
Cheap 2 Bedroom Apartments for Rent in Philadelphia, PA from $400 (609 Rentals)


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The View at Montgomery

2922 Frankford Ave, Unit 2a

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1950 Clarence St, Unit 2

218 N 54th St

1950 Clarence St

1312 W Allegheny Ave, Unit 2nd Floor

1330 W Hunting Park Ave

5052 Wayne Ave

1949 N Gratz 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.

Universal Court 1

5002 N 10th St, Unit 2

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894 N 42nd St

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3759 N Marshall St, Unit 1st FL

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3539 N 11th St, Unit 1

2083 E Clearfield St, Unit 2nd Floor

1620 S 56th St

3050 N 8th St

2326 W Venango St

1839 Master St
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Brentwood

5602 Ogontz Ave, Unit B

1612 N 54th St, Unit 1612 n 54th street

3139 N 15th St

5504 W Thompson St

5138 Ludlow St

2546 N 7th St

5323 Catharine St

4826 Old York Rd

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2148 N Carlisle St
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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1861 N Willington St

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1237 W Allegheny Ave, Unit 1

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4654 Penhurst St, Unit Apt 2

5439 Hunter St

4520 N 17th St

3828 N Percy St

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3103 Haverford Ave, Unit 1

2363 Orthodox St

1704 W Diamond St

2706 Cranston Rd
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.

604 E Indiana Ave

253 Rosemar St

3168 Reach St

3047 Frankford Ave

818 Wynnewood Rd

6335 Tulip St

3240 Guilford St

2325 N 16th St

9415 Lansford St

831 N 63rd St
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.
Philadelphia, PA Local Guide

How much does it cost to rent an apartment in Philadelphia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Philadelphia Studio Apartments | $1,590 | $300 | $6,778 |
| Philadelphia 1 Bedroom Apartments | $2,016 | $550 | $7,258 |
| Philadelphia 2 Bedroom Apartments | $2,475 | $400 | $10,000+ |
| Philadelphia 3 Bedroom Apartments | $2,898 | $625 | $10,000+ |
| Philadelphia 4 Bedroom Apartments | $2,102 | $560 | $10,000+ |
| Philadelphia 5 Bedroom Apartments | $2,927 | $1,600 | $6,500 |
| Philadelphia 6 Bedroom Apartments | $2,786 | $525 | $5,100 |
Explore Philadelphia

Philadelphia, PA Local Guide
- Philadelphia Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life
Find your perfect Philly college neighborhood. We break down the best areas for student renters near major universities, from walkable West Philly to the trendy spots in North Philly.
Read ArticleUnlock Your Philly Commute: Your Guide to Renting Near the City's Biggest Employers
Live like a local! Explore diverse Philly neighborhoods—from trendy Fishtown to historic Cedar Park—with an easy commute to your job. Your expert guide is here.
Read ArticleDon'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, PA Rentals by Map
See the most popular apartments and homes in Philadelphia, PA
Philadelphia, PA Area Reviews
Dawn
March 31, 2026I've lived here in Philadelphia all of my life and I'm 57 years old and to be honest South Philly never looked as good as it does.me and my daughter father broke up and he sold the house he owned and my daughter was getting ready to to college with a full scholarship so she moved in with him and his wife because the house was closed so I live in SW Philly on SSI and I'm trying my best to get a house or apartment but it's hard. But Center City looks good, They have bikes in all the neighborhoods and everything has changed and that's a good thing. Now only if I can get my house or apartment I'd thank the Lord.
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 Sharswood Townhouses III listed at $865.
How much is rent for a Cheap One Bedroom Philadelphia Apartment?
The lowest price for a Cheap One Bedroom Philadelphia Apartment is $865 at Sharswood Townhouses III.
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 $865 at Sharswood Townhouses III.
What is the most affordable Philadelphia Three Bedroom Apartment?
The best deal on a cheap Philadelphia Three Bedroom Apartment rental is at Sharswood Townhouses III and starts from $865.
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.
Helpful Local Expert Guides

A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia
Written by: Richard Corrigan
There’s always been more to Philadelphia than meets the eye. When I first came here, I saw it as a tough, gritty town.

Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers
Written by: Richard Corrigan
Philadelphia is a city of neighborhoods. Those who live here take great pride in our specific corners of the city.

Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide
Written by: Richard Corrigan
Welcome to Philadelphia! It’s the city of brotherly love, cheesesteaks, Ben Franklin and Rocky Balboa. And I don’t think you need me to tell you, it’s also a lot more than that.

Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life
Written by: Richard Corrigan
Philadelphia isn’t necessarily thought of as a college town, but it’s home to some of Pennsylvania’s biggest colleges and universities, and thousands of students call the city home.
Articles, How-To's, and Tips

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.

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.