Cheap Apartments for Rent in the Parkchester Neighborhood of Bronx, NY from $1,500 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkchester area of Bronx.

New York's Best Affordable Neighborhoods

Learn about New York and the best places to live with original content written by our Local Expert Joshua Carlucci

Parkchester

Named as one of the Best Affordable Areas to rent in New York by our New York, NY Local Expert Joshua Carlucci. See how it ranks!

Cheapest Available Parkchester Apartments for Rent

 

The cheapest available apartment rental in the Parkchester area of New York, NY is a Studio unit found at The Equestrian At Pelham Parkway priced from $1,700. Parkchester has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,950. Here are the most affordable Parkchester apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
The Equestrian At Pelham ParkwayStudioStudio,1BA$1,700
Parkchester1 Bedroom1BR,1BA$1,950
Pelham Residence1 Bed | Balcony1BR,1BA$2,750

Best Value Apartments for Rent in Parkchester, NY

As of March 28, 2025 the best value apartment in the Parkchester area is the $4.50 price per square foot 2 Model at 514 E 188th St in the in the Belmont neighborhood starting from $4,500. The second greatest value Parkchester apartment is the 3 Beds, 1 bath Model at 2505 Hoffman St starting at $4,600 with a $5.75 price per square foot in the Belmont neighborhood. Here is today’s list of the best values for Parkchester apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
514 E 188th St24BR,2BA$4.50
2505 Hoffman St3 Beds, 1 bath3BR,1BA$5.75
2486 Hughes Ave12BR,1BA$5.75
Parkchester1 Bedroom1BR,1BA$2.77
2501 Hughes Ave1 Bed, 1 bath1BR,1BA$6.62
Pelham Residence1 Bed | Balcony1BR,1BA$4.78
The Arabella1BR/1BA1BR,1BA$6.10
The Equestrian At Pelham ParkwayStudioStudio ,1BA$3.40

Getting Around the Parkchester Neighborhood in Bronx, NY

Walk Score®

92 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

98 / 100

Rider’s Paradise

World-class public transportation

Frequently Asked Questions about Cheap Parkchester Apartments

What is the price of a cheap apartment in Parkchester?

The cheapest apartment in Parkchester is The Equestrian At Pelham Parkway which is listed at $1,875, while the average apartment in Parkchester costs $7,300.

What types of apartments are the cheapest in Parkchester?

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 5 regular apartments in Parkchester that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Parkchester?

Cheap apartments in Parkchester have an average cost of $994 which is $6,306 cheaper than the average rent for all rentals in Parkchester.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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