Cheapest Neighborhoods in Bronx, NY
Some of the cheapest neighborhoods in Bronx are East Bronx, Fordham Manor, and Jerome Park. These neighborhoods offer some of the lowest rent prices in Bronx, making them ideal for renters on a budget. As of June 17, 2026, the average rent in Bronx is $1,636, which is 0.1% lower 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
$2,287/Month
Year-Over-Year Rent Change
0.9%
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.
Fordham Manor
Average Rent
$2,561/Month
Year-Over-Year Rent Change
1%
Units Available
10 Rentals
Fordham Manor is a top choice for budget-conscious renters for a variety of reasons. The average rent in Fordham Manor is $2,561 while the city average is $1,636. This is a 1% difference from last year. Residents enjoy convenient access to The Shops at Marble Hill, Williamsbridge Oval, and Fordham Road (B,D Line).
Jerome Park
Average Rent
$2,573/Month
Year-Over-Year Rent Change
1.2%
Units Available
21 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.
Spuyten Duyvil
Average Rent
$2,716/Month
Year-Over-Year Rent Change
2.4%
Units Available
12 Rentals
Spuyten Duyvil provides a picturesque setting with its waterfront views and budget-conscious rental opportunities. Enjoy the scenic beauty of the Hudson River while benefiting from the neighborhood’s commuter-friendly environment. The blend of nature and affordability makes it a hidden gem for savvy renters.
Mott Haven
Average Rent
$3,117/Month
Year-Over-Year Rent Change
4.6%
Units Available
197 Rentals
When you’re looking for a great Bronx neighborhood on a budget, check out Mott Haven. The average rent is $3,117, compared to the city average of $1,636. Rent prices have decreased by 4.6%. Mott Haven is convenient to 149 Street-Grand Concourse, Mill Pond Park, and Brook Avenue.
Harlem River Waterfront
Average Rent
$3,121/Month
Year-Over-Year Rent Change
9.1%
Units Available
196 Rentals
Harlem River Waterfront is an affordable neighborhood in Bronx with an average rent price of $3,121. Compare this to the city average of $1,636. In the past year, rent prices have decreased by 9.1%. Harlem River Waterfront provides easy access to LaGuardia, 3 Avenue-138 Street, and Hostos Community College.
South Bronx
Average Rent
$3,156/Month
Year-Over-Year Rent Change
3%
Units Available
238 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 $3,156, while the city’s average stands at $1,636. In the last year, prices have decreased by 3%. South Bronx is near St. Mary's Park, Barretto Point Park, and Bronx Community College.
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.