Cheap Apartments for Rent in the Chestnut Hill Neighborhood of Philadelphia, PA from $700 (153 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 45 E Cliveden St

$1,250 - $1,295

1 Bedroom Rentals

Available Now

45 E Cliveden St

PhiladelphiaPA19144
property at 215 W Walnut Ln

$1,295 - $1,495

1 To 2 Bedroom Rentals

Available Now

215 W Walnut Ln

PhiladelphiaPA19144

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property at 200 W Sedgwick St

$1,350 - $1,495

1 To 2 Bedroom Rentals

Available Now

200 W Sedgwick St

PhiladelphiaPA19119
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Chestnut Hill Tower
Rent Specials
$1,352 - $2,532
Total Monthly Price

Total Monthly Price

Base Rent
$1,352 - $2,532
Total Monthly Price
$1,352 - $2,532
Studio to 3 Bedroom Apartments Available Now

Chestnut Hill Tower

7600 Stenton AvePhiladelphia, PA 19118
Student Housing
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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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Chestnut Hill, Philadelphia, PA Local Guide

Cheapest Available Chestnut Hill Apartments for Rent

 

The cheapest available apartment rental in the Chestnut Hill area of Philadelphia, PA is a Studio unit found at Stenton Apartments priced from $974. New Covenant Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $976. Here are the most affordable Chestnut Hill apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Stenton ApartmentsStudio | 1 BathStudio,1BA$974
New Covenant ManorOne Bedroom1BR,1BA$976
Cedar Square ApartmentsStudioStudio,1BA$995
Wadsworth ManorOne Bedroom1BR,1BA$995
Gardens of Mt. AiryStudioStudio,1BA$999
Willow Bend Apartments1 Bedroom1BR,1BA$1,130
Hill House at Chestnut HillA1aStudio,1BA$1,152
Upsal Gardens102 1 BR, bath in bedroom1BR,1BA$1,200
Cliveden Court1 Bedroom1BR,1BA$1,250
Cliveden Apartments1 Bedroom1BR,1BA$1,250

Best Value Apartments for Rent in Chestnut Hill, PA

As of April 11, 2026 the best value apartment in the Chestnut Hill area is the $1.59 price per square foot The Olive Model at Henry on the Park Apartments in the in the Chestnut Hill neighborhood starting from $1,592. The second greatest value Chestnut Hill apartment is the 1 Bedroom Model at Cliveden Court starting at $1,250 with a $1.56 price per square foot in the Mount Airy neighborhood. Here is today’s list of the best values for Chestnut Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Henry on the Park ApartmentsThe Olive1BR,1BA$1.59
Cliveden Court1 Bedroom1BR,1BA$1.56
Rose Court Apartments1 Bedroom1BR,1BA$1.62
Cliveden Apartments1 Bedroom1BR,1BA$1.56
257 E Cliveden St, Unit 2257 E Cliveden St2BR,1BA$1.75
Mt. Airy Manor1 Bed, 1 Bath1BR,1BA$1.77
Wadsworth ManorTwo Bedroom2BR,1BA$1.73
New Covenant ManorOne Bedroom1BR,1BA$1.32
Domino Lane Apartments1 Bedroom with Private Entrance1BR,1BA$1.90
Willow Bend Apartments1 Bedroom1BR,1BA$1.71

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Best Local Schools in
Chestnut Hill, Philadelphia, PA

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Lifestyle Ratings

This website is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States, including Philadelphia. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Chestnut Hill Apartments

What is a cheap apartment in Chestnut Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chestnut Hill is under $1,250.

What is the price of a cheap apartment in Chestnut Hill?

The cheapest apartment in Chestnut Hill is New Covenant Manor which is listed at $976, while the average apartment in Chestnut Hill costs $2,500.

What types of apartments are the cheapest in Chestnut Hill?

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 34 regular apartments in Chestnut Hill 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 Chestnut Hill?

Cheap apartments in Chestnut Hill have an average cost of $258 which is $2,242 cheaper than the average rent for all rentals in Chestnut Hill.

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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Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.