Cheap Apartments for Rent in the Downtown New Rochelle Neighborhood of New Rochelle, NY from $1,300 (34 Rentals)

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

property at 49 5th St

$1,948 - $2,381

1 To 2 Bedroom Rentals

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49 5th St

New RochelleNY10801
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One Clinton Park
Rent Specials
$2,264 - $7,830
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$2,264 - $7,830

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Studio to 3 Bedroom Apartments Available Now

One Clinton Park

55 Clinton PlNew Rochelle, NY 10801
Pet Friendly
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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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The Leaf
Rent Specials
$2,327 - $4,700
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$2,327 - $4,700

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Studio to 2 Bedroom Apartments Available Now

The Leaf

12 Church StNew Rochelle, NY 10801
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Stella
Rent Specials
$2,429 - $4,170
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$2,429 - $4,170

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Studio to 3 Bedroom Apartments Available Now

Stella

10 Lecount PlNew Rochelle, NY 10801
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Two Clinton Park
Rent Specials
$2,496 - $5,460
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$2,496 - $5,460

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Studio to 3 Bedroom Apartments Available Now

Two Clinton Park

50 Clinton PlNew Rochelle, NY 10801
Family Friendly
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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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25 Maple
Rent Specials
$2,573 - $4,215
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$2,573 - $4,215

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Studio to 2 Bedroom Apartments Available Now

25 Maple

25 Maple AveNew Rochelle, NY 10801
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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
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Drake House
Studio to 3 Bedroom Apartments

Drake House

197-217 Drake AveNew Rochelle, NY 10805
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Royal Arms
Studio to 3 Bedroom Apartments

Royal Arms

38 Locust AveNew Rochelle, NY 10801
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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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The Ramsey
Studio to 1 Bedroom Apartments

The Ramsey

222 Centre AveNew Rochelle, NY 10805
  • 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
property at 230 Pelham Rd

$2,095

1 Bedroom Rentals

Available Now

230 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
property at 220 Pelham Rd

$2,150 - $2,700

1 To 2 Bedroom Rentals

Available Now

220 Pelham Rd

New RochelleNY10805
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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

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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The Grand
Studio to 1 Bedroom Apartments

The Grand

57 Grand StNew Rochelle, NY 10801
  • Utilities Included
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The Huguenot
Studio to 2 Bedroom Apartments

The Huguenot

387 Huguenot StNew Rochelle, NY 10801
  • Utilities Included

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 $2,035. 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
Skyline New RochelleDickinsStudio,1BA$2,035
The Alary4C StudioStudio,1BA$2,150
EncoreStudio - S2Studio,1BA$2,230
The MillenniaIris Studio Apartment 2-GStudio,1BA$2,250
One Clinton ParkS04Studio,1BA$2,264
AllenS03Studio,1BA$2,275
MotifS-ALT 3Studio,1BA$2,286
Arc House708Studio,1BA$2,350
The LeafS2Studio,1BA$2,462

Best Value Apartments for Rent in Downtown New Rochelle, NY

As of April 10, 2026 the best value apartment in the Downtown New Rochelle area is the $2.53 price per square foot 21 Drake Ave Model at 21 Drake Ave, Unit 1FL in the in the Glenwood Lake neighborhood starting from $3,800. The second greatest value Downtown New Rochelle apartment is the Morra Model at The Lombardi starting at $2,700 with a $2.66 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.
21 Drake Ave, Unit 1FL21 Drake Ave4BR,1BA$2.53
The LombardiMorra1BR,1BA$2.66
Harbor HouseApartment 01C2BR,1BA$2.55
The IllustratorA31BR,1BA$3.90
Shearwood Station1 Bedroom 1 Bath- A081BR,1BA$4.12
StellaA71BR,1BA$3.93
The Rockwell ApartmentsA31BR,1BA$3.93
The StandardTHE BEECHMONT UNIT1BR,1BA$4.04
The MillenniaIris Studio Apartment 2-GStudio ,1BA$3.91
Garito Manor 62 and OlderStudio - KitchenetteStudio ,1BA$3.22

Frequently Asked Questions about Cheap Downtown New Rochelle Apartments

What is the Cheapest Studio apartment in Downtown New Rochelle?

Currently the most affordable Cheap Studio Apartment in Downtown New Rochelle is at Garito Manor 62 and Older listed at $1,367.

How much is rent for a Cheap One Bedroom Downtown New Rochelle Apartment?

The lowest price for a Cheap One Bedroom Downtown New Rochelle Apartment is $1,465 at Garito Manor 62 and Older.

What is the lowest price for a Cheap Two Bedroom Downtown New Rochelle Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown New Rochelle is starting from $1,757 at Garito Manor 62 and Older.

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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.

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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.