Cheapest Neighborhoods in Bronx, NY
Some of the cheapest neighborhoods in Bronx are East Bronx, Kingsbridge Heights, and Jerome Park. These neighborhoods offer some of the lowest rent prices in Bronx, making them ideal for renters on a budget. As of September 16, 2026, the average rent in Bronx is $1,678, which is 0.9% 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
$2,126/Month
Year-Over-Year Rent Change
1.2%
Units Available
19 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.
Kingsbridge Heights
Average Rent
$2,410/Month
Units Available
17 Rentals
Kingsbridge Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Kingsbridge Heights is $2,410 while the city average is $1,678. Residents enjoy convenient access to Williamsbridge Oval, Fordham University, Rose Hill, and 238 Street.
Jerome Park
Average Rent
$2,415/Month
Year-Over-Year Rent Change
0.7%
Units Available
20 Rentals
Jerome Park captivates with its scenic views and calm residential atmosphere. Known for its budget-friendly rentals, this neighborhood offers a blend of suburban peace within urban reach. The nearby park of the same name provides an oasis of greenery and a perfect spot for relaxation along the Jerome Park Reservoir.
Fordham Manor
Average Rent
$2,838/Month
Year-Over-Year Rent Change
1.2%
Units Available
11 Rentals
When you’re looking for a great Bronx neighborhood on a budget, check out Fordham Manor. The average rent is $2,838, compared to the city average of $1,678. Rent prices have increased by 1.2%. Fordham Manor is convenient to Fordham University, Rose Hill, The Shops at the Armory, and Lehman College.
South Bronx
Average Rent
$3,290/Month
Year-Over-Year Rent Change
0.2%
Units Available
205 Rentals
South Bronx is an affordable neighborhood in Bronx with an average rent price of $3,290. Compare this to the city average of $1,678. In the past year, rent prices have increased by 0.2%. South Bronx provides easy access to LaGuardia, Hostos Community College, and East 149 Street.
Harlem River Waterfront
Average Rent
$3,325/Month
Year-Over-Year Rent Change
4.7%
Units Available
196 Rentals
If you’re looking for a great, affordable neighborhood in Bronx, Harlem River Waterfront might be the perfect place! It has an average rent price of $3,325, while the city’s average stands at $1,678. In the last year, prices have decreased by 4.7%. Harlem River Waterfront is near 3 Avenue-138 Street, Cypress Avenue, and St. Mary's Park.
Mott Haven
Average Rent
$3,358/Month
Year-Over-Year Rent Change
3.1%
Units Available
60 Rentals
Mott Haven is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mott Haven is $3,358 while the city average is $1,678. This is a 3.1% difference from last year. Residents enjoy convenient access to St. Mary's Park, Randall's Island Park, and The City College of New York.
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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.