
Cheap Homes for Rent near Lower Merion, PA from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lower Merion.


369b E County Line Rd

237 W Montgomery Ave

4645 Umbria St, Unit 2

191 Presidential Blvd, Unit PH 6
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.

1637 Oakwood Dr, Unit S209

4328 Main St

1650 Oakwood Dr, Unit E313

1334 Montgomery Ave, Unit C-2

4543 Baker St
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.

1600 Hagys Ford Rd N, Unit 3N
Lower Merion, PA Local Guide

How much does it cost to rent a home in Lower Merion?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lower Merion 2 Bedroom Homes for Rent | $2,743 | $2,100 | $3,995 |
| Lower Merion 3 Bedroom Homes for Rent | $3,118 | $700 | $4,500 |
| Lower Merion 4 Bedroom Homes for Rent | $4,643 | $2,495 | $7,350 |
| Lower Merion 5 Bedroom Homes for Rent | $6,800 | $3,950 | $10,000+ |
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Lower Merion, PA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| One Montgomery | 0BR/1.0BA | Studio,1BA | $1,170 |
| Hardie House Apartments | Studio | Studio,1BA | $1,375 |
| Suburban Court Apartments | Studio | 1BR,1BA | $1,397 |
| Casa Del Sol | Microsuite | 1BR,1BA | $1,460 |
| Edgehill Court | One Bed | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Lower Merion, PA and Nearby
As of August 22, 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 210 Grayling Ave Model at 210 Grayling Ave, Unit First Floor starting at $2,900 with a $1.93 price per square foot in the Wynnefield neighborhood. Here is today’s list of the best values for Lower Merion apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 17 E Lancaster Ave, Unit 2nd +3rd floor | 17 E Lancaster Ave | 2BR,2BA | $1.50 |
| 210 Grayling Ave, Unit First Floor | 210 Grayling Ave | 2BR,1BA | $1.93 |
| 17 Jefferson St, Unit A | 17 Jefferson St | 3BR,2BA | $2.33 |
| Mermont Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.50 |
| Main Line Court | 2BR/2BA with Balcony | 2BR,2BA | $1.72 |
| Apex Manayunk | Garzotti Loft | 2BR,2BA | $2.11 |
| 10 Montgomery | 2BR/1.0BA | 2BR,1BA | $1.97 |
| Suburban Square Apartments | 2BR 1 | 2BR,1BA | $2.35 |
| Llanberris | 2BR/1.0BA | 2BR,1BA | $2.02 |
| 2 Rock Glen Rd, Unit 1st Floor | 2 Rock Glen Rd | 1BR,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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Lower Merion
What type of rentals are currently available in Lower Merion?
There are currently 78 Apartments for Rent in Lower Merion, PA with pricing that ranges from $1,150 to $8,865. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lower Merion ranging from $700 to $10,500.
What is the current price range for Rental Homes in Lower Merion?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lower Merion ranges from $700 to $10,500 with an average monthly rent of $3,547.
How much are larger Three and Four Bedroom Rentals in Lower Merion?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lower Merion range from $1,950 to $8,865, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $3,070.
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

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.

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.

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.

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.