Cheap Apartments for Rent near Lower Merion, PA from $1,010 (71 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lower Merion.

property at 209 Park Ter

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

3 Bedroom, 1 Bath Home for Rent

Available Now

209 Park Ter

ArdmorePA19003
property at 4639 Umbria St

$1,150 - $1,400

Studio To 1 Bedroom Rentals

Available Now

4639 Umbria St

PhiladelphiaPA19127

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Wyncrest
Rent Specials
$1,555 - $3,330
Total Monthly Price

Total Monthly Price

Base Rent
$1,555 - $3,330
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Sep 2

Wyncrest

9 Presidential BlvdBala Cynwyd, PA 19004
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Delwyn
Rent Specials
$1,684 - $3,204
Total Monthly Price

Total Monthly Price

Base Rent
$1,684 - $3,204
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Delwyn

20 Saint Asaphs RdBala Cynwyd, PA 19004
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Kelly
$1,909 - $13,489
Total Monthly Price

Total Monthly Price

Base Rent
$1,909 - $13,489
Total Monthly Price
$1,909 - $13,489
Studio to 3 Bedroom Apartments Available Now

The Kelly

10 Union AveBala Cynwyd, PA 19004
Corporate Housing
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  • 3D Tour
  • Smoke Free
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The Cynwyd
Rent Specials
$1,914 - $3,714
Total Monthly Price

Total Monthly Price

Base Rent
$1,914 - $3,714
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Cynwyd

130 Monument RdBala Cynwyd, PA 19004
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Blayr
Rent Specials
$1,990 - $4,415
Total Monthly Price

Total Monthly Price

Base Rent
$1,990 - $4,415
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Blayr

145 E City AveBala Cynwyd, PA 19004
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Lower Merion, PA Local Guide

Cheapest Available Lower Merion Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lower Merion, PA is a Studio unit found at One Montgomery in the Wynnefield neighborhood priced from $1,170. Hardie House Apartments in the Wynnefield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,375. Here is today’s list of the most affordable Lower Merion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
One Montgomery0BR/1.0BAStudio,1BA$1,170
Hardie House ApartmentsStudioStudio,1BA$1,375
Suburban Court ApartmentsStudio1BR,1BA$1,397
Casa Del SolMicrosuite1BR,1BA$1,460
Edgehill CourtOne Bed1BR,1BA$1,495
170 Lakeside0BR/1.0BAStudio,1BA$1,495
Metropolitan Bala Cynwyd1BRSM1BR,1BA$1,595
Llanberris2BR/1.0BA2BR,1BA$1,595

Best Value Apartments for Rent in Lower Merion, PA and Nearby

As of August 23, 2026 the best value apartment in the Lower Merion area is the $1.50 price per square foot 17 E Lancaster Ave Model at 17 E Lancaster Ave, Unit 2nd +3rd floor in the in the Ardmore Business District neighborhood starting from $2,400. The second greatest value Lower Merion apartment is the 17 Jefferson St Model at 17 Jefferson St, Unit A starting at $3,500 with a $2.33 price per square foot in the Roxborough neighborhood. Here is today’s list of the best values for Lower Merion apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
17 E Lancaster Ave, Unit 2nd +3rd floor17 E Lancaster Ave2BR,2BA$1.50
17 Jefferson St, Unit A17 Jefferson St3BR,2BA$2.33
210 Grayling Ave, Unit First Floor210 Grayling Ave2BR,1BA$1.93
Mermont Apartments2 Bedroom 2 Bath2BR,2BA$1.50
Main Line Court2BR/2BA with Balcony2BR,2BA$1.72
Apex ManayunkGarzotti Loft2BR,2BA$2.11
10 Montgomery2BR/1.0BA2BR,1BA$1.97
Suburban Square Apartments2BR 12BR,1BA$2.35
Llanberris2BR/1.0BA2BR,1BA$2.02
2 Rock Glen Rd, Unit 1st Floor2 Rock Glen Rd1BR,1BA$2.07

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle

Ranked #

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lower Merion, PA Rentals by Map

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See the most popular apartments and homes in Lower Merion, PA

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Frequently Asked Questions about Cheap Lower Merion Apartments

What is the Cheapest Studio apartment in Lower Merion?

Currently the most affordable Cheap Studio Apartment in Lower Merion is at One Montgomery listed at $1,170.

How much is rent for a Cheap One Bedroom Lower Merion Apartment?

The lowest price for a Cheap One Bedroom Lower Merion Apartment is $1,397 at Suburban Court Apartments.

What is the lowest price for a Cheap Two Bedroom Lower Merion Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lower Merion is starting from $1,595 at Llanberris.

What is the most affordable Lower Merion Three Bedroom Apartment?

The best deal on a cheap Lower Merion Three Bedroom Apartment rental is at Montgomery Court and starts from $2,180.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.