
Cheap Homes for Rent in Pelham, NY from $1,500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Pelham.


115 N 5th Ave

625 Gramatan Ave

210 Pelham Rd

230 Pelham Rd
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.

3 S 3rd Ave, Unit Basement A

19 Primrose Ave

220 Pelham Rd

666 Pelham Rd

1270 North Ave
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.
Pelham, NY Local Guide

How much does it cost to rent a home in Pelham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pelham 2 Bedroom Homes for Rent | $3,330 | $2,500 | $4,495 |
| Pelham 3 Bedroom Homes for Rent | $5,067 | $3,300 | $10,000+ |
| Pelham 4 Bedroom Homes for Rent | $6,495 | $3,600 | $10,000+ |
| Pelham 5 Bedroom Homes for Rent | $8,762 | $4,299 | $10,000+ |
| Pelham 6 Bedroom Homes for Rent | $10,666 | $8,500 | $10,000+ |
Browse Top Homes for Rent in Pelham
Explore Pelham
Pelham, NY Local Guide
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Cheapest Neighborhoods for Apartments in Pelham, NY
Pricing Updated: 05/20/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Pelham Bay Park | $3,700 | $3,150 | 5 |
| Pelham Manor | $5,077 | $1,367 | 204 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garito Manor 62 and Older | Studio - Kitchenette | Studio,1BA | $1,367 |
| The Williamsburg | Studio | Studio,1BA | $1,465 |
| Shearwood Station | Studio -S1 | Studio,1BA | $2,060 |
Best Value Apartments for Rent in Pelham, NY and Nearby
As of May 20, 2026 the best value apartment in the Pelham 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 Pelham apartment is the 25 Overlook St Model at 25 Overlook St, Unit 2nd starting at $2,999 with a $2.31 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 21 Drake Ave, Unit 1FL | 21 Drake Ave | 4BR,1BA | $2.53 |
| 25 Overlook St, Unit 2nd | 25 Overlook St | 3BR,1BA | $2.31 |
| 801 Gramatan Ave, Unit B | 801 Gramatan Ave | 2BR,1.5BA | $3.27 |
| 357 Bedford Ave, Unit 3rd Floor 2 Bedroom Apartment | 357 Bedford Ave | 2BR,1BA | $2.40 |
| 291 Main St | 2 Bedroom 1 Bathroom | 2BR,1BA | $3.90 |
| 225 Sickles Ave, Unit 1 | 225 Sickles Ave | 1BR,1BA | $3.33 |
| Harbor House | Apartment 02D | 1BR,1BA | $3.50 |
| The Millennia | Iris Studio Apartment 4-J FURNISHED | Studio ,1BA | $3.94 |
| The Williamsburg | Studio | Studio ,1BA | $3.12 |
| Garito Manor 62 and Older | Studio - Kitchenette | Studio ,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Pelham, NY
Pelham Memorial High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Pelham, NY Rentals by Map
See the most popular apartments and homes in Pelham, NY
Frequently Asked Questions about Pelham
What type of rentals are currently available in Pelham?
There are currently 550 Apartments for Rent in Pelham, NY with pricing that ranges from $1,367 to $9,650. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pelham ranging from $1,500 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 $1,500 to $14,000 with an average monthly rent of $5,529.
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 $2,999 to $9,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,300 to $10,000. 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.