Cheap Apartments for Rent in the Center City Neighborhood of Philadelphia, PA from $647 (248 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Center City area of Philadelphia.

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property at 29 S 2nd St

$1,250 - $1,400

1 Bedroom Rentals

Available Now

29 S 2nd St

PhiladelphiaPA19106

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property at 245 N 12th St

$1,328 - $1,420

Studio To 2 Bedroom Rentals

Available Now

245 N 12th St

PhiladelphiaPA19107
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1314 Walnut St, Unit 3R
$1,425
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Total Monthly Price

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$1,425
Total Monthly Price
$1,425
1 Bedroom Apartment Available Now

1314 Walnut St, Unit 3R

1314 Walnut StPhiladelphia, PA 19107
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Park Towne Place
Rent Specials
$1,481 - $8,623
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$1,481 - $8,623
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Studio to 3 Bedroom Apartments Available Now

Park Towne Place

2200 Benjamin Franklin PkyPhiladelphia, PA 19130
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Philadelphia's Best Affordable Neighborhoods

Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

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property at 2006 Chestnut St

$1,500 - $2,950

Studio To 2 Bedroom Rentals

Available Now

2006 Chestnut St

PhiladelphiaPA19103
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The Katharine
Rent Specials
$1,525 - $2,420
Total Monthly Price

Total Monthly Price

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$1,525 - $2,420
Total Monthly Price
$1,525 - $2,420
1 to 3 Bedroom Apartments Available Now

The Katharine

325 N 15th StPhiladelphia, PA 19102
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The Noble
$1,529 - $4,033
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$1,529 - $4,033
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Studio to 2 Bedroom Apartments Available Now

The Noble

200 Spring Garden StPhiladelphia, PA 19123
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Center City, Philadelphia, PA Local Guide

Cheapest Available Center City Apartments for Rent

 

The cheapest available apartment rental in the Center City area of Philadelphia, PA is a Studio unit found at 1606-1608 Locust St priced from $865. The Lenox Condos has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Center City apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
1606-1608 Locust StEfficiencyStudio,1BA$865
The Lenox Condos0 Beds, 1 BathsStudio,1BA$1,175
Roosevelt ApartmentsStudioStudio,1BA$1,245
Papermill Lofts253 #4CStudio,1BA$1,300
1131 Spruce St0BR/1.0BAStudio,1BA$1,350
The HowellLayout B1BR,1BA$1,367
Universal Court 13 Bed 2.5 Bath3BR,2BA$1,387
The CommonwealthSansomStudio,1BA$1,395
1530 ChestnutStudioStudio,1BA$1,395

Best Value Apartments for Rent in Center City, PA

As of August 30, 2026 the best value apartment in the Center City area is the $1.13 price per square foot 4 S Front St Model at 4 S Front St, Unit 4 in the in the Center City neighborhood starting from $2,250. The second greatest value Center City apartment is the 602 Model at The Chatham starting at $2,250 with a $1.80 price per square foot in the Belmont neighborhood. Here is today’s list of the best values for Center City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4 S Front St, Unit 44 S Front St2BR,2BA$1.13
The Chatham6022BR,1BA$1.80
WLIVING at 117 Spring Garden2 BR/2 BA2BR,2BA$1.66
Universal Court 13 Bed 2.5 Bath3BR,2.5BA$1.25
1501 Locust St Residential1BD/1.5BA1BR,1.5BA$2.22
Waverly Court / Keppoch House1BR/1.0BA1BR,1BA$2.00
751 S 22nd St, Unit 3F751 S 22nd St2BR,1BA$2.24
1430 South Street1BR/1.0BA1BR,1BA$1.96
205 N 11th St, Unit 2FL205 N 11th StStudio ,1BA$1.93
1314 Walnut St, Unit 3R1314 Walnut St1BR,1BA$2.10

Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life

Find your perfect Philly college neighborhood. We break down the best areas for student renters near major universities, from walkable West Philly to the trendy spots in North Philly.

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Unlock Your Philly Commute: Your Guide to Renting Near the City's Biggest Employers

Live like a local! Explore diverse Philly neighborhoods—from trendy Fishtown to historic Cedar Park—with an easy commute to your job. Your expert guide is here.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you comprehensive Lifestyle Ratings of rentals in areas across the United States including Center City, Philadelphia, and the greater Philadelphia area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Center City Apartments

What is the Cheapest Studio apartment in Center City?

Currently the most affordable Cheap Studio Apartment in Center City is at 1606-1608 Locust St listed at $865.

How much is rent for a Cheap One Bedroom Center City Apartment?

The lowest price for a Cheap One Bedroom Center City Apartment is $1,367 at The Howell.

What is the lowest price for a Cheap Two Bedroom Center City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Center City is starting from $1,495 at 625 S 10th St.

What is the most affordable Center City Three Bedroom Apartment?

The best deal on a cheap Center City Three Bedroom Apartment rental is at Universal Court 1 and starts from $1,387.

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

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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.

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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.

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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.

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Philadelphia is a city of neighborhoods. Those who live here take great pride in our specific corners of the city.

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