Apartments for Rent in Philadelphia, PA Under $500 (10 Rentals)

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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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714-718 Rhawn St
1 to 2 Bedroom Apartments

714-718 Rhawn St

714-718 Rhawn StPhiladelphia, PA 19111
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1711 N 18th St
3 to 6 Bedroom Apartments

1711 N 18th St

1711 N 18th StPhiladelphia, PA 19121
Student Housing
  • Utilities Included
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1513 W Girard Ave
4 Bedroom Apartments

1513 W Girard Ave

1513 W Girard AvePhiladelphia, PA 19130
Student Housing
  • Utilities Included

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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Anthony Wayne II
1 to 2 Bedroom Apartments

Anthony Wayne II

1701 S 28th StPhiladelphia, PA 19145
Senior Living
  • Utilities Included
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Falls Ridge
1 to 3 Bedroom Apartments

Falls Ridge

4349 Ridge AvePhiladelphia, PA 19129
Senior Living

Philadelphia, PA Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

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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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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Frequently Asked Questions about Philadelphia

How much are Studio apartments in Philadelphia?

There are currently 1,132 Studio Apartments in Philadelphia with rent ranges from $425 to $8,458 with an average price of $1,654.

What is the current price range for One Bedroom Philadelphia Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Philadelphia ranges from $500 to $10,451 with an average monthly rent of $2,060.

What does renting a Two Bedroom Apartment in Philadelphia cost?

The monthly rent prices of Two Bedroom Apartments currently available in Philadelphia range from $499 to $10,931. Today's average rental price for Two Bedrooms here is $2,515.

How expensive are Philadelphia Three Bedroom Apartments?

There are currently 923 Three Bedroom Apartments listings available in Philadelphia on ApartmentHomeLiving.com. The pricing ranges from $599 to $17,810 - averaging $2,770 for the location.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.