
Cheap New Apartments for Rent in Philadelphia, PA from $300 (238 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in Philadelphia.


LVL West

OLYMPIC TOWER APARTMENTS

The Quincy

The Peak at Scotts Lane

The Astir Callowhill

The Washington Apartments

The Hub at 31 Brewerytown

514 South Street

Views of Fishtown
Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide
Get the true Philly experience! The Philadelphia Insider's Guide to the city's distinct neighborhoods (Fishtown, Queen Village, Society Hill) and must-see local attractions from ApartmentHomeLiving.com.

The Columbia

The Ace

410 Shurs Lane

OLO

The Bradford

The Weaver

Falls Bridge Lofts

2132 N 10th St

Broadridge

The Crown on Leland
Philadelphia's Best Affordable Neighborhoods
Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

The Howell

6619 Ridge Avenue

Glassworks Apartments

Iron Rose

Broad Street Apartments

The Maven

The View at Manayunk Apartments

5015 WEST

The Archer

Bell Tower Community
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.

Metal Works

Darrah School Realty

The Dash

SOLO on Chestnut - 4233

Front Street Lofts

Washington Court (52 W)

Dickinson Lofts

The Vesta

Dobson Scotts

LVL North
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.

Schillers By Ampere

Herringbone Lofts

The Luxe in Fishtown West

Germantown Square

The Grace at 3503 Midvale

Residences at Pier 40

The Weston

The Beverly

Luna on Pine

Hightop Germantown - Sparrow House
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 | $1,640 | $502 | $8,035 |
| Philadelphia 1 Bedroom Apartments | $2,043 | $525 | $10,000+ |
| Philadelphia 2 Bedroom Apartments | $2,507 | $615 | $10,000+ |
| Philadelphia 3 Bedroom Apartments | $2,972 | $799 | $10,000+ |
| Philadelphia 4 Bedroom Apartments | $2,032 | $560 | $10,000+ |
| Philadelphia 5 Bedroom Apartments | $2,885 | $1,900 | $5,000 |
| Philadelphia 6 Bedroom Apartments | $1,973 | $525 | $3,090 |
Explore Philadelphia
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 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 $797.
What is the price of a cheap apartment in Philadelphia?
The cheapest apartment in Philadelphia is Park Village at Garden State Park which is listed at $300, while the average apartment in Philadelphia costs $3,299.
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 16,558 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 $580 which is $2,719 cheaper than the average rent for all rentals in Philadelphia.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.