Cheap Homes for Rent in Market East Neighborhood of Philadelphia, PA from $900 (119 Rentals)

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

property at 1324 Locust St

1324 Locust St

PhiladelphiaPA19107
property at 120 Chestnut St

120 Chestnut St

PhiladelphiaPA19106

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 630 South St

630 South St

PhiladelphiaPA19147
property at 1442 Lombard St

1442 Lombard St

PhiladelphiaPA19146
property at 1324 Locust St

1324 Locust St

PhiladelphiaPA19107

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.

Read Article
property at 50 S 2nd St

50 S 2nd St, Unit 2B

50 S 2nd St
PhiladelphiaPA19106
property at 50 S 2nd St

50 S 2nd St, Unit 3A

50 S 2nd St
PhiladelphiaPA19106

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.

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property at 606 S 16th St

606 S 16th St, Unit 2

606 S 16th St
PhiladelphiaPA19146
property at 116 N 9th St

116 N 9th St, Unit 2F

116 N 9th St
PhiladelphiaPA19107
property at 105 S 2nd St

105 S 2nd St

PhiladelphiaPA19106
property at 518 S 13th St

518 S 13th St, Unit 1

518 S 13th St
PhiladelphiaPA19147
Showing Results 1-50, Page 1 of 3

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
Marine ClubStudioStudio,1BA$1,120
1200 Manor ResidenceStudioStudio,1BA$1,200
The Quincy ApartmentsStudioStudio,1BA$1,200
1613 Pine StStudio 2FStudio,1BA$1,200
The DrakeSKStudio,1BA$1,265

Best Value Apartments for Rent in Market East, PA

As of May 12, 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 608 N 11th St Model at 608 N 11th St, Unit 608 n. 11th starting at $1,850 with a $1.16 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.
1928 Rodman St, Unit C1928 Rodman St3BR,2.5BA$1.64
608 N 11th St, Unit 608 n. 11th608 N 11th St4BR,1BA$1.16
421 Fairmount Ave, Unit 2421 Fairmount Ave2BR,1BA$1.25
1325 Buttonwood St, Unit 11325 Buttonwood St2BR,3.5BA$1.49
The Residences3BR/2.0BA3BR,2BA$1.71
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
The Homes at Chapel Lofts1BR/1.5BA1BR,1.5BA$1.75
Universal Court 11 Bed, 1 bath1BR,1BA$1.29

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Market East

What type of rentals are currently available in Market East?

There are currently 1868 Apartments for Rent in Market East, PA with pricing that ranges from $655 to $33,230. There are also 449 Single Family Homes for rent, Condos, and Townhome rentals currently available in Market East ranging from $950 to $17,900.

What is the current price range for Rental Homes in Market East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Market East ranges from $950 to $17,900 with an average monthly rent of $4,045.

How much are larger Three and Four Bedroom Rentals in Market East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Market East range from $1,119 to $17,810, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,460 to $17,900. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,241.

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 Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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

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

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.