
Cheap New Apartments for Rent in Philadelphia, PA from $475 (312 Rentals) Page 3 of 7
Search the lowest-cost Apartments available for rent right now in Philadelphia.


Total Monthly Price
1318 N 25th St, Unit 2

Vernon Lofts

Lotus

The Ryley Apartments

The Mezzo

The Azalea

Total Monthly Price
North X Northwest Apartments

Amble

The Frame
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.

Total Monthly Price
Poth Brewery Lofts

6615 Ridge Avenue

Total Monthly Price
2631 Cecil B Moore Ave, Unit 3

Total Monthly Price
2409 Ridge Ave, Unit 2

Falls Bridge Lofts

Iron Rose

The Quincy

Dwell 2nd Street

The Alto

7105 Ridge Avenue
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.

The Avenue (1513 Ridge Ave)

The Ranstead

The Mills

614 N Front St

The Onyx

The Wright

Hudson Liberties

Annex at Brewerytown

The Weston

The Gio
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.

Total Monthly Price
1337 N Franklin St

Temple I

1537-41 Seybert

2215 N 7th St

2206-2208 Ridge Ave

The Pump House

WADE Flats

The Breeze Building

1636-54 W Flora Street

3852 W Girard Ave
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.

Powelton West Apartments

Wynne Senior Residences - 62 & Older

Station Square

The Fisherman

GLM Rentals

Gotham North

4200 Lancaster Ave

Tioga Luxury Apartments

The Glenwood

2636 Belgrade St
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.
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 | $1,582 | $502 | $5,133 |
| Philadelphia 1 Bedroom Apartments | $1,983 | $475 | $8,110 |
| Philadelphia 2 Bedroom Apartments | $2,440 | $720 | $10,000+ |
| Philadelphia 3 Bedroom Apartments | $2,797 | $575 | $10,000+ |
| Philadelphia 4 Bedroom Apartments | $2,009 | $755 | $10,000+ |
| Philadelphia 5 Bedroom Apartments | $2,610 | $1,249 | $5,000 |
| Philadelphia 6 Bedroom Apartments | $4,881 | $1,100 | $10,000+ |
Browse Top Apartments in Philadelphia
See all Apartments in PhiladelphiaExplore 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 $750.
What is the price of a cheap apartment in Philadelphia?
The cheapest apartment in Philadelphia is Flagstone Point which is listed at $574, while the average apartment in Philadelphia costs $2,002.
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 13,044 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 $599 which is $1,403 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

More Than a Suburb: The Best Philly-Area Towns for Renters
Written by: Richard Corrigan
I’m Richard, your ApartmentHomeLiving.com Local Expert for Philadelphia.

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.

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.

Unlock Your Philly Commute: Your Guide to Renting Near the City's 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.
Articles, How-To's, and Tips

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.

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.