Cheap Apartments for Rent in the Pelham Parkway Neighborhood of Bronx, NY from $600 (20 Rentals)

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

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782 Pelham Parkway S
Studio to 3 Bedroom Apartments

782 Pelham Parkway S

2197 Barnes AveBronx, NY 10462
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1865 Bogart Ave
1 Bedroom Apartments

1865 Bogart Ave

1865 Bogart AveBronx, NY 10462
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750-760 Pelham Pky S
1 to 5 Bedroom Apartments

750-760 Pelham Pky S

750-760 Pelham Pky SBronx, NY 10462
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2418 Olinville Ave
1 Bedroom Apartments

2418 Olinville Ave

2418 Olinville AveBronx, NY 10467
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Lurling Gardens
Studio to 3 Bedroom Apartments

Lurling Gardens

1055 Esplanade AveBronx, NY 10461
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1991 Bronxdale Ave
2 Bedroom Apartments

1991 Bronxdale Ave

1991 Bronxdale AveBronx, NY 10462
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615 Pelham Pky N
2 to 3 Bedroom Apartments

615 Pelham Pky N

615 Pelham Pky NBronx, NY 10467
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The Berkeley
2 Bedroom Apartments

The Berkeley

2440 Olinville AveBronx, NY 10467
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Winthrop Gardens
2 to 3 Bedroom Apartments

Winthrop Gardens

2280 Olinville AveBronx, NY 10467
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Hutchinson Arms
1 to 2 Bedroom Apartments

Hutchinson Arms

1632 Hutchinson River PkyBronx, 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

Cheapest Available Pelham Parkway Apartments for Rent

 

The cheapest available apartment rental in the Pelham Parkway area of New York, NY is a Studio unit found at 531 E 187th St priced from $1,600. The Equestrian At Pelham Parkway has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. Here are the most affordable Pelham Parkway apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
531 E 187th StStudio, 1 bathStudio,1BA$1,600
The Equestrian At Pelham ParkwayStudioStudio,1BA$1,700
Parkchester1 Bedroom1BR,1BA$1,950
Pelham Residence1 Bed | Balcony1BR,1BA$2,750
558 E 191st St1 Bed, 1 bath1BR,1BA$2,900

Best Value Apartments for Rent in Pelham Parkway, NY

As of April 26, 2025 the best value apartment in the Pelham Parkway 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 Pelham Parkway 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 Pelham Parkway 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
531 E 187th StStudio, 1 bathStudio ,1BA$7.11

Frequently Asked Questions about Cheap Pelham Parkway Apartments

What is a cheap apartment in Pelham Parkway?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pelham Parkway is under $4,600.

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

The cheapest apartment in Pelham Parkway is The Equestrian At Pelham Parkway which is listed at $1,875, while the average apartment in Pelham Parkway costs $6,000.

What types of apartments are the cheapest in Pelham Parkway?

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 Parkway 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 Parkway?

Cheap apartments in Pelham Parkway have an average cost of $455 which is $5,545 cheaper than the average rent for all rentals in Pelham Parkway.

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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