Cheap Homes for Rent in Downtown New Rochelle Neighborhood of New Rochelle, NY from $1,800 (4 Rentals)

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

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.

property at 220 Pelham Rd

$2,150 - $2,700

1 To 2 Bedroom Rentals

Available Now

220 Pelham Rd

New RochelleNY10805
property at 230 Pelham Rd

$2,095 - $2,195

1 Bedroom Rentals

Available Now

230 Pelham Rd

New RochelleNY10805

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.

Best Value Apartments for Rent in Downtown New Rochelle, NY

As of April 06, 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
The IllustratorA31BR,1BA$3.90
472 Pelham Rd, Unit 1C472 Pelham Rd1BR,1BA$2.47
Harbor HouseApartment 04J1BR,1BA$2.56
Modera New RochelleA181BR,1BA$4.00
The Rockwell ApartmentsA31BR,1BA$3.97
The MillenniaIris Studio Apartment 2-GStudio ,1BA$3.91
The Printhouse2FStudio ,1BA$4.12
Garito Manor 62 and OlderStudio - KitchenetteStudio ,1BA$3.22

Frequently Asked Questions about Downtown New Rochelle

What type of rentals are currently available in Downtown New Rochelle?

There are currently 197 Apartments for Rent in Downtown New Rochelle, NY with pricing that ranges from $1,367 to $6,110. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown New Rochelle ranging from $1,850 to $5,900.

What is the current price range for Rental Homes in Downtown New Rochelle?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown New Rochelle ranges from $1,850 to $5,900 with an average monthly rent of $3,262.

How much are larger Three and Four Bedroom Rentals in Downtown New Rochelle?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown New Rochelle range from $3,600 to $6,110, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,600 to $3,600. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $3,800.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.