Cheap Apartments for Rent in Philadelphia, PA from $300 (1,840 Rentals)

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Search the lowest-cost Apartments available for rent right now in Philadelphia.

property at 4910 Aspen St

4910 Aspen St

PhiladelphiaPA19139
property at 141 Farson St

141 Farson St

PhiladelphiaPA19139
property at 2200 N 11th St

2200 N 11th St

PhiladelphiaPA19133
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Philadelphia, PA Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Philadelphia, PA

Pricing Updated: 03/02/2025

Current apartment rentals in the Philadelphia, PA area range in price from $455 to $20,000 with an overall median price of $3,256. The three Philadelphia neighborhoods with the lowest median rent pricing are Price Tract at $750, Forty Acres at $750, and Lamokin at $750. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Philadelphia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Price Tract$1,184$750251
Forty Acres$1,270$7502053
Lamokin$1,270$7502053
Oxford Circle Castor$1,425$800840
Traditions at Ridley Creek$1,445$7502305
Sunnyside$1,445$7502525
Brandywine Village$1,450$1,00570
Lawncrest$1,497$8481085
Mayfair$1,520$8001996
Clearview$1,532$8601585

Cheapest Available Philadelphia Apartments for Rent

 

The cheapest available apartment rental in Philadelphia, PA is a Studio unit found at Four Freedoms House- Seniors 62 yrs and older in the West Mount Airy neighborhood priced from $455. Oxford Village in the Poplar neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $499. Here is today’s list of the most affordable Philadelphia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Four Freedoms House- Seniors 62 yrs and olderEfficiencyStudio,1BA$455
Oxford VillageThe Rocky 2x1x4_7402BR,1BA$499
Student Housing - Newly Renovated1BR/1.0BA1BR,1BA$680
1537-41 Seybert3BR/3.0BA3BR,3BA$700

Best Value Apartments for Rent in Philadelphia, PA

As of March 03, 2025 the best value apartment in the Philadelphia area is the $0.53 price per square foot Studio Model at NC Five in the in the Poplar neighborhood starting from $1,160. The second greatest value Philadelphia apartment is the 2 BR / 2 BA Model at 833 N 63rd St starting at $1,595 with a $0.80 price per square foot in the Wynnefield neighborhood. Here is today’s list of the best values for Philadelphia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
NC FiveStudioStudio ,1BA$0.53
833 N 63rd St2 BR / 2 BA2BR,2BA$0.80
Edgewood ApartmentsThree Bedroom3BR,1BA$0.95
1225 W Venango St, Unit 21225 W Venango St2BR,1BA$0.53
202 W Susquehanna Ave, Unit 1202 W Susquehanna Ave1BR,1BA$0.70
1447 N 17th St, Unit B1447 N 17th St4BR,4BA$0.38
5850 Chestnut St, Unit 2ND FLOOR5850 Chestnut St2BR,1BA$0.91
1432 E Cheltenham Ave, Unit #21432 E Cheltenham Ave2BR,1BA$0.54
The Brownstones at Diamond StreetTwo Bedrooms2BR,1.5BA$0.74
The Legacy at Drexel Arms4x24BR,2BA$0.74

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Philadelphia Overview

Sandwiched smack in the middle between DC and NYC, Philadelphia was once called the “6th borough of New York” a number of years back. While it does boast a healthy population of over 1.5 million residents, unlike New York, it never feels crowded and there are plenty of options in Philadelphia apartments for residents to call home. Make no mistake, though, Philadelphia is a friendly city – it features a collection of individual neighborhoods, each with their own charm and unique personalities, where small local businesses thrive and people know each.

Why live in Philadelphia, PA?

When William Penn planned Philadelphia, designating healthful, open green spaces and aesthetically pleasing gathering places for the community was clearly a priority – Franklin Square, Fitler Square, Logan Square, Rittenhouse Square and Washington Square are just a few examples. Families, college students and retired people all find Philadelphia welcoming. From its bike paths to its massive cultural arts roots to its foot-friendly atmosphere, it’s easy to see why Philadelphia is called the “City of Brotherly Love” and living the life in apartments in Philadelphia is so special.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Philadelphia, PA Rentals by Map

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See the most popular apartments and homes in Philadelphia, PA

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Getting Around Philadelphia, PA

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

73 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Philadelphia Apartments

What is the Cheapest Studio apartment in Philadelphia?

Currently the most affordable Cheap Studio Apartment in Philadelphia is at Four Freedoms House- Seniors 62 yrs and older listed at $455.

How much is rent for a Cheap One Bedroom Philadelphia Apartment?

The lowest price for a Cheap One Bedroom Philadelphia Apartment is $575 at Four Freedoms House- Seniors 62 yrs and older.

What is the lowest price for a Cheap Two Bedroom Philadelphia Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Philadelphia is starting from $499 at Oxford Village.

What is the most affordable Philadelphia Three Bedroom Apartment?

The best deal on a cheap Philadelphia Three Bedroom Apartment rental is at Oxford Village and starts from $599.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.