Cheap Apartments for Rent in the Market East Neighborhood of Philadelphia, PA from $600 (327 Rentals)

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

property at 1109 Wallace St

1109 Wallace St

PhiladelphiaPA19123
property at 1333 Pine St

1333 Pine St

PhiladelphiaPA19107

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property at 515 S 6th St

515 S 6th St

PhiladelphiaPA19147
property at 201 S 13th St

201 S 13th St

PhiladelphiaPA19107
property at 640 N 7th St

640 N 7th St

PhiladelphiaPA19123
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
1606-1608 Locust StStudio - 2nd FloorStudio,1BA$950
1501 Locust St Residential0BR/1.0BAStudio,1BA$1,000
The Quincy ApartmentsStudioStudio,1BA$1,200
1613 Pine StStudio 2FStudio,1BA$1,200
1200 Manor ResidenceStudioStudio,1BA$1,200
The DrakeSKStudio,1BA$1,265

Best Value Apartments for Rent in Market East, PA

As of May 16, 2025 the best value apartment in the Market East area is the $1.64 price per square foot 1928 Rodman St Model at 1928 Rodman St, Unit C in the in the Belmont neighborhood starting from $3,195. The second greatest value Market East apartment is the 1327 Rodman St Model at 1327 Rodman St, Unit 1 starting at $3,400 with a $1.79 price per square foot in the Center City 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.
1928 Rodman St, Unit C1928 Rodman St3BR,2.5BA$1.64
1327 Rodman St, Unit 11327 Rodman St3BR,3BA$1.79
421 Fairmount Ave, Unit 2421 Fairmount Ave2BR,1BA$1.25
1325 Buttonwood St, Unit 11325 Buttonwood St2BR,3.5BA$1.49
Mariners Court Apartments362BR,1BA$1.80
Papermill Lofts2 Beds, 2 baths2BR,2BA$1.54
508 South St, Unit 300508 South St3BR,1BA$1.65
628 N 11th St, Unit 8628 N 11th St2BR,2BA$1.73
504 South St, Unit 2F504 South St2BR,1BA$1.88
Universal Court 11 Bed, 1 bath1BR,1BA$1.29

Quick Rent Budget Calculator

How much rent can you afford?

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Pet Friendly Lifestyle
Market East, Philadelphia, PA

Ranked #3

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 $1,265.

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 $13,272.

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 319 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 $1,273 which is $11,999 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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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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

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