
Cheap Apartments for Rent in the Downtown New Rochelle Neighborhood of New Rochelle, NY from $1,300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown New Rochelle area of New Rochelle.


Skyline New Rochelle

Harbor House

Arc House

Total Monthly Price
One Clinton Park

Total Monthly Price
360 Huguenot

Total Monthly Price
Two Clinton Park

The Millennia
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.

Total Monthly Price
The Leaf

3THIRTY3

12 Russell Ave

Total Monthly Price
Stella

Total Monthly Price
25 Maple

49 5th St

The Alary

Total Monthly Price
225 Sickles Ave, Unit 1
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.

The Illustrator

The Rockwell Apartments

79 S Division St

Allen

36 4th St

Total Monthly Price
75 Saint Johns Pl, Unit 2 Fl

75 St Johns Pl

110 Echo Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

139 Sickles Ave

Soundview Apartments

Soundview Apartments

Royal Arms

130 Centre Ave

The Ramsey

220 Pelham Rd

Drake Manor
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.

Drake House

Lane Crest Apartments

NewRo Studios

Modera New Rochelle

The Anderson Apartments

The Grand

The Huguenot

The Lombardi
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.

230 Pelham Rd

30 Lee Ct

236 Union Ave.
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 | $2,502 | $1,367 | $3,175 |
| Downtown New Rochelle 1 Bedroom Apartments | $3,159 | $1,465 | $8,776 |
| Downtown New Rochelle 2 Bedroom Apartments | $4,168 | $1,757 | $7,811 |
| Downtown New Rochelle 3 Bedroom Apartments | $4,743 | $2,975 | $8,687 |
| Downtown New Rochelle 4 Bedroom Apartments | $3,850 | $3,850 | $3,850 |
Browse Apartments in this Neighborhood
There are currently 43 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 $2,010. 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 | $2,010 |
| Motif | S-ALT 4 | Studio,1BA | $2,211 |
| One Clinton Park | S04 | Studio,1BA | $2,216 |
| Shearwood Station | 1 Bedroom 1 Bath- A02 | 1BR,1BA | $2,235 |
| Arc House | 907 | Studio,1BA | $2,300 |
| The Alary | 12H Studio | Studio,1BA | $2,448 |
| The Leaf | S3 | Studio,1BA | $2,476 |
| 360 Huguenot | A10 | Studio,1BA | $2,495 |
Best Value Apartments for Rent in Downtown New Rochelle, NY
As of July 09, 2026 the best value apartment in the Downtown New Rochelle area is the $3.42 price per square foot Two Bedroom - B1 Model at Encore in the in the Chester Heights neighborhood starting from $4,240. The second greatest value Downtown New Rochelle apartment is the A1-07 Model at 3THIRTY3 starting at $3,215 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Encore | Two Bedroom - B1 | 2BR,2BA | $3.42 |
| 3THIRTY3 | A1-07 | 1BR,1BA | $4.24 |
| 225 Sickles Ave, Unit 1 | 225 Sickles Ave | 1BR,1BA | $3.33 |
| The Alary | 6K 1 Bed Terrace | 1BR,1BA | $4.80 |
| The Rockwell Apartments | JS1 | Studio ,1BA | $4.10 |
| The Illustrator | JS1 | Studio ,1BA | $4.11 |
| 360 Huguenot | A10 | Studio ,1BA | $4.55 |
| Skyline New Rochelle | Dooney | Studio ,1BA | $4.37 |
| Motif | S | Studio ,1BA | $4.72 |
| 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 $2,495.
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 $4,110.
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 13 regular apartments in Downtown New Rochelle that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.