Cheap Apartments for Rent in Philadelphia, PA from $300 (1,833 Rentals)

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Cheap Apartments in Philadelphia.

property at 1447 N 17th St

1447 N 17th St

PhiladelphiaPA19121

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 2200 N 11th St

2200 N 11th St

PhiladelphiaPA19133
property at 1316 Pine St

1316 Pine St

PhiladelphiaPA19107
property at 6935 N 15th St

6935 N 15th St

PhiladelphiaPA19126

Philadelphia, PA Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Philadelphia, PA

Pricing Updated: 05/03/2025

Current apartment rentals in the Philadelphia, PA area range in price from $500 to $17,900 with an overall median price of $3,815. The three Philadelphia neighborhoods with the lowest median rent pricing are Barclay Square at $1,050, Juniata Park Feltonville at $895, and Beverly Hills at $1,050. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Philadelphia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Barclay Square$1,500$1,05013
Juniata Park Feltonville$1,500$89520
Beverly Hills$1,500$1,05012
Allegheny West$1,600$70039
East Oak Lane$1,625$1,1508
Tioga Nicetown$1,625$70031
Oak Lane East Oak Lane$1,650$1,4504
Millbourne$1,795$70055
Buckman Village$1,800$1,6003
Castor$1,800$1,10010

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. Temple Crossing in the Poplar neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $620. 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
Temple CrossingSpring Move-In Near Temple University4BR,2BA$620
Student Housing - Newly Renovated1BR/1.0BA1BR,1BA$680
Temple Apartments3BR/2.0BA3BR,2BA$695
1537-41 Seybert3BR/3.0BA3BR,3BA$700

Best Value Apartments for Rent in Philadelphia, PA

As of May 03, 2025 the best value apartment in the Philadelphia area is the $0.78 price per square foot 704 Oak Ln Model at 704 Oak Ln, Unit B in the in the West Oak Lane neighborhood starting from $2,400. The second greatest value Philadelphia apartment is the 1201 N Howard St Model at 1201 N Howard St, Unit 3 starting at $1,700 with a $0.68 price per square foot in the Poplar 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.
704 Oak Ln, Unit B704 Oak Ln4BR,1BA$0.78
1201 N Howard St, Unit 31201 N Howard St2BR,1BA$0.68
6147 Old York Rd, Unit 16147 Old York Rd2BR,1BA$0.72
376 Beverly Boulevard 2nd floor, Unit Second floor376 Beverly Boulevard 2nd floor2BR,1BA$0.65
5218 Gainor Rd, Unit #25218 Gainor Rd3BR,1BA$0.75
732 W Erie Ave, Unit 2nd Floor732 W Erie Ave1BR,1BA$0.70
Skyline Apartments2 Bedrooms, 1 Bathroom2BR,1BA$0.71
The Brownstones at Diamond StreetTwo Bedrooms2BR,1.5BA$0.74
Temple CrossingSpring Move-In Near Temple University4BR,2BA$0.65
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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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

Philadelphia, PA Area Reviews

  • Parks
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  • Local Vibes
  • Restaurants
  • Location
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  • Cost of Living
  • Safety

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 $799 at The View at Montgomery.

What is the most affordable Philadelphia Three Bedroom Apartment?

The best deal on a cheap Philadelphia Three Bedroom Apartment rental is at Temple Apartments and starts from $695.

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.