The Reserve
215 E 124th St,
New York, NY 10035
$1,595 - $5,450
2-4 Beds
South Bronx is a large portion of the borough along the East River. There are affordable apartments available for rent in this neighborhood, but there are also upscale rental options, especially closer to Upper Manhattan. South Bronx is home to the iconic Yankee Stadium, Saint Mary’s Park, the Lincoln Medical Center, Claremont Park, and Crotona Park. Abundant subway stations sit within the neighborhood, and residents appreciate the close-knit community and central location that South Bronx offers. Many residents commute into Manhattan for work or entertainment, located only five miles south of town.
As of March 2026, the average apartment rent in South Bronx is $1,959 for a studio, $1,858 for one bedroom, $2,342 for two bedrooms, and $2,813 for three bedrooms. Apartment rent in South Bronx has decreased by -3.4% in the past year.
Studio
401 sq ft
Average Sq Ft
$1,959/month
Average Rent
1 BR
491 sq ft
Average Sq Ft
$1,858/month
Average Rent
2 BR
646 sq ft
Average Sq Ft
$2,342/month
Average Rent
3 BR
817 sq ft
Average Sq Ft
$2,813/month
Average Rent
3,487
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† 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 2026.