Cheap Homes for Rent in Center City Neighborhood of Philadelphia, PA from $1,000 (31 Rentals)

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

property at 136 Chestnut St

$1,145

Studio, 1 Bath Condo for Rent

Available Now

136 Chestnut St

PhiladelphiaPA19106

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property at 1701 Locust St

$1,450 - $1,465

Studio Rentals

Available Now

1701 Locust St

PhiladelphiaPA19103
property at 909 S 16th St

$1,500

Studio, 1 Bath Townhome for Rent

Available Now

909 S 16th St, Unit 2

909 S 16th St
PhiladelphiaPA19146

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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Showing Results 1-31, Page 1 of 1

Cheapest Available Center City Apartments for Rent

 

The cheapest available apartment rental in the Center City area of Philadelphia, PA is a 1 Bed unit found at Universal Court 1 priced from $812. 1501 Locust St Residential has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Center City apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Universal Court 11 Bed, 1 bath1BR,1BA$812
1501 Locust St Residential0BR/1.0BAStudio,1BA$1,000
The DrakeSTUDIOStudio,1BA$1,011
The ClaremontStudioStudio,1BA$1,075
One CityResidence - A8Studio,1BA$1,093
Papermill Lofts237 #1IStudio,1BA$1,100
The NewportStudioStudio,1BA$1,135
Juniper PlaceStudioStudio,1BA$1,185
Old City Apartments124 #202Studio,1BA$1,200

Best Value Apartments for Rent in Center City, PA

As of January 10, 2026 the best value apartment in the Center City area is the $1.43 price per square foot 2 BR/2 BA Model at WLIVING at 117 Spring Garden in the in the Poplar neighborhood starting from $1,995. The second greatest value Center City apartment is the 43 Model at Mariners Court Apartments starting at $2,350 with a $1.77 price per square foot in the Poplar 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.
WLIVING at 117 Spring Garden2 BR/2 BA2BR,2BA$1.43
Mariners Court Apartments432BR,1BA$1.77
1525 South St, Unit 2nd Floor1525 South St2BR,2BA$1.81
104 Chestnut St, Unit 4104 Chestnut St1BR,1BA$1.27
Fitler Commons3042BR,1BA$1.60
2315 South St, Unit Apt. 22315 South St3BR,1.5BA$1.83
The Shirt Corner Apartments1BR/1.0BA1BR,1BA$1.65
514 South Street1BR/1.0BA1BR,1BA$1.73
2131 Walnut St1031BR,1BA$1.83
Universal Court 11 Bed, 1 bath1BR,1BA$1.29

Frequently Asked Questions about Center City

What type of rentals are currently available in Center City?

There are currently 1800 Apartments for Rent in Center City, PA with pricing that ranges from $647 to $29,970. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Center City ranging from $1,000 to $6,990.

What is the current price range for Rental Homes in Center City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Center City ranges from $1,000 to $6,990 with an average monthly rent of $2,509.

How much are larger Three and Four Bedroom Rentals in Center City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Center City range from $1,119 to $14,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,193 to $3,650. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $1,160.

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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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.

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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.

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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

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!