2442 Wallace Ave
2442 Wallace Ave,
The Bronx, NY 10467
$3,777 | 3 Beds
Allerton
Bronx, NY
Allerton - Bronx, NY
Area Guide
A green oasis in the heart of the Bronx
Energetic
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Walkable
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Subway
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Parks
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Nestled at the heart of the Bronx, Allerton borders the expansive Bronx Park, home to the Bronx Zoo and New York Botanical Garden. This area is rich in green spaces such as Waring Playground and Reiss Field, making it ideal for outdoor enthusiasts. The neighborhood's streets are lined with mid-rise brick apartment buildings, small co-ops, and condos, with rental prices generally lower than the Manhattan average.
Residents enjoy a diverse array of eateries like Roma Pizza and Halal Chandni Chowk, alongside convenient grocery options including Key Food and Foodtown. A highlight is the replica of the French Our Lady of Lourdes Grotto at St. Lucy Roman Catholic Church, believed to be a place of healing.
Allerton is a haven for commuters, with the 2 and 5 subway lines providing easy access to Midtown Manhattan in about an hour. Additionally, several bus lines and major roadways like U.S. 1 and Bronx River Parkway make traveling around the city straightforward. While some residents work locally, many commute to nearby areas. Educational opportunities are abundant, with reputable schools like the Collegiate Institute for Math & Science.
An interesting historical tidbit: the neighborhood is named after Daniel Allerton, a prominent figure in the region’s early development. Whether you're seeking the community vibe or easy access to city amenities, Allerton offers a compelling balance.
Explore the Neighborhood
Bronx Park walkway and bike path
Chess tables in Bronx Park
Allerton is a very walkable neighborhood
Stained glass at the Allerton Avenue subway station
Shops line the streets of Allerton
Pelham Parkway provides more outdoor space
Rent Trends
As of March 2025, the average apartment rent in Allerton is $1,296 for a studio, $1,339 for one bedroom, $1,518 for two bedrooms, and $1,541 for three bedrooms. Apartment rent in Allerton has increased by 0.8% in the past year.
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Studio
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432 sq ft
Average Sq Ft
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$1,296/month
Average Rent
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1 BR
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561 sq ft
Average Sq Ft
-
$1,339/month
Average Rent
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2 BR
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732 sq ft
Average Sq Ft
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$1,518/month
Average Rent
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3 BR
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944 sq ft
Average Sq Ft
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$1,541/month
Average Rent
Transportation
90
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
91
Rider's Paradise
out of 100 TransitScore® Rating
Living in this area is considered a rider’s paradise, with world-class transportation.
76
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- Bronx Park
- New York Botanical Garden
- Bronx Zoo
- Williamsbridge Oval
- Poe Park
Military Bases
Airports
- Laguardia
- John F Kennedy International
Top Apartments in Allerton
Houses for Rent in Allerton
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.