Cheap Apartments for Rent in the Belmont Neighborhood of Philadelphia, PA from $500 (588 Rentals)

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

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

property at 101 N 58th St

101 N 58th St

PhiladelphiaPA19139
property at 5122 Arch St

5122 Arch St

PhiladelphiaPA19139
property at 531 Budd St

531 Budd St

PhiladelphiaPA19104

Belmont, Philadelphia, PA Local Guide

Cheapest Available Belmont Apartments for Rent

 

The cheapest available apartment rental in the Belmont area of Philadelphia, PA is a 4 Beds unit found at Student Housing - Newly Renovated priced from $645. Winchester Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Belmont apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Student Housing - Newly Renovated4 BEDROOM/2 BATH4BR,2BA$645
Winchester ApartmentsMontgomeryStudio,1BA$850
The Brownstones at Diamond StreetTwo Bedrooms2BR,1BA$860
Hoffman Place Apartments1 Bedroom1BR,1BA$895
University Court ApartmentsStudioStudio,1BA$895
Belmont PlaceStudioStudio,1BA$925
The CornerstoneOne Bedroom1BR,1BA$940
Mt Vernon Manor Phase IIMt. Vernon II2BR,1BA$955
Mantua Preservation ProjectMantua Preservation Project2BR,1BA$992

Best Value Apartments for Rent in Belmont, PA

As of April 23, 2025 the best value apartment in the Belmont area is the $0.75 price per square foot 5218 Gainor Rd Model at 5218 Gainor Rd, Unit #2 in the in the Belmont neighborhood starting from $1,500. The second greatest value Belmont apartment is the 2 Bedroom Model at The Lofts at Brewerytown starting at $1,650 with a $1.00 price per square foot in the Belmont neighborhood. Here is today’s list of the best values for Belmont apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5218 Gainor Rd, Unit #25218 Gainor Rd3BR,1BA$0.75
The Lofts at Brewerytown2 Bedroom2BR,2BA$1.00
5850 Chestnut St, Unit 2ND FLOOR5850 Chestnut St2BR,1BA$0.91
516 N 34th St, Unit A516 N 34th St3BR,1BA$1.17
Sharswood CrossingTwo Bedroom2BR,1BA$0.99
The Brownstones at Diamond StreetTwo Bedrooms2BR,1.5BA$0.74
5133 Parrish St, Unit 2nd floor5133 Parrish St2BR,1BA$1.00
Mantua Preservation ProjectMantua Preservation Project2BR,1BA$0.99
2016 N 57th St, Unit 12016 N 57th St2BR,1BA$1.12
3864 W Girard Ave, Unit 2nd Floor B13864 W Girard Ave1BR,1BA$0.88

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Pet Friendly Lifestyle
Belmont, Philadelphia, PA

Ranked #19

Among neighborhoods in Philadelphia, PA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Pennsylvania including Belmont, Philadelphia, and the greater Philadelphia area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Belmont Neighborhood in Philadelphia, PA

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

68 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Belmont Apartments

What is a cheap apartment in Belmont?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Belmont is under $992.

What is the price of a cheap apartment in Belmont?

The cheapest apartment in Belmont is Student Housing - Newly Renovated which is listed at $680, while the average apartment in Belmont costs $8,290.

What types of apartments are the cheapest in Belmont?

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 269 regular apartments in Belmont 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 Belmont?

Cheap apartments in Belmont have an average cost of $679 which is $7,611 cheaper than the average rent for all rentals in Belmont.

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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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.

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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.

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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.