
Cheap Homes for Rent in Center City East Neighborhood of Philadelphia, PA from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Center City East area of Philadelphia.


1203 Locust St
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.

330 S Juniper St

1204 Chestnut St
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.
Center City East, Philadelphia, PA Local Guide

How much does it cost to rent a home in Center City East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Center City East 2 Bedroom Homes for Rent | $1,725 | $1,650 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Center City East Neighborhood of Philadelphia, PA.
Explore Philadelphia
Best Value Apartments for Rent in Center City East, PA
As of January 11, 2026 the best value apartment in the Center City East area is the $2.40 price per square foot 714 Chestnut St Model at 714 Chestnut St, Unit 2F in the in the Center City neighborhood starting from $2,400. The second greatest value Center City East apartment is the 1BR/1.5BA Model at 4525 Walnut Associates LP starting at $2,150 with a $2.74 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Center City East apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 714 Chestnut St, Unit 2F | 714 Chestnut St | 2BR,1BA | $2.40 |
| 4525 Walnut Associates LP | 1BR/1.5BA | 1BR,1.5BA | $2.74 |
| The Baum’s Building | 1BR / 1 BA | 1BR,1BA | $2.61 |
| Four Forty North Front LLC | 1BR/1.5BA | 1BR,1.5BA | $2.70 |
| The Collins | 1-Bedroom 1-Bathroom | 651 sqft | 1BR,1BA | $2.60 |
| The Crane Chinatown | 02 Unit | 1BR,1BA | $3.01 |
| The Chancellor | 04 | 1BR,1BA | $2.75 |
| 1001 Chestnut St, Unit 407E | 1001 Chestnut St | 1BR,1BA | $2.78 |
| Annex 1201 | Studio | Studio ,1BA | $2.72 |
| 905 Arch St, Unit 301 | 905 Arch St | Studio ,1BA | $2.38 |
Frequently Asked Questions about Center City East
What type of rentals are currently available in Center City East?
There are currently 144 Apartments for Rent in Center City East, PA with pricing that ranges from $850 to $14,995. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Center City East ranging from $1,200 to $2,400.
What is the current price range for Rental Homes in Center City East?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Center City East ranges from $1,200 to $2,400 with an average monthly rent of $1,699.
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.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!