
Cheap New Apartments for Rent in Philadelphia, PA from $475 (312 Rentals) Page 6 of 7
Search the lowest-cost Apartments available for rent right now in Philadelphia.


218 Arch Street

The View at Old City

Theatre Place

46 S 44th St

Arrott Schoolhouse

Pyramid Lofts

1744 N Marshall St

The Chesterman Building

The Darien

152-158 W Laurel St

The Vale

1257 N Newkirk St

1261 N Newkirk St

Avant

The Retro

Avenue V Townhomes

1819 Cecil B Moore Ave

901 N Front St

5230 Walnut St

2525 Frankford Ave

Cedar Park

The Commons on Ludlow

1723 Memorial Ave

5049 Baltimore Ave

3045 - 51 Richmond St

The Lola

Brand New Modern Apartments

1018 Germantown Ave

The Residences at 3604

One Water Street

Northern Liberties Apartments

The Royal Theater

Woodland

Fishtown Flatiron

2115 Master

The Barclay Flats

17 S 44th St

1616 N Bailey Street

Maxfield

The Lenora

Fairmount North

Four Forty North Front LLC

649 N 35th St

The Bentley Apartments

6610 at Pelham Place

1625 W Thompson St

The Howard

Flagstone Point

Stonegate at St. Stephen - Phase III
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
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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.