Cheap Apartments for Rent in Philadelphia, PA from $300 (1,817 Rentals)

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

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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Philadelphia's Best Affordable Neighborhoods

Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 2200 N 11th St

2200 N 11th St

PhiladelphiaPA19133

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Philadelphia, PA Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Philadelphia, PA

Pricing Updated: 07/29/2025

Current apartment rentals in the Philadelphia, PA area range in price from $525 to $25,000 with an overall median price of $3,709. The three Philadelphia neighborhoods with the lowest median rent pricing are Walnut Hill at $1,150, Wynnefield Heights at $1,500, and Juniata Park Feltonville at $900. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Philadelphia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Walnut Hill$1,475$1,1504
Wynnefield Heights$1,500$1,5001
Juniata Park Feltonville$1,525$90018
Oxford Circle$1,650$1,10011
Willow Grove Park Mall$1,650$1,6501
Frankford$1,675$85034
Near Northeast Philadelphia$1,700$80022
Oxford Circle Castor$1,700$1,10016
Bridesburg$1,750$85015
Oak Lane East Oak Lane$1,800$8006

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
1515 N. 16th3BR/3.0BA3BR,3BA$750
Oak Lane Court Apartments0/1.0Studio,1BA$750

Best Value Apartments for Rent in Philadelphia, PA

As of July 29, 2025 the best value apartment in the Philadelphia area is the $0.84 price per square foot 319 Green Ln Model at 319 Green Ln, Unit 2 in the in the Roxborough neighborhood starting from $1,675. The second greatest value Philadelphia apartment is the 376 Beverly Boulevard 2nd floor Model at 376 Beverly Boulevard 2nd floor, Unit Second floor starting at $1,300 with a $0.65 price per square foot in the Beverly Hills 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.
319 Green Ln, Unit 2319 Green Ln2BR,1BA$0.84
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$0.61
Parkside Apartments2 Bedroom 1 Bath2BR,1BA$0.76
1619 N 29th St, Unit 11619 N 29th St1BR,1BA$0.79
Skyline Apartments2 Bedrooms, 1 Bathroom2BR,1BA$0.54
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
6240 N 20th St, Unit 2nd Floor - SRO - B16240 N 20th StStudio ,1BA$0.86

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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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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!

Explore Philadelphia, PA Rentals by Map

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See the most popular apartments and homes in Philadelphia, PA

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Philadelphia, PA Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

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 Four Freedoms House- Seniors 62 yrs and older listed at $502.

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

The lowest price for a Cheap One Bedroom Philadelphia Apartment is $634 at Four Freedoms House- Seniors 62 yrs and older.

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 $799 at The View at Montgomery.

What is the most affordable Philadelphia Three Bedroom Apartment?

The best deal on a cheap Philadelphia Three Bedroom Apartment rental is at 1537-41 Seybert and starts from $700.

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

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.