Cheap Apartments for Rent in Philadelphia, NY from $500 (42 Rentals)

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

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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property at 7005 County Rd 10

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

7005 County Rd 10

LisbonNY13658

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 119 Spring Ave

$925

1 Bedroom, 1.5 Bath Home for Rent

Available Jul 1

119 Spring Ave

WatertownNY13601
property at 334 Clay St

$1,070 - $1,074

1 Bedroom Rentals

Available Now

334 Clay St

WatertownNY13601
property at 37 Wilna Ave

$1,100

2 Bedroom, 2 Bath Home for Rent

Available Jul 1

37 Wilna Ave

CarthageNY13619
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Parkstead Clayton
2 to 4 Bedroom Apartments

Parkstead Clayton

100 Joseph Lonsway DrClayton, NY 13624

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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9035 South Riva Ridge Loop
2 to 3 Bedroom Apartments

9035 South Riva Ridge Loop

9035 South Riva Ridge LoopFort Drum, NY 13602
Military
  • Utilities Included
Showing Results 1-42, Page 1 of 1

Philadelphia, NY Local Guide

Cheapest Available Philadelphia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Philadelphia, NY is a Studio unit found at Arsenal Apartments priced from $520. The Solar Building has the second lowest priced unit, which is a Studio apartment currently listed from $620. Here is today’s list of the most affordable Philadelphia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arsenal ApartmentsSmall StudioStudio,1BA$520
The Solar BuildingStudioStudio,1BA$620
City View Apartments1 Bed1BR,1BA$675
The Apartments at Madison BarracksStudio1BR,1BA$750
Pine Grove Apartments - Senior Housing1 Bed, 1 bath1BR,1BA$789
Kelsey Creek Apartments1 Bedroom 1 bath1BR,1BA$795
Washington Manor ApartmentsOne Bedroom1BR,1BA$825
Potsdam Main Street ApartmentsStandard StudioStudio,1BA$875
Colonial Manor Apartments1 Bedroom1BR,1BA$890
Palmer Street ApartmentsGarden2BR,1BA$895

Best Value Apartments for Rent in Philadelphia, NY and Nearby

As of June 21, 2026 the best value apartment in the Philadelphia area is the $0.78 price per square foot Town Home Model at Hycliff Apartments in the starting from $1,320. The second greatest value Philadelphia apartment is the 4 Bedroom 2 Bath Garden Model at Parkstead Clayton starting at $1,590 with a $0.96 price per square foot . Here is today’s list of the best values for Philadelphia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hycliff ApartmentsTown Home3BR,1.5BA$0.78
Parkstead Clayton4 Bedroom 2 Bath Garden4BR,2BA$0.96
Sedgewick Pines4TH4BR,3BA$0.91
Parkstead Black River3 Bedroom 2 Bath Garden3BR,2BA$0.95
Emerald Acres IIStandard Unit3BR,2.5BA$1.01
Parkstead Philadelphia2 Bed 1 Bath Garden2BR,1BA$1.05
Parkstead Copenhagen2 Bed 1 Bath Garden2BR,1BA$1.00
Palmer Street ApartmentsTown Home2BR,1.5BA$0.95
College Heights1 Bedroom1BR,1BA$1.05
City View Apartments1 Bed1BR,1BA$0.90

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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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.

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Best Local Schools in
Philadelphia, NY

School data provided by Great Schools

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

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Frequently Asked Questions about Cheap Philadelphia Apartments

What is the Cheapest Studio apartment in Philadelphia?

Currently the most affordable Cheap Studio Apartment in Philadelphia is at Arsenal Apartments listed at $520.

How much is rent for a Cheap One Bedroom Philadelphia Apartment?

The lowest price for a Cheap One Bedroom Philadelphia Apartment is $675 at City View 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 $820 at The Solar Building.

What is the most affordable Philadelphia Three Bedroom Apartment?

The best deal on a cheap Philadelphia Three Bedroom Apartment rental is at Kelsey Creek Apartments and starts from $1,000.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.