Cheap Apartments for Rent in the Penns Landing Neighborhood of Philadelphia, PA from $700 (129 Rentals)

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

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property at 515 S 6th St

515 S 6th St

PhiladelphiaPA19147
property at 1116 Pine St

1116 Pine St

PhiladelphiaPA19107
property at 1248 S 10th St

1248 S 10th St

PhiladelphiaPA19147
property at 224 Church St

224 Church St

PhiladelphiaPA19106
property at 130 Arch St

130 Arch St

PhiladelphiaPA19106
property at 1017 Pine St

1017 Pine St

PhiladelphiaPA19107
property at 111 N 9th St

111 N 9th St

PhiladelphiaPA19107
Showing Results 1-50, Page 1 of 3

Penns Landing, Philadelphia, PA Local Guide

Cheapest Available Penns Landing Apartments for Rent

 

The cheapest available apartment rental in the Penns Landing area of Philadelphia, PA is a Studio unit found at The Claremont priced from $950. Old City Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here are the most affordable Penns Landing apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
The ClaremontStudioStudio,1BA$950
Old City Apartments118 #201Studio,1BA$1,200
339 Bainbridge StOne Bed1BR,1BA$1,360
Bainbridge LoftsBainbridge One Bedroom Loft1BR,1BA$1,386

Best Value Apartments for Rent in Penns Landing, PA

As of April 30, 2025 the best value apartment in the Penns Landing area is the $1.93 price per square foot Two Bedroom Model at Dockside Luxury Apartments in the in the Market East neighborhood starting from $2,900. The second greatest value Penns Landing apartment is the 2 Bedroom Model at 11 Cooper starting at $2,215 with a $1.83 price per square foot in the Riverfront neighborhood. Here is today’s list of the best values for Penns Landing apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Dockside Luxury ApartmentsTwo Bedroom2BR,2BA$1.93
11 Cooper2 Bedroom2BR,2BA$1.83
508 South St, Unit 300508 South St3BR,1BA$1.65
1169 E Passyunk Ave, Unit 1B1169 E Passyunk Ave2BR,1BA$1.80
524 S 3rd St, Unit Fist fl524 S 3rd St2BR,1BA$2.00
619 Fitzwater St, Unit 2619 Fitzwater St2BR,1BA$2.00
1529 S 2nd St, Unit 3rd Floor1529 S 2nd St2BR,1BA$1.63
127 N 4th St, Unit 101127 N 4th St1BR,1BA$2.18
1025 S 8th St, Unit 2FL1025 S 8th St1BR,1BA$1.33
339 Bainbridge StOne Bed1BR,1BA$1.94

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Pet Friendly Lifestyle
Penns Landing, Philadelphia, PA

Ranked #46

Among neighborhoods in Philadelphia, PA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Penns Landing Apartments

What is a cheap apartment in Penns Landing?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penns Landing is under $1,386.

What is the price of a cheap apartment in Penns Landing?

The cheapest apartment in Penns Landing is 339 Bainbridge St which is listed at $1,360, while the average apartment in Penns Landing costs $21,505.

What types of apartments are the cheapest in Penns Landing?

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 49 regular apartments in Penns Landing 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 Penns Landing?

Cheap apartments in Penns Landing have an average cost of $1,185 which is $20,320 cheaper than the average rent for all rentals in Penns Landing.

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.

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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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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.