Cheap Apartments for Rent in the Market East Neighborhood of Philadelphia, PA from $600 (350 Rentals)

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

property at 1316 Pine St

1316 Pine St

PhiladelphiaPA19107
property at 235 S 15th St

235 S 15th St

PhiladelphiaPA19102
property at 201 S 13th St

201 S 13th St

PhiladelphiaPA19107
property at 830 South St

830 South St

PhiladelphiaPA19147
property at 145 S 13th St

145 S 13th St

PhiladelphiaPA19107
Showing Results 1-50, Page 1 of 7

Market East, Philadelphia, PA Local Guide

Cheapest Available Market East Apartments for Rent

 

The cheapest available apartment rental in the Market East area of Philadelphia, PA is a 1 Bed unit found at Universal Court 1 priced from $812. Juniper Place has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Market East apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Universal Court 11 Bed, 1 bath1BR,1BA$812
Juniper PlaceStudioStudio,1BA$950
The ClaremontStudioStudio,1BA$950
1919 Spring Garden Street1 Bedroom1BR,1BA$1,000
1606-1608 Locust StStudio - 2nd FloorStudio,1BA$1,000
The Chancellor03Studio,1BA$1,050
Green Street PortfolioStudioStudio,1BA$1,070
1433 Spruce StStudio - 3MStudio,1BA$1,075
Bainbridge LoftsBainbridge One Bedroom Loft1BR,1BA$1,186

Best Value Apartments for Rent in Market East, PA

As of March 23, 2025 the best value apartment in the Market East area is the $1.11 price per square foot 505 South St Model at 505 South St, Unit 3 in the in the Center City neighborhood starting from $1,995. The second greatest value Market East apartment is the 1325 Buttonwood St Model at 1325 Buttonwood St, Unit 1 starting at $2,500 with a $1.56 price per square foot in the Poplar neighborhood. Here is today’s list of the best values for Market East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
505 South St, Unit 3505 South St3BR,2BA$1.11
1325 Buttonwood St, Unit 11325 Buttonwood St2BR,3.5BA$1.56
420 Gaskill St, Unit 2FR420 Gaskill St2BR,1BA$1.33
The Residences3BR/2.0BA3BR,2BA$1.58
760 E Passyunk Ave, Unit 2760 E Passyunk Ave1BR,1BA$1.20
508 South St, Unit 300508 South St3BR,1BA$1.65
WLIVING at 117 Spring Garden2 BR/2 BA2BR,2BA$1.66
608 N 2nd St, Unit 2nd Floor608 N 2nd St2BR,1BA$1.38
Green Street PortfolioStudioStudio ,1BA$1.33
Universal Court 11 Bed, 1 bath1BR,1BA$1.29

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Market East, Philadelphia, PA

Ranked #4

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 brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Pennsylvania and customized analysis for Central Philadelphia, PA. 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 proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Market East Apartments

What is a cheap apartment in Market East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Market East is under $1,186.

What is the price of a cheap apartment in Market East?

The cheapest apartment in Market East is Universal Court 1 which is listed at $812, while the average apartment in Market East costs $4,519.

What types of apartments are the cheapest in Market East?

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 11,336 regular apartments in Market East 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 Market East?

Cheap apartments in Market East have an average cost of $1,176 which is $3,343 cheaper than the average rent for all rentals in Market East.

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.