Cheap Homes for Rent in Pelham, NY from $1,200 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in Pelham.

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

$2,095 - $2,595

1 To 2 Bedroom Rentals

Available Now

220 Pelham Rd

New RochelleNY10805
property at 230 N 7th Ave

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

230 N 7th Ave, Unit 2

230 N 7th Ave
Mount VernonNY10550

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 52 Claremont Pl

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 1 Bath Home for Rent

Available Now

52 Claremont Pl, Unit 1

52 Claremont Pl
Mount VernonNY10553

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.

Pelham, NY Local Guide

Cheapest Neighborhoods for Apartments in Pelham, NY

Pricing Updated: 07/04/2026

Current apartment rentals in the Pelham, NY area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Pelham Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Pelham Bay Park$3,708$1,20063
Pelham Manor$4,000$1,367213

Cheapest Available Pelham Apartments for Rent and Nearby

 

The cheapest available apartment rental in Pelham, NY is a Studio unit found at Garito Manor 62 and Older in the Chester Heights neighborhood priced from $1,367. The Williamsburg in the Chester Heights neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,465. Here is today’s list of the most affordable Pelham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Garito Manor 62 and OlderStudio - KitchenetteStudio,1BA$1,367
The WilliamsburgStudioStudio,1BA$1,465
115 N 5th Ave1 Beds, 1 Baths1BR,1BA$1,700
Skyline New RochelleDickinsStudio,1BA$2,010
Shearwood Station1 Bedroom 1 Bath- A031BR,1BA$2,220

Best Value Apartments for Rent in Pelham, NY and Nearby

As of July 04, 2026 the best value apartment in the Pelham area is the $3.87 price per square foot 5A Model at 139 On Fifth in the in the Chester Heights neighborhood starting from $5,995. The second greatest value Pelham apartment is the Two Bedroom - B1 Model at Encore starting at $4,240 with a $3.42 price per square foot in the Chester Heights neighborhood. Here is today’s list of the best values for Pelham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
139 On Fifth5A2BR,2BA$3.87
EncoreTwo Bedroom - B12BR,2BA$3.42
616 S 8th Ave, Unit 2nd floor616 S 8th Ave2BR,1BA$2.36
3THIRTY3C1-122BR,1BA$3.95
462 S 7th Ave, Unit 462 south 7th Avenue462 S 7th Ave3BR,1BA$3.50
291 Main St2 Bedroom 1 Bathroom2BR,1BA$3.90
The IllustratorA11BR,1BA$4.00
225 Sickles Ave, Unit 1225 Sickles Ave1BR,1BA$3.33
The WilliamsburgStudioStudio ,1BA$3.12
Garito Manor 62 and OlderStudio - KitchenetteStudio ,1BA$3.22

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Pelham

What type of rentals are currently available in Pelham?

There are currently 566 Apartments for Rent in Pelham, NY with pricing that ranges from $1,200 to $9,650. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pelham ranging from $1,200 to $14,000.

What is the current price range for Rental Homes in Pelham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pelham ranges from $1,200 to $14,000 with an average monthly rent of $5,849.

How much are larger Three and Four Bedroom Rentals in Pelham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Pelham range from $2,975 to $9,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,175 to $10,000. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $3,705.

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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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.

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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.

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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.

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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.