Cheap Apartments for Rent in the Penn Center Neighborhood of Philadelphia, PA from $600 (283 Rentals)

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

property at 148 N 21st St

148 N 21st St

PhiladelphiaPA19103
property at 1218 Walnut St

1218 Walnut St

PhiladelphiaPA19107
property at 1324 Locust St

1324 Locust St

PhiladelphiaPA19107
Showing Results 1-50, Page 1 of 6

Penn Center, Philadelphia, PA Local Guide

Cheapest Available Penn Center Apartments for Rent

 

The cheapest available apartment rental in the Penn Center 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 Penn Center 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
The Chancellor03Studio,1BA$1,050
1433 Spruce StStudio - 3MStudio,1BA$1,075
Waverly CourtStudioStudio,1BA$1,095
400 S 9th St1F - StudioStudio,1BA$1,124
Green Street PortfolioOne Bedroom1BR,1BA$1,125
The DrakeSDStudio,1BA$1,147

Best Value Apartments for Rent in Penn Center, PA

As of February 27, 2025 the best value apartment in the Penn Center area is the $1.65 price per square foot 762 S 15th St Model at 762 S 15th St, Unit A in the in the Center City neighborhood starting from $3,300. The second greatest value Penn Center apartment is the 1335 South St Model at 1335 South St, Unit A starting at $2,500 with a $1.54 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Penn Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
762 S 15th St, Unit A762 S 15th St3BR,3BA$1.65
1335 South St, Unit A1335 South St2BR,2BA$1.54
The Residences3BR/2.0BA3BR,2BA$1.58
Green Street PortfolioTwo Bedroom1BR,1BA$1.19
508 South St, Unit 300508 South St3BR,1BA$1.65
1119 Wallace St, Unit 11119 Wallace St2BR,1.5BA$1.80
504 South St, Unit 2F504 South St2BR,1BA$1.88
505 South St, Unit 2505 South St1BR,1BA$1.71
517 South St, Unit 6517 South St1BR,1BA$1.96
Universal Court 11 Bed, 1 bath1BR,1BA$1.29

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Penn Center, Philadelphia, PA

Ranked #6

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 comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Pennsylvania including Penn Center, Philadelphia, and the greater Philadelphia area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, places that make kids happy, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Penn Center Apartments

What is the Cheapest Studio apartment in Penn Center?

Currently the most affordable Cheap Studio Apartment in Penn Center is at Juniper Place listed at $950.

How much is rent for a Cheap One Bedroom Penn Center Apartment?

The lowest price for a Cheap One Bedroom Penn Center Apartment is $812 at Universal Court 1.

What is the lowest price for a Cheap Two Bedroom Penn Center Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Penn Center is starting from $970 at Universal Court 1.

What is the most affordable Penn Center Three Bedroom Apartment?

The best deal on a cheap Penn Center Three Bedroom Apartment rental is at Universal Court 1 and starts from $1,119.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.