Most Affordable Neighborhoods in Bronx, NY
Some of the cheapest neighborhoods in Bronx are East Bronx, West Bronx, and Southeast Bronx. These neighborhoods offer some of the lowest rent prices in Bronx, making them ideal for renters on a budget. As of August 1, 2025, the average rent in Bronx is $1,639, which is 1% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
East Bronx
Average Rent
$2,261/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
85/100
Units Available
26 Rentals
In East Bronx, renters can discover a variety of budget-friendly apartments amidst a backdrop of rich cultural diversity. This area is known for its affordable housing and convenient access to public amenities, such as parks and shopping centers. Experience the community vibe while enjoying the financial flexibility it offers.
West Bronx
Average Rent
$2,311/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
99/100
Units Available
21 Rentals
Known for its proximity to Manhattan, West Bronx provides convenient access to public transportation, making commuting easy. The neighborhood is home to Yankee Stadium as well as a variety of local shops, parks, and restaurants. With more affordable rents compared to other parts of the city, the West Bronx is a practical choice for those seeking value and convenience in their next apartment.
Southeast Bronx
Average Rent
$2,394/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
86/100
Units Available
15 Rentals
Southeast Bronx is characterized by its affordable apartments and convenient location close to major transportation hubs. The area's well-connected transit options facilitate easy travel throughout the city. With plenty of nearby amenities, it ensures a comfortable and budget-friendly lifestyle.
Central Riverdale
Average Rent
$2,538/Month
TransitScore® Rating
85/100
Units Available
10 Rentals
Central Riverdale is an affordable neighborhood in Bronx with an average rent price of $2,538. Compare this to the city average of $1,639. Central Riverdale provides easy access to Wave Hill, 215 Street, and Riverdale Park. It’s a walkable neighborhood with a WalkScore® of 96.
South Bronx
Average Rent
$3,820/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
97/100
Units Available
381 Rentals
If you’re looking for a great, affordable neighborhood in Bronx, South Bronx might be the perfect place! It has an average rent price of $3,820, while the city’s average stands at $1,639. In the last year, prices have increased by 1.9%. South Bronx is near Hostos Community College, Joyce Kilmer Park, and Yeshiva University, Wilf.
Mott Haven
Average Rent
$3,871/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
100/100
Units Available
341 Rentals
Mott Haven is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mott Haven is $3,871 while the city average is $1,639. This is a -0.4% difference from last year. Residents enjoy convenient access to The City College of New York, 138 Street, and Randall's Island Park. The neighborhood is considered walkable with a WalkScore® of 93.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.