Cheap Apartments for Rent in the Pelham Bay Neighborhood of Bronx, NY from $900 (6 Rentals)

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

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2435 Frisby Ave
Studio to 2 Bedroom Apartments

2435 Frisby Ave

2435 Frisby AveBronx, NY 10461
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Buhre Arms
Studio to 1 Bedroom Apartments

Buhre Arms

2860 Buhre AveBronx, NY 10461
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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

Pelham Bay, Bronx, NY Local Guide

Cheapest Available Pelham Bay Apartments for Rent

 

The cheapest available apartment rental in the Pelham Bay 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 Pelham Bay 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 | Balcony | End Unit1BR,1BA$2,700

Best Value Apartments for Rent in Pelham Bay, NY

As of March 22, 2025 the best value apartment in the Pelham Bay area is the $2.77 price per square foot 1 Bedroom Model at Parkchester in the in the Pelham Bay Park neighborhood starting from $1,950. The second greatest value Pelham Bay apartment is the 2 Bed | 1 Bath Model at Pelham Residence starting at $3,200 with a $4.57 price per square foot in the Locust Point neighborhood. Here is today’s list of the best values for Pelham Bay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkchester1 Bedroom1BR,1BA$2.77
Pelham Residence2 Bed | 1 Bath2BR,1BA$4.57
2964 Daniel St, Unit 2964 Daniel St. Bronx #12964 Daniel St1BR,1BA$2.86
The Equestrian At Pelham ParkwayStudioStudio ,1BA$3.40

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Pet Friendly Lifestyle
Pelham Bay, Bronx, NY

Ranked #33

Among neighborhoods in Bronx, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Pelham Bay Apartments

What is a cheap apartment in Pelham Bay?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pelham Bay is under $2,700.

What is the price of a cheap apartment in Pelham Bay?

The cheapest apartment in Pelham Bay is The Equestrian At Pelham Parkway which is listed at $1,875, while the average apartment in Pelham Bay costs $5,412.

What types of apartments are the cheapest in Pelham Bay?

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 111 regular apartments in Pelham Bay 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 Pelham Bay?

Cheap apartments in Pelham Bay have an average cost of $665 which is $4,747 cheaper than the average rent for all rentals in Pelham Bay.

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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