Cheap Apartments for Rent in the Belmont Neighborhood of Philadelphia, PA from $500 (570 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Belmont area of 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.

property at 533 Budd St

533 Budd St

PhiladelphiaPA19104
property at 535 Budd St

535 Budd St

PhiladelphiaPA19104

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.

property at 1464 N 52nd St

1464 N 52nd St

PhiladelphiaPA19131
property at 214 N 54th St

214 N 54th St

PhiladelphiaPA19139

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.

property at 5122 Arch St

5122 Arch St

PhiladelphiaPA19139
property at 5820 Arch St

5820 Arch St

PhiladelphiaPA19139

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.

Belmont, Philadelphia, PA Local Guide

Cheapest Available Belmont Apartments for Rent

 

The cheapest available apartment rental in the Belmont area of Philadelphia, PA is a 3 Beds unit found at Student Housing - Newly Renovated priced from $655. Sherwood Court has the second lowest priced unit, which is a Studio apartment currently listed from $805. Here are the most affordable Belmont apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Student Housing - Newly Renovated3BR/1.0BA3BR,1BA$655
Sherwood Court0BR/1.0BAStudio,1BA$805
Winchester ApartmentsMontgomeryStudio,1BA$850
The Brownstones at Diamond StreetTwo Bedrooms2BR,1BA$860
Hoffman Place Apartments1 Bedroom1BR,1BA$895
University Court ApartmentsStudioStudio,1BA$895
Pine Court0BR/1.0BAStudio,1BA$925
Belmont PlaceStudioStudio,1BA$925

Best Value Apartments for Rent in Belmont, PA

As of June 26, 2025 the best value apartment in the Belmont area is the $0.59 price per square foot 2213 N 33rd St Model at 2213 N 33rd St, Unit 3 in the in the Belmont neighborhood starting from $1,600. The second greatest value Belmont apartment is the 5850 Chestnut St Model at 5850 Chestnut St, Unit 2ND FLOOR starting at $1,400 with a $0.91 price per square foot in the Belmont neighborhood. Here is today’s list of the best values for Belmont apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2213 N 33rd St, Unit 32213 N 33rd St2BR,1BA$0.59
5850 Chestnut St, Unit 2ND FLOOR5850 Chestnut St2BR,1BA$0.91
435 N 39th St, Unit 3rd Floor435 N 39th StStudio ,1BA$0.71
Sharswood CrossingThree Bedroom3BR,2BA$1.13
The Brownstones at Diamond StreetTwo Bedrooms2BR,1.5BA$0.74
Mantua Preservation ProjectMantua Preservation Project2BR,1BA$0.99
1504 N 54th St, Unit 1st Flr1504 N 54th St2BR,1BA$1.02
5900 Pine St, Unit 25900 Pine St1BR,1BA$1.13
5724 Malvern Ave, Unit Basement5724 Malvern Ave1BR,1BA$1.20
Hoffman Place Apartments1 Bedroom1BR,1BA$1.22

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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Pet Friendly Lifestyle
Belmont, Philadelphia, PA

Ranked #15

Among neighborhoods in Philadelphia, PA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Pennsylvania including Belmont, Philadelphia, and the greater Philadelphia area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Belmont Neighborhood in Philadelphia, PA

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

68 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Belmont Apartments

What is a cheap apartment in Belmont?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Belmont is under $925.

What is the price of a cheap apartment in Belmont?

The cheapest apartment in Belmont is Hoffman Place Apartments which is listed at $895, while the average apartment in Belmont costs $8,290.

What types of apartments are the cheapest in Belmont?

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 168 regular apartments in Belmont 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 Belmont?

Cheap apartments in Belmont have an average cost of $596 which is $7,694 cheaper than the average rent for all rentals in Belmont.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.