Cheap Homes for Rent near Lower Merion, PA from $700 (11 Rentals)

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Search the lowest-cost Homes 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

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.

property at 1637 Oakwood Dr

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom, 1 Bath Condo for Rent

Available Now

1637 Oakwood Dr, Unit S209

1637 Oakwood Dr
NarberthPA19072
property at 1650 Oakwood Dr

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

1650 Oakwood Dr, Unit E313

1650 Oakwood Dr
NarberthPA19072
property at 4543 Baker St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

4543 Baker St

PhiladelphiaPA19127

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.

property at 1600 Hagys Ford Rd N

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 2 Bath Condo for Rent

Available Now

1600 Hagys Ford Rd N, Unit 3N

1600 Hagys Ford Rd N
Penn ValleyPA19072

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

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 ListingModel NameBed/BathPrice Per Sq.Ft.
17 E Lancaster Ave, Unit 2nd +3rd floor17 E Lancaster Ave2BR,2BA$1.50
210 Grayling Ave, Unit First Floor210 Grayling Ave2BR,1BA$1.93
17 Jefferson St, Unit A17 Jefferson St3BR,2BA$2.33
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

Pet Friendly

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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

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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.