Cheap Apartments for Rent in Philadelphia, NY from $520 (38 Rentals)

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

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Parkstead Clayton
2 to 4 Bedroom Apartments

Parkstead Clayton

100 Joseph Lonsway DrClayton, NY 13624
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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 in the Watertown neighborhood priced from $520. The Solar Building in the Watertown neighborhood 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 Apartments2BR2BR, 1BA$650
The Apartments at Madison BarracksStudio1BR, 1BA$750
Washington Manor ApartmentsOne Bedroom1BR, 1BA$825
Kelsey Creek Apartments2 bedroom 1 bath2BR, 1BA$895
College Heights1 Bedroom1BR, 1BA$900
Potsdam Main Street ApartmentsStandard StudioStudio, 1BA$910
Palmer Street ApartmentsGarden2BR, 1BA$915
Whispering Woods ApartmentsTwo Bed / One Bath2BR, 1BA$925

Best Value Apartments for Rent in Philadelphia, NY and Nearby

As of September 22, 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 Watertown neighborhood starting from $1,320. The second greatest value Philadelphia apartment is the 3 Bed 2 Bath Garden Model at Parkstead Watertown at Thompson Park in the Watertown neighborhood starting at $1,497 with a $1.00 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 Watertown at Thompson Park3 Bed 2 Bath Garden3BR, 2BA$1.00
Emerald Acres II3 Bedroom3BR, 2.5BA$1.01
Parkstead Copenhagen2 Bed 1 Bath Garden2BR, 1BA$1.00
Palmer Street ApartmentsTown Home2BR, 1.5BA$0.95
Whispering Woods ApartmentsTwo Bed / One Bath2BR, 1BA$1.03
Colonial Manor Apartments2 Bedroom2BR, 1BA$1.07
College Heights1 Bedroom1BR, 1BA$1.05
City View Apartments2BR2BR, 1BA$0.81
Kelsey Creek Apartments2 bedroom 1 bath2BR, 1BA$1.13

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 $720 at The Solar Building.

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 $650 at City View Apartments.

What is the most affordable Philadelphia Three Bedroom Apartment?

The best deal on a cheap Philadelphia Three Bedroom Apartment rental is at The Apartments at Madison Barracks and starts from $950.

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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.