Most Affordable Neighborhoods in Bronx, NY
Some of the cheapest neighborhoods in Bronx are East Bronx, West Bronx, and Central Riverdale. These neighborhoods offer some of the lowest rent prices in Bronx, making them ideal for renters on a budget. As of November 3, 2025, the average rent in Bronx is $1,643, which is 0.8% 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
$2,292/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
85/100
Units Available
16 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
$2,443/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
99/100
Units Available
16 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.
Central Riverdale
Average Rent
$2,616/Month
TransitScore® Rating
85/100
Units Available
10 Rentals
When you’re looking for a great Bronx neighborhood on a budget, check out Central Riverdale. The average rent is $2,616, compared to the city average of $1,643. Central Riverdale is convenient to Wave Hill, Bronx Community College, and Inwood Hill Park. The community is walkable with a WalkScore® of 96.
Spuyten Duyvil
Average Rent
$2,705/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
80/100
Units Available
14 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.
South Bronx
Average Rent
$3,735/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
97/100
Units Available
385 Rentals
South Bronx is an affordable neighborhood in Bronx with an average rent price of $3,735. Compare this to the city average of $1,643. In the past year, rent prices have increased by 0.9%. South Bronx provides easy access to The City College of New York, East 149 Street, and Barretto Point Park. It’s a walkable neighborhood with a WalkScore® of 88.
Mott Haven
Average Rent
$3,774/Month
Year-Over-Year Rent Change
6.4%
TransitScore® Rating
100/100
Units Available
344 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 $3,774, while the city’s average stands at $1,643. In the last year, prices have decreased by 6.4%. Mott Haven is near Mill Pond Park, 3 Avenue-149 Street, and Randall's Island Park.
Harlem River Waterfront
Average Rent
$3,776/Month
Year-Over-Year Rent Change
4%
TransitScore® Rating
99/100
Units Available
343 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 $3,776 while the city average is $1,643. This is a 4% difference from last year. Residents enjoy convenient access to 3 Avenue-138 Street, The City College of New York, and Captain Rivera Playground. The neighborhood is considered walkable with a WalkScore® of 87.
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.