Cheap New Apartments for Rent in Philadelphia, PA from $300 (231 Rentals)Page 4 of 5
Search the lowest-cost Apartments available for rent right now in Philadelphia.

University City PENN / PENN MEDICINE/DREXEL

Brewerytown Apartments

The Anchorage on Kelly

1420 Point Breeze Ave

1700 Chestnut

Brand New Modern Apartments

1623-1641 W Venango St

The Keystone Apartments

1218-1222 N Marshall St

Brush Factory Lofts
Philadelphia, PA Local Guide

How much does it cost to rent an apartment in Philadelphia?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Philadelphia Studio Apartments | $1,641 | $455 | $5,445 |
Philadelphia 1 Bedroom Apartments | $2,019 | $550 | $8,182 |
Philadelphia 2 Bedroom Apartments | $2,541 | $499 | $10,000+ |
Philadelphia 3 Bedroom Apartments | $2,769 | $550 | $10,000+ |
Philadelphia 4 Bedroom Apartments | $1,883 | $585 | $10,000+ |
Philadelphia 5 Bedroom Apartments | $2,620 | $1,185 | $5,155 |
Philadelphia 6 Bedroom Apartments | $2,720 | $525 | $4,200 |
Explore Philadelphia
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 a cheap apartment in Philadelphia?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Philadelphia is under $742.
What is the price of a cheap apartment in Philadelphia?
The cheapest apartment in Philadelphia is Four Freedoms House- Seniors 62 yrs and older which is listed at $575, while the average apartment in Philadelphia costs $3,233.
What types of apartments are the cheapest in Philadelphia?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 732,300 regular apartments in Philadelphia that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Philadelphia?
Cheap apartments in Philadelphia have an average cost of $881 which is $2,352 cheaper than the average rent for all rentals in Philadelphia.
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.

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.

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.

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.

Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.