The Riverdale Tower
3745 Riverdale Ave,
The Bronx, NY 10463
Studio - 2 Beds | $2,200 - $4,750
Rental Market Trends in Bronx, NY
What is the average rent in Bronx, NY?
$1,618/month
Average Rent
521 Sq Ft
Average Apartment Size
+0.7%
Increase in the Last Year
As of December 2024, the average rent in Bronx, NY is $1,618 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Bronx rent prices are 4% higher than the national average. When you rent an apartment in Bronx, you can expect to pay about $1,606 per month for a studio, $1,618 for a one-bedroom apartment, and around $2,067 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,373 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Bronx, NY?
In the past year, rent has increased by 0.7%, which averages out to $12 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Bronx, NY
Last Updated December 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
7%
$700 - $1,000/month
32%
$1,001 - $1,500/month
37%
$1,501 - $2,000/month
21%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Bronx?
Based on current rent prices, Middletown-Pelham Bay, Van Courtlandt Park and City Island are the most affordable neighborhoods in Bronx.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Bronx?
Based on current rent prices, Mott Haven, Harlem River Waterfront and Fordham Manor are the most expensive neighborhoods in Bronx.
Neighborhood
Average Rent
Average Sq Ft
Which Bronx neighborhoods have the most rentals available?
The neighborhoods in Bronx with the most apartments available are West Bronx, Belmont and Fieldston .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Bronx, NY?
Because the average rent in Bronx is $1,618, you’ll want to make about $5,393 per month or $64,716 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Bronx, NY compare to other nearby cities and neighborhoods?
Use the tool below to compare Bronx, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,809/month
$2,879/month
One Bedroom
$1,558/month
$3,042/month
Two Bedroom
$1,978/month
$3,539/month
Three Bedroom
$2,069/month
$1,679/month
Nearby City Rent Trends
Apartment communities in Bronx we think you'll love
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† 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.
* Percentages may not total 100 due to rounding.