
Cheap Apartments for Rent in the Downtown New Rochelle Neighborhood of New Rochelle, NY from $1,300 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown New Rochelle area of New Rochelle.


49 5th St

Skyline New Rochelle

Arc House

The Alary

Encore

The Millennia

Total Monthly Price
One Clinton Park
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.

Harbor House

Allen

342 North Ave

Total Monthly Price
The Leaf

Total Monthly Price
Stella

Total Monthly Price
Two Clinton Park

156 Beechwood Ave

The Illustrator
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

29 Pratt St

Soundview Apartments

Soundview Apartments

Drake House

Royal Arms

210 Pelham Rd

30 Clinton Pl
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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.

The Ramsey

130 Centre Ave

230 Pelham Rd

Drake Manor

220 Pelham Rd

Lane Crest Apartments

NewRo Studios

The Anderson 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.

The Grand

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 | $2,545 | $1,367 | $5,000 |
| Downtown New Rochelle 1 Bedroom Apartments | $3,144 | $1,465 | $6,459 |
| Downtown New Rochelle 2 Bedroom Apartments | $4,254 | $1,757 | $5,999 |
| Downtown New Rochelle 3 Bedroom Apartments | $4,787 | $3,600 | $6,215 |
| Downtown New Rochelle 4 Bedroom Apartments | $3,800 | $3,800 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 34 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 $2,035. 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 | Dickins | Studio,1BA | $2,035 |
| The Alary | 4C Studio | Studio,1BA | $2,150 |
| Encore | Studio - S2 | Studio,1BA | $2,230 |
| The Millennia | Iris Studio Apartment 2-G | Studio,1BA | $2,250 |
| One Clinton Park | S04 | Studio,1BA | $2,264 |
| Allen | S03 | Studio,1BA | $2,275 |
| Motif | S-ALT 3 | Studio,1BA | $2,286 |
| Arc House | 708 | Studio,1BA | $2,350 |
| The Leaf | S2 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 21 Drake Ave, Unit 1FL | 21 Drake Ave | 4BR,1BA | $2.53 |
| The Lombardi | Morra | 1BR,1BA | $2.66 |
| Harbor House | Apartment 01C | 2BR,1BA | $2.55 |
| The Illustrator | A3 | 1BR,1BA | $3.90 |
| Shearwood Station | 1 Bedroom 1 Bath- A08 | 1BR,1BA | $4.12 |
| Stella | A7 | 1BR,1BA | $3.93 |
| The Rockwell Apartments | A3 | 1BR,1BA | $3.93 |
| The Standard | THE BEECHMONT UNIT | 1BR,1BA | $4.04 |
| The Millennia | Iris Studio Apartment 2-G | Studio ,1BA | $3.91 |
| Garito Manor 62 and Older | Studio - Kitchenette | Studio ,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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.