close
View Me
Cheap Apartments for Rent in the Pelham Bay Neighborhood of Bronx, NY from $900 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pelham Bay area of Bronx.
close
View Me
from $1,700Studio to 2 Bedroom Apartments Available Now
The Equestrian At Pelham Parkway
1680 Pelham Pkwy SBronx, NY 10461
close
View Me
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
close
View Me
close
View Me
close
View Me
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
Showing Results 1-6, Page 1 of 1
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 | $2,090 | $1,550 | $2,400 |
| Pelham Bay 1 Bedroom Apartments | $2,497 | $1,875 | $3,700 |
| Pelham Bay 2 Bedroom Apartments | $2,869 | $2,200 | $4,400 |
| Pelham Bay 3 Bedroom Apartments | $3,325 | $2,700 | $4,200 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Pelham Bay Neighborhood of Bronx, NY.
See all Apartments in BronxExplore Bronx
Pelham Bay, Bronx, NY Local Guide
- Nearby Bronx neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 | 1BR,1BA | $2,750 |
Best Value Apartments for Rent in Pelham Bay, NY
As of April 18, 2025 the best value apartment in the Pelham Bay area is the $2.50 price per square foot 2115 Colonial Ave Model at 2115 Colonial Ave, Unit 2 in the in the Pelham Bay Park neighborhood starting from $3,000. The second greatest value Pelham Bay apartment is the 1514 Plymouth Ave Model at 1514 Plymouth Ave, Unit 3 starting at $3,800 with a $3.45 price per square foot in the Pelham Bay Park 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. |
|---|---|---|---|
| 2115 Colonial Ave, Unit 2 | 2115 Colonial Ave | 3BR,1BA | $2.50 |
| 1514 Plymouth Ave, Unit 3 | 1514 Plymouth Ave | 3BR,1BA | $3.45 |
| 2944 Waterbury Ave, Unit 2nd Floor | 2944 Waterbury Ave | 2BR,1BA | $2.74 |
| Parkchester | 1 Bedroom | 1BR,1BA | $2.77 |
| 1307 Balcom Ave, Unit First Floor | 1307 Balcom Ave | Studio ,1BA | $4.00 |
| Pelham Residence | 1 Bed | Balcony | 1BR,1BA | $4.78 |
| The Equestrian At Pelham Parkway | Studio | Studio ,1BA | $3.40 |
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.
Let everyone know!
Do you know the Pelham Bay area?
If you’re an expert on all things Pelham Bay, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestylePelham Bay, Bronx, NY
Ranked #76
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 $2,750.
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 5 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 $593 which is $4,819 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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.