Best 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 March 19, 2026, the average rent in Bronx is $1,632, which is 0% 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
$2,244/Month
Year-Over-Year Rent Change
0.7%
Units Available
18 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
$2,401/Month
Year-Over-Year Rent Change
1.3%
Units Available
24 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
$2,431/Month
Year-Over-Year Rent Change
0.7%
Units Available
18 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
$2,674/Month
Units Available
12 Rentals
Central Riverdale is an affordable neighborhood in Bronx with an average rent price of $2,674. Compare this to the city average of $1,632. Central Riverdale provides easy access to Lehman College, The Shops at Marble Hill, and Henry Hudson Park.
Mott Haven
Average Rent
$3,018/Month
Year-Over-Year Rent Change
0.9%
Units Available
290 Rentals
If you’re looking for a great, affordable neighborhood in Bronx, Mott Haven might be the perfect place! It has an average rent price of $3,018, while the city’s average stands at $1,632. In the last year, prices have decreased by 0.9%. Mott Haven is near Randall's Island Park, 138 Street, and LaGuardia.
Harlem River Waterfront
Average Rent
$3,018/Month
Year-Over-Year Rent Change
11%
Units Available
289 Rentals
Harlem River Waterfront is a top choice for budget-conscious renters for a variety of reasons. The average rent in Harlem River Waterfront is $3,018 while the city average is $1,632. This is a -11% difference from last year. Residents enjoy convenient access to Randall's Island Park, LaGuardia, and 3 Avenue-138 Street.
South Bronx
Average Rent
$3,043/Month
Year-Over-Year Rent Change
2.8%
Units Available
334 Rentals
When you’re looking for a great Bronx neighborhood on a budget, check out South Bronx. The average rent is $3,043, compared to the city average of $1,632. Rent prices have decreased by 2.8%. South Bronx is convenient to The Hub, Captain Rivera Playground, and Third Ave Mini Mall.
Ready to make your move to Bronx? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.