Most Affordable Neighborhoods in Yonkers, NY

Some of the cheapest neighborhoods in Yonkers are Park Hill, Lincoln Park, and Nodine Hill. These neighborhoods offer some of the lowest rent prices in Yonkers, making them ideal for renters on a budget. As of May 2, 2025, the average rent in Yonkers is $2,282, which is 2.6% 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.

Park Hill

Average Rent

$1,992/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

63/100

Units Available

3 Rentals

When you’re looking for a great Yonkers neighborhood on a budget, check out Park Hill. The average rent is $1,992, compared to the city average of $2,282. Rent prices have increased by 0.6%. Park Hill is convenient to Van Cortlandt Park, Monroe College, Bronx Campus, and 233 Street. The community is walkable with a WalkScore® of 80.

Lincoln Park

Average Rent

$2,000/Month

TransitScore® Rating

46/100

Units Available

1 Rentals

Lincoln Park is an affordable neighborhood in Yonkers with an average rent price of $2,000. Compare this to the city average of $2,282. Lincoln Park provides easy access to McLean Plaza, Wave Hill, and Shops at Cross County. It’s a walkable neighborhood with a WalkScore® of 78.

Nodine Hill

Average Rent

$2,000/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

58/100

Units Available

1 Rentals

If you’re looking for a great, affordable neighborhood in Yonkers, Nodine Hill might be the perfect place! It has an average rent price of $2,000, while the city’s average stands at $2,282. In the last year, prices have increased by 0.6%. Nodine Hill is near Westchester County, Wave Hill, and Wakefield-241 Street.

Cedar Knolls

Average Rent

$2,200/Month

TransitScore® Rating

49/100

Units Available

1 Rentals

Cedar Knolls is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cedar Knolls is $2,200 while the city average is $2,282. Residents enjoy convenient access to Wakefield-241 Street, 225 Street, and Eastchester-Dyre Ave. The neighborhood is considered somewhat walkable with a WalkScore® of 65.

Ludlow

Average Rent

$2,266/Month

Year-Over-Year Rent Change

1.9%

TransitScore® Rating

61/100

Units Available

10 Rentals

When you’re looking for a great Yonkers neighborhood on a budget, check out Ludlow. The average rent is $2,266, compared to the city average of $2,282. Rent prices have decreased by 1.9%. Ludlow is convenient to Riverdale Park, McLean Plaza, and Manhattan College. The community is walkable with a WalkScore® of 84.

Southeast Yonkers

Average Rent

$2,318/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

61/100

Units Available

14 Rentals

Southeast Yonkers is an affordable neighborhood in Yonkers with an average rent price of $2,318. Compare this to the city average of $2,282. In the past year, rent prices have increased by 0.8%. Southeast Yonkers provides easy access to Wakefield-241 Street, Seton Falls Park, and Cross County Shopping Center. It’s a walkable neighborhood with a WalkScore® of 81.

Colonial Heights

Average Rent

$2,412/Month

Year-Over-Year Rent Change

1.9%

TransitScore® Rating

39/100

Units Available

10 Rentals

If you’re looking for a great, affordable neighborhood in Yonkers, Colonial Heights might be the perfect place! It has an average rent price of $2,412, while the city’s average stands at $2,282. In the last year, prices have increased by 1.9%. Colonial Heights is near Laguardia, Ward Acres, and Lenoir Preserve.

Dunwoodie

Average Rent

$2,425/Month

TransitScore® Rating

46/100

Units Available

4 Rentals

Dunwoodie is a top choice for budget-conscious renters for a variety of reasons. The average rent in Dunwoodie is $2,425 while the city average is $2,282. Residents enjoy convenient access to Shops at Cross County, Cross County Shopping Center, and Sarah Lawrence College. The neighborhood is considered walkable with a WalkScore® of 71.

Lawrence Park

Average Rent

$2,430/Month

Units Available

3 Rentals

When you’re looking for a great Yonkers neighborhood on a budget, check out Lawrence Park. The average rent is $2,430, compared to the city average of $2,282. Lawrence Park is convenient to Iona College, 233 Street, and Laguardia.

Crestwood

Average Rent

$2,586/Month

TransitScore® Rating

43/100

Units Available

13 Rentals

Crestwood is an affordable neighborhood in Yonkers with an average rent price of $2,586. Compare this to the city average of $2,282. Crestwood provides easy access to 225 Street, Eastchester-Dyre Ave, and Sheldrake Environmental Center. It’s a walkable neighborhood with a WalkScore® of 71.

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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.