Average rent in Pelham Parkway
August 2026 asking-rent percentiles by bedroom size.
The median asking rent for a 1 bedroom in Pelham Parkway is $1,850 as of August 2026, based on 5 observations for that apartment size. The middle of the market extends from about $1,810 at the 30th percentile to $1,890 at the 70th percentile.
| Size | 10th | 30th | Median | 70th | 90th | Sample |
|---|---|---|---|---|---|---|
| 1 Bedroom | $1,770 | $1,810 | $1,850 | $1,890 | $1,945 | 5 |
What the rent range shows
For 1 bedroom apartments, the 10th-to-90th-percentile spread is $1,770 to $1,945, a difference of $175. That range describes current asking prices, not signed lease rents, and the sample size shown beside each row applies only to that bedroom size.
The neighborhood has 7 observations across available bedroom sizes. Only bedroom groups with at least five observations are published; smaller groups are withheld because a handful of listings can produce a misleading median.
Historical Pelham Parkway rent context
This fallback uses the latest 100 valid listing observations in RentReboot's history, spanning 2025-09-16 through 2026-08-14 and covering 88 properties.
The all-bedroom historical median is $2,150. This mixes apartment sizes and is context—not a substitute for a current bedroom-specific median.
| Size | 25th | Median | 75th | Sample |
|---|---|---|---|---|
| Studio | $1,650 | $1,680 | $1,680 | 9 |
| 1 Bedroom | $1,800 | $1,987 | $2,382 | 60 |
| 2 Bedrooms | $2,400 | $2,600 | $2,705 | 24 |
| 3 Bedrooms | $3,000 | $3,100 | $3,215 | 7 |
The median reported days on market was 2 days across 100 usable observations. 41% of 85 listings with a known fee flag were advertised as no-fee. 7% of 61 observations with price-change tracking recorded a reduction.
Nearby rental markets with stronger current samples
When Pelham Parkway has limited inventory, these nearby markets provide a more stable current benchmark. Distances are approximate straight-line distances between neighborhood centers.
- Bronx — 0.4 miles away; 1 bedroom median $2,800 from 945 current observations
- Morris Park — 0.7 miles away; 1 bedroom median $2,100 from 9 current observations
- Belmont — 1.3 miles away; 1 bedroom median $2,425 from 8 current observations
How to use this data
Compare an apartment's asking rent with the percentile range for the same bedroom count. A listing below the 30th percentile is inexpensive relative to this sample; one above the 70th percentile is at the higher end. Differences in condition, concessions, exact location, amenities, and listing age can still explain a large price gap.
Use this number to check the income required under NYC's 40x rule, learn how to find rent-stabilized apartments, or decide when to start your search.
RentReboot removes current bedroom groups with fewer than 5 observations from this report. Historical figures are independently labeled and use at most the latest 100 valid observations. Read the rent-data methodology, compare the NYC market summary, or inspect recent Pelham Parkway listings.