Cheap Homes for Rent in Olde City Neighborhood of Philadelphia, PA from $1,200 (5 Rentals)

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

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.

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.

property at 50 S 2nd St

50 S 2nd St, Unit 2B

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.

property at 50 S 2nd St

50 S 2nd St, Unit 3A

50 S 2nd St
PhiladelphiaPA19106
property at 105 S 2nd St

105 S 2nd St

PhiladelphiaPA19106

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 $1,350. The Keystone Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable Olde City apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Old City Apartments118 #301Studio,1BA$1,350
The Keystone ApartmentsElevate Your EverydayStudio,1BA$1,400
The Shirt Corner Apartments0BR/1.0BAStudio,1BA$1,472

Best Value Apartments for Rent in Olde City, PA

As of May 15, 2025 the best value apartment in the Olde City area is the $1.80 price per square foot 36 Model at Mariners Court Apartments in the in the Poplar neighborhood starting from $2,381. The second greatest value Olde City apartment is the 2 Beds, 2 baths Model at Papermill Lofts starting at $1,850 with a $1.54 price per square foot in the Poplar neighborhood. Here is today’s list of the best values for Olde City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners Court Apartments362BR,1BA$1.80
Papermill Lofts2 Beds, 2 baths2BR,2BA$1.54
The Keystone ApartmentsBeautiful Two Bedroom2BR,2BA$3.08
Tower PlaceGetty2BR,2BA$1.97
Papermill Lofts121 #4A1BR,1BA$2.12
1500 LocustOne Bedroom Executive1BR,1BA$3.14
322 on North BroadOne Bedroom A1A21BR,1BA$2.75
The Chocolate Works1Bed 1Bath Loft1BR,1BA$2.46
313 RaceADA1BR,1BA$3.17
The Shirt Corner Apartments0BR/1.0BAStudio ,1BA$3.15

Frequently Asked Questions about Olde City

What type of rentals are currently available in Olde City?

There are currently 283 Apartments for Rent in Olde City, PA with pricing that ranges from $1,100 to $17,810. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olde City ranging from $1,200 to $9,400.

What is the current price range for Rental Homes in Olde City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Olde City ranges from $1,200 to $9,400 with an average monthly rent of $3,570.

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.

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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.