
Cheap Apartments for Rent near Philadelphia, MO from $415 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Philadelphia.


1537 Wilkes Ave

Biston Apartments

Jefferson Building

Karlton Apartments

Rollins Apartments

Ridgebrook Apartments

The Links at Columbia

Benton Stephens Apartments
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.

Forest Village Apartments

1500 N Carolina St

Monroe City Senior Housing 62+

Brookside

Columbia Crossing

James Dale Apartments

Woodlake

School House Apartments

North Hampton Village
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.

Stephens Park Apartments

Tiger Village

View 21

Keeneland Downs Apartments

Frederick Building

Parkway Apartments

510 E Lake St

Chateau Apartments

208 E Bland St
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.

725 E Monroe St

Keokuk Family Flats

210 E Bland St

661 N 19th St

119 N 1st St

501 S Osteopathy Ave

604 S Allen St

608 Macfarlane St

1010 Union St
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.

200 E Maple St

2905 N Willowbrook Rd

5020 College Ave

1012 E Broadway

1904 Springdale Ct

1822 Springdale Ct

1217 W Centennial Ave

935 Jersey St

2525-2527-2527 E Heying Dr
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.

2072 Broadway St
Philadelphia, MO Local Guide

How much does it cost to rent an apartment in Philadelphia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Philadelphia Studio Apartments | $955 | $415 | $1,495 |
| Philadelphia 1 Bedroom Apartments | $1,100 | $470 | $1,719 |
| Philadelphia 2 Bedroom Apartments | $1,416 | $769 | $4,500 |
| Philadelphia 3 Bedroom Apartments | $1,700 | $879 | $2,775 |
| Philadelphia 4 Bedroom Apartments | $1,328 | $754 | $5,600 |
Browse Top Apartments in Philadelphia
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Philadelphia, MO Local Guide
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Cheapest Available Philadelphia Apartments for Rent and Nearby
 The cheapest available apartment rental in Philadelphia, MO is a 1 Bed unit found at Rollins Apartments priced from $470. Benton Stephens Apartments in the The Links of Columbia neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Philadelphia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rollins Apartments | 1 Bedroom | 1BR,1BA | $470 |
| Benton Stephens Apartments | 1x1 | 1BR,1BA | $800 |
| The Links at Columbia | Classic Deluxe II | 1BR,1BA | $800 |
| Forest Village Apartments | 2 Bedroom | 2BR,1BA | $825 |
| Monroe City Senior Housing 62+ | 1 Bed 1 Bath | 1BR,1BA | $875 |
| Brookside | Aurora Three | 3BR,3BA | $879 |
| Woodlake | W-A | 2BR,1BA | $1,013 |
| School House Apartments | 2 Bedroom and 1 Bath | 2BR,1BA | $1,025 |
| North Hampton Village | 2BR - 1BTH | 2BR,1BA | $1,075 |
| Frederick Building | 1 Bed/ 2 Bath - Female Roommate Matching | 2BR,2BA | $1,195 |
Best Value Apartments for Rent in Philadelphia, MO and Nearby
As of August 30, 2026 the best value apartment in the Philadelphia area is the $0.77 price per square foot 3BR/2.5BA Model at Cross Creek Villas in the in the Auburn Hills neighborhood starting from $1,549. The second greatest value Philadelphia apartment is the D2 Model at The Domain at Columbia starting at $799 with a $0.50 price per square foot in the The Links of Columbia neighborhood. Here is today’s list of the best values for Philadelphia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cross Creek Villas | 3BR/2.5BA | 3BR,2.5BA | $0.77 |
| The Domain at Columbia | D2 | 4BR,4BA | $0.50 |
| Jenne Hill Townhomes | Jenne Hill - 4 Bedroom 2.5 Bath Townhome | 4BR,2.5BA | $1.08 |
| Cottage Grove | Townhomes | 2BR,2.5BA | $1.04 |
| Lake Broadway Townhomes | Lake Broadway Townhomes | 2BR,2BA | $1.21 |
| Wellington Manor | 2BR | 2BR,2BA | $1.18 |
| School House Apartments | 2 Bedroom and 1 Bath | 2BR,1BA | $1.03 |
| North Hampton Village | 2BR - 1BTH | 2BR,1BA | $1.21 |
| Forest Village Apartments | 2 Bedroom | 2BR,1BA | $1.00 |
| Rollins Apartments | 1 Bedroom | 1BR,1BA | $0.70 |
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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Philadelphia, MO Rentals by Map
See the most popular apartments and homes in Philadelphia, MO
Frequently Asked Questions about Cheap Philadelphia Apartments
How much is rent for a Cheap One Bedroom Philadelphia Apartment?
The lowest price for a Cheap One Bedroom Philadelphia Apartment is $470 at Rollins Apartments.
What is the lowest price for a Cheap Two Bedroom Philadelphia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Philadelphia is starting from $825 at Forest Village Apartments.
What is the most affordable Philadelphia Three Bedroom Apartment?
The best deal on a cheap Philadelphia Three Bedroom Apartment rental is at Brookside and starts from $879.
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.