3A1-091BR,1BA$4.49
360 HuguenotA81BR,1BA$4.40
StellaA81BR,1BA$4.41
The IllustratorJS1AStudio ,1BA$4.28
The Printhouse2-5PStudio ,1BA$4.43
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 $2,575.

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 $3,181.

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 6 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 $183 which is $2,998 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

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.