Cheap Homes for Rent in Penn Center Neighborhood of Philadelphia, PA from $900 (63 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1234 Fitzwater St

1234 Fitzwater St

PhiladelphiaPA19147
property at 1324 Locust St

1324 Locust St

PhiladelphiaPA19107
property at 1324 Locust St

1324 Locust St

PhiladelphiaPA19107
property at 1442 Lombard St

1442 Lombard St

PhiladelphiaPA19146
property at 606 S 16th St

606 S 16th St, Unit 2

606 S 16th St
PhiladelphiaPA19146

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
2220 Spruce StstudioStudio,1BA$995
The Chancellor03Studio,1BA$1,050
Green Street PortfolioStudioStudio,1BA$1,070
1433 Spruce StStudio - 3MStudio,1BA$1,075
2118 Walnut StStudioStudio,1BA$1,195
The Quincy ApartmentsStudioStudio,1BA$1,200

Best Value Apartments for Rent in Penn Center, PA

As of March 29, 2025 the best value apartment in the Penn Center 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 Penn Center apartment is the 1325 Buttonwood St Model at 1325 Buttonwood St, Unit 1 starting at $2,500 with a $1.56 price per square foot in the Poplar 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.
505 South St, Unit 3505 South St3BR,2BA$1.11
1325 Buttonwood St, Unit 11325 Buttonwood St3BR,3.5BA$1.56
420 Gaskill St, Unit 2FR420 Gaskill St2BR,1BA$1.33
The Residences3BR/2.0BA3BR,2BA$1.58
760 E Passyunk Ave, Unit 2760 E Passyunk Ave1BR,1BA$1.20
508 South St, Unit 300508 South St3BR,1BA$1.65
628 N 11th St, Unit 8628 N 11th St2BR,2BA$1.73
The Pepper Building1 Bedrooms1BR,1BA$1.72
Green Street PortfolioStudioStudio ,1BA$1.33
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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Penn Center

What type of rentals are currently available in Penn Center?

There are currently 1810 Apartments for Rent in Penn Center, PA with pricing that ranges from $617 to $19,310. There are also 334 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Center ranging from $900 to $19,310.

What is the current price range for Rental Homes in Penn Center?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penn Center ranges from $900 to $19,310 with an average monthly rent of $3,222.

How much are larger Three and Four Bedroom Rentals in Penn Center?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penn Center range from $1,119 to $19,310, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $19,310. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $1,185.

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.