True Cost of Renting in The Bronx, NYC
The Bronx offers the lowest median rents of NYC's five boroughs while maintaining full subway access to Manhattan jobs. Riverdale in the northwest is a leafy neighborhood with views of the Hudson, while the South Bronx is experiencing genuine investment and gentrification pressure. Con Edison serves the entire borough, and the 1/2/4/5/6/B/D subway lines provide solid coverage.
Neighborhoods & Average Rents
Riverdale
- Studio:
- $1,500/mo
- 1 Bed:
- $1,900/mo
- 2 Bed:
- $2,700/mo
Affluent northern neighborhood overlooking the Hudson River; mix of large cooperative buildings and apartment complexes. 1 train to Midtown in 35–45 minutes. Car ownership common; street parking easier than southern Bronx. Con Edison electric.
Fordham / Belmont
- Studio:
- $1,200/mo
- 1 Bed:
- $1,600/mo
- 2 Bed:
- $2,200/mo
Central Bronx near Fordham University and the Bronx Zoo; primarily Latino community with strong small business culture. D/4 subway access. Most affordable NYC rents near transit. Older building stock — budget for higher Con Edison bills in summer.
Mott Haven / South Bronx
- Studio:
- $1,400/mo
- 1 Bed:
- $1,800/mo
- 2 Bed:
- $2,500/mo
Rapidly gentrifying southernmost Bronx neighborhood; new construction mixed with older buildings. 6 train to Manhattan in 15–20 minutes — the best transit value in the borough. Art galleries and new restaurants signal continued investment. Renters insurance recommended.
Utility Providers
- Electric
- Con Edison (Consolidated Edison)
- Water
- NYC Department of Environmental Protection (typically landlord-included)
- Internet
- Spectrum, Verizon Fios, Optimum
Commute & Transportation
The Bronx has the most subway lines of any outer borough relative to its size. The 4/5/6 IRT Lexington Avenue express runs through the heart of the Bronx with direct service to Grand Central in 20–25 minutes from Mott Haven. The D/B trains cross the Bronx from east to west and connect to Midtown via the D Express. Metro-North (Harlem and New Haven lines) serves the Bronx with express service to Grand Central. Major employers in the Bronx: Montefiore Medical Center (25,000 employees), Albert Einstein College of Medicine, BronxCare Health System, and New York Presbyterian. Yankee Stadium drives local commercial activity around the 161st Street station.
Rental Market Overview
The Bronx offers NYC's lowest rents with genuine subway access — a 1BR in Mott Haven with a 20-minute subway commute to Midtown is an extraordinary value proposition by NYC standards. The tradeoff is that South Bronx gentrification has accelerated since 2018, compressing the affordability window. Rent stabilization covers a significant portion of Bronx apartments — check DHCR records. Con Edison serves the borough at standard NYC rates. Broker fees are less common than in Manhattan. Many older buildings are HDFC cooperatives or subsidized housing — income limits may apply for some units. Building age means higher winter heating bills in non-upgraded units.
Data last updated: 2026-04
Compare Apartments in The Bronx
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