
Cheap Apartments for Rent in the Olde City Neighborhood of Philadelphia, PA from $1,100 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olde City area of Philadelphia.


224 Church St

Broad + Noble

The Ledger Residences

301 Race St

The Shirt Corner Apartments

Lotus

416 Vine St

Head House Flats

220 Locust St

22 S Front St

210 Locust St

257 N 3rd St

Beach Street Landing

322 on North Broad

The Chocolate Works

315 New St

Mariners Court Apartments

312-22 Walnut St

200 N Water St

526 Spruce St

327 Race St

303 Vine St

530 S 2nd St

127 N 4th St, Unit 403

34-34 Letitia St

The National

The Lofts at 509 Vine

Bridge

36 S Strawberry St, Unit 51

Jessup House

The Noble

230-250 N Christopher Columbus Blvd

44 S 3rd St

131 Arch St

36 Strawberry St

234 N Christopher Columbus Blvd

420 Gaskill St, Unit 2FR
Olde City, Philadelphia, PA Local Guide

How much does it cost to rent an apartment in Olde City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Olde City Studio Apartments | $1,869 | $1,300 | $3,975 |
Olde City 1 Bedroom Apartments | $2,458 | $1,500 | $4,375 |
Olde City 2 Bedroom Apartments | $3,493 | $1,600 | $10,000+ |
Olde City 3 Bedroom Apartments | $6,887 | $1,995 | $10,000+ |
Olde City 4 Bedroom Apartments | $16,663 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 1 mile radius of the Olde City Neighborhood of Philadelphia, PA.
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Olde City, Philadelphia, PA Local Guide
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Cheapest Available Olde City Apartments for Rent
 The cheapest available apartment rental in the Olde City area of Philadelphia, PA is a Studio unit found at Old City Apartments priced from $1,300. The Keystone Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,411. Here are the most affordable Olde City apartments for rent in Philadelphia, PA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Old City Apartments | 118 #201 | Studio,1BA | $1,300 |
The Keystone Apartments | Elevate Your Everyday | Studio,1BA | $1,411 |
Broad + Noble | Studio-S1 | Studio,1BA | $1,495 |
The Ledger Residences | 1217 | Studio,1BA | $1,495 |
The Shirt Corner Apartments | 0BR/1.0BA | Studio,1BA | $1,545 |
Waterfront II | 1 Bed 1 Bath | 1BR,1BA | $1,570 |
Beach Street Landing | A1A | Studio,1BA | $1,650 |
The Chocolate Works | 1Bed 1Bath Loft | 1BR,1BA | $1,695 |
Tower Place | Whitney | 1BR,1BA | $1,695 |
The View at Old City | Swanson Extra Large | Studio,1BA | $1,745 |
Best Value Apartments for Rent in Olde City, PA
As of March 23, 2025 the best value apartment in the Olde City 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 Olde City apartment is the 420 Gaskill St Model at 420 Gaskill St, Unit 2FR starting at $2,050 with a $1.33 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Olde City apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
505 South St, Unit 3 | 505 South St | 3BR,2BA | $1.11 |
420 Gaskill St, Unit 2FR | 420 Gaskill St | 2BR,1BA | $1.33 |
The Mercantile Apartments | 2H-3H-4F | 2BR,2BA | $1.88 |
101 Cuthbert St, Unit #3 | 101 Cuthbert St | 1BR,1BA | $2.26 |
36 S Strawberry St, Unit 51 | 36 S Strawberry St | 1BR,1BA | $2.15 |
Tower Place | Whitney | 1BR,1BA | $2.24 |
127 N 4th St, Unit 403 | 127 N 4th St | 1BR,1BA | $2.44 |
The Chocolate Works | 1Bed 1Bath Loft | 1BR,1BA | $2.42 |
Waterfront II | 1 Bed 1 Bath | 1BR,1BA | $2.43 |
The Shirt Corner Apartments | 0BR/1.0BA | Studio ,1BA | $2.60 |
Quick Rent Budget Calculator
How much rent can you afford?
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Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Philadelphia. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Olde City Neighborhood in Philadelphia, PA
Walk Score®
98 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
86 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
97 / 100
Rider’s Paradise
World-class public transportation
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 Olde City Apartments
What is a cheap apartment in Olde City?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olde City is under $1,745.
What is the price of a cheap apartment in Olde City?
The cheapest apartment in Olde City is Waterfront II which is listed at $1,570, while the average apartment in Olde City costs $16,663.
What types of apartments are the cheapest in Olde City?
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 8,153 regular apartments in Olde City 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 Olde City?
Cheap apartments in Olde City have an average cost of $2,048 which is $14,615 cheaper than the average rent for all rentals in Olde City.
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.

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.

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.

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.

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.