Cheap Apartments for Rent in Philadelphia, PA from $300 (1,882 Rentals)

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

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property at 2200 N 11th St

2200 N 11th St

PhiladelphiaPA19133

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Philadelphia, PA Local Guide

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Cheapest Neighborhoods for Apartments in Philadelphia, PA

Pricing Updated: 08/04/2025

Current apartment rentals in the Philadelphia, PA area range in price from $250 to $29,970 with an overall median price of $3,757. The three Philadelphia neighborhoods with the lowest median rent pricing are Maple Glen at $968, Waverly Meadows at $968, and Tacony Wissinoming at $975. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Philadelphia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Maple Glen$1,319$9681
Waverly Meadows$1,319$9681
Tacony Wissinoming$1,350$97514
Millbourne$1,362$67580
Franklinville$1,387$25063
Haddington$1,400$67539
Price Tract$1,404$7256
Lawncrest$1,425$80039
East Oak Lane$1,450$75043
Tioga Nicetown$1,475$25047

Cheapest Available Philadelphia Apartments for Rent

 

The cheapest available apartment rental in Philadelphia, PA is a Studio unit found at Four Freedoms House- Seniors 62 yrs and older in the West Mount Airy neighborhood priced from $502. 1833 N 19th St in the Poplar neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $530. Here is today’s list of the most affordable Philadelphia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Four Freedoms House- Seniors 62 yrs and olderEfficiencyStudio,1BA$502
1833 N 19th StPrivate Bedroom/DormStudio,1BA$530
1537-41 Seybert3BR/3.0BA3BR,3BA$700
Tamarack Station Apartments1 Bedroom1BR,1BA$742

Best Value Apartments for Rent in Philadelphia, PA

As of August 04, 2025 the best value apartment in the Philadelphia area is the $0.65 price per square foot 376 Beverly Boulevard 2nd floor Model at 376 Beverly Boulevard 2nd floor, Unit Second floor in the in the Beverly Hills neighborhood starting from $1,300. The second greatest value Philadelphia apartment is the 6322 Rising Sun Ave Model at 6322 Rising Sun Ave, Unit 1 starting at $1,000 with a $0.58 price per square foot in the Lawncrest neighborhood. 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.
376 Beverly Boulevard 2nd floor, Unit Second floor376 Beverly Boulevard 2nd floor2BR,1BA$0.65
6322 Rising Sun Ave, Unit 16322 Rising Sun Ave1BR,1BA$0.58
1517 N 15th St, Unit 3F-Room for rent1517 N 15th St1BR,1BA$0.34
1540-42 N Willington St3BR/3.0BA3BR,3BA$0.80
1619 N 29th St, Unit 11619 N 29th St1BR,1BA$0.79
Skyline Apartments2 Bedrooms, 1 Bathroom2BR,1BA$0.54
The Berks at 18504 Bedrooms, 4.5 Bathrooms4BR,4.5BA$0.50
The Brownstones at Diamond StreetTwo Bedrooms2BR,1.5BA$0.74
1613 W Diamond St, Unit 31613 W Diamond St1BR,2BA$0.61
The Legacy at Drexel Arms4x24BR,2BA$0.74

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Philadelphia Overview

Sandwiched smack in the middle between DC and NYC, Philadelphia was once called the “6th borough of New York” a number of years back. While it does boast a healthy population of over 1.5 million residents, unlike New York, it never feels crowded and there are plenty of options in Philadelphia apartments for residents to call home. Make no mistake, though, Philadelphia is a friendly city – it features a collection of individual neighborhoods, each with their own charm and unique personalities, where small local businesses thrive and people know each.

Why live in Philadelphia, PA?

When William Penn planned Philadelphia, designating healthful, open green spaces and aesthetically pleasing gathering places for the community was clearly a priority – Franklin Square, Fitler Square, Logan Square, Rittenhouse Square and Washington Square are just a few examples. Families, college students and retired people all find Philadelphia welcoming. From its bike paths to its massive cultural arts roots to its foot-friendly atmosphere, it’s easy to see why Philadelphia is called the “City of Brotherly Love” and living the life in apartments in Philadelphia is so special.

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

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Getting Around Philadelphia, PA

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

73 / 100

Excellent Transit

Transit is convenient for most trips

Philadelphia, PA Area Reviews

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  • Safety

Frequently Asked Questions about Cheap Philadelphia Apartments

What is a cheap apartment in Philadelphia?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Philadelphia is under $742.

What is the price of a cheap apartment in Philadelphia?

The cheapest apartment in Philadelphia is Four Freedoms House- Seniors 62 yrs and older which is listed at $634, while the average apartment in Philadelphia costs $3,757.

What types of apartments are the cheapest in Philadelphia?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16,424 regular apartments in Philadelphia that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Philadelphia?

Cheap apartments in Philadelphia have an average cost of $755 which is $3,002 cheaper than the average rent for all rentals in Philadelphia.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.