Cheap Apartments for Rent in the Richmond Neighborhood of Philadelphia, PA from $700 (117 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Cheap Apartments in the Richmond area of Philadelphia.

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.

Read Article

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.

Read Article
property at 1901 Hope St

1901 Hope St

PhiladelphiaPA19122
property at 1924 N Front St

1924 N Front St

PhiladelphiaPA19122
property at 2538 Amber St

2538 Amber St

PhiladelphiaPA19125
property at 1833 Hope St

1833 Hope St

PhiladelphiaPA19122
property at 2000 Dreer St

2000 Dreer St

PhiladelphiaPA19125
property at 2426 Jasper St

2426 Jasper St

PhiladelphiaPA19125
Showing Results 1-50, Page 1 of 3

Richmond, Philadelphia, PA Local Guide

Cheapest Available Richmond Apartments for Rent

 

The cheapest available apartment rental in the Richmond area of Philadelphia, PA is a Studio unit found at Kirkbride Arts Apartments priced from $1,075. Westmoreland Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,083. Here are the most affordable Richmond apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Kirkbride Arts Apartments0BR/1.0BAStudio,1BA$1,075
Westmoreland LoftsOne Bedroom One Bath1BR,1BA$1,083
The Mill at York StationStudioStudio,1BA$1,095
Collins LoftsStudioStudio,1BA$1,105
The Frankford GrandA1 StudioStudio,1BA$1,175
Quaker City FlatsX041BR,1BA$1,191
Beacon FlatsX04Studio,1BA$1,195

Best Value Apartments for Rent in Richmond, PA

As of May 06, 2025 the best value apartment in the Richmond area is the $1.72 price per square foot 3 Bedroom 1 5 Bathroom Model at Frankford Lofts in the in the Richmond neighborhood starting from $2,664. The second greatest value Richmond apartment is the 2 BR / 2 BA Model at Richmond Square starting at $1,745 with a $1.16 price per square foot in the Richmond neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Frankford Lofts3 Bedroom 1 5 Bathroom3BR,2BA$1.72
Richmond Square2 BR / 2 BA2BR,2BA$1.16
East Tioga LoftsThree Bedroom Two Bath Residences3BR,2BA$1.60
3269 Kensington ave, Unit 2nd Floor3269 Kensington ave2BR,1BA$1.24
533 E Girard Ave, Unit 2533 E Girard Ave2BR,1BA$1.65
1670 Margaret St, Unit 1St Floor A11670 Margaret St1BR,1BA$1.24
3351 N Front St, Unit 13351 N Front St1BR,1BA$1.37
2144 Bridge St, Unit B12144 Bridge StStudio ,1BA$1.54
2568 Salmon St, Unit 2nd Floor2568 Salmon St1BR,1BA$1.71
Westmoreland LoftsOne Bedroom One Bath1BR,1BA$1.70

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

Pet Friendly Lifestyle
Richmond, Philadelphia, PA

Ranked #46

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Richmond, Philadelphia, PA

School data provided by Great Schools

Frequently Asked Questions about Cheap Richmond Apartments

What is a cheap apartment in Richmond?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Richmond is under $1,195.

What is the price of a cheap apartment in Richmond?

The cheapest apartment in Richmond is Westmoreland Lofts which is listed at $1,087, while the average apartment in Richmond costs $2,132.

What types of apartments are the cheapest in Richmond?

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 Richmond 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 Richmond?

Cheap apartments in Richmond have an average cost of $305 which is $1,827 cheaper than the average rent for all rentals in Richmond.

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 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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.