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Cheap Apartments for Rent in the Pelham Bay Neighborhood of Bronx, NY from $900 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pelham Bay area of Bronx.
2230 Woodhull Ave
BronxNY10469
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from $1,700Studio to 2 Bedroom Apartments Available Now
The Equestrian At Pelham Parkway
1680 Pelham Pkwy SBronx, 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
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Pelham Bay, Bronx, NY Local Guide
How much does it cost to rent an apartment in Pelham Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pelham Bay Studio Apartments | $1,903 | $1,550 | $2,400 |
| Pelham Bay 1 Bedroom Apartments | $2,282 | $1,875 | $2,700 |
| Pelham Bay 2 Bedroom Apartments | $2,943 | $2,200 | $4,400 |
| Pelham Bay 3 Bedroom Apartments | $3,156 | $2,500 | $4,250 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Pelham Bay Neighborhood of Bronx, NY.
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Pelham Bay, Bronx, NY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Equestrian At Pelham Parkway | Studio | Studio,1BA | $1,700 |
| Parkchester | 1 Bedroom | 1BR,1BA | $1,950 |
| Pelham Residence | 1 Bed | Balcony | End Unit | 1BR,1BA | $2,700 |
Best Value Apartments for Rent in Pelham Bay, NY
As of March 25, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkchester | 1 Bedroom | 1BR,1BA | $2.77 |
| Pelham Residence | 2 Bed | 1 Bath | 2BR,1BA | $4.57 |
| 2964 Daniel St, Unit 2964 Daniel St. Bronx #1 | 2964 Daniel St | 1BR,1BA | $2.86 |
| The Equestrian At Pelham Parkway | Studio | Studio ,1BA | $3.40 |
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Pet Friendly LifestylePelham Bay, Bronx, NY
Ranked #21
Among neighborhoods in Bronx, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $676 which is $4,736 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.
The 10 Best Affordable Neighborhoods for Renting in New York City
Written by: Joshua Carlucci
New York City is the city that never sleeps, but it’s also the city that’s often synonymous with sky-high rents and steep living costs. That said, if you’re like many of us at ApartmentHomeLiving.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.