Cheap Apartments for Rent in the Frankford Neighborhood of Philadelphia, PA from $500 (20 Rentals)

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

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.

property at 4635 Leiper St

4635 Leiper St

PhiladelphiaPA19124

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.

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Foulkrod Apartments
1 to 3 Bedroom Apartments

Foulkrod Apartments

1338 Foulkrod StPhiladelphia, PA 19124
  • Utilities Included
  • Smoke Free
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4711 Leiper St
Studio to 1 Bedroom Apartments

4711 Leiper St

4711 Leiper StPhiladelphia, PA 19124
  • Utilities Included
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Boulevard Gardens
1 to 2 Bedroom Apartments

Boulevard Gardens

4801 Summerdale AvePhiladelphia, PA 19124
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Arizona Lofts
Studio to 2 Bedroom Apartments

Arizona Lofts

4618 Leiper StPhiladelphia, PA 19124

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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Palmar Apartments
1 Bedroom Apartments

Palmar Apartments

5926 Bustleton AvePhiladelphia, PA 19149
  • Utilities Included
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6800 Bingham Street
Studio to 1 Bedroom Apartments

6800 Bingham Street

4605 Leiper StPhiladelphia, PA 19124
  • Utilities Included

Frankford, Philadelphia, PA Local Guide

Cheapest Available Frankford Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Arizona LoftsStudioStudio,1BA$707
Foulkrod Manor LLCStudio UnitsStudio,1BA$890

Best Value Apartments for Rent in Frankford, PA

As of November 14, 2025 the best value apartment in the Frankford area is the $0.54 price per square foot 1432 E Cheltenham Ave Model at 1432 E Cheltenham Ave, Unit #2 Front in the in the Mayfair neighborhood starting from $800. The second greatest value Frankford apartment is the 1305 Foulkrod St Model at 1305 Foulkrod St, Unit Northwood starting at $975 with a $0.70 price per square foot in the Mayfair neighborhood. Here is today’s list of the best values for Frankford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1432 E Cheltenham Ave, Unit #2 Front1432 E Cheltenham Ave1BR,0.5BA$0.54
1305 Foulkrod St, Unit Northwood1305 Foulkrod St1BR,1BA$0.70
2385 Orthodox St, Unit Rear Unit2385 Orthodox St3BR,1BA$1.18
1610 Dyre St, Unit SRO-2F1610 Dyre St1BR,1BA$0.67
Carver Hall Gardens1 BEDROOM1BR,1BA$1.36
Foulkrod Manor LLC1 Bedroom1BR,1BA$1.37
1620 Foulkrod St, Unit A1 - SRO1620 Foulkrod St1BR,1BA$0.79
1616 Foulkrod St, Unit 3rd Floor C21616 Foulkrod StStudio ,1BA$0.79
4737 Frankford Ave, Unit 3rd Floor C34737 Frankford AveStudio ,1BA$1.29
1647 Pratt St, Unit 2nd floor - B21647 Pratt StStudio ,1BA$1.30

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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Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Quick Rent Budget Calculator

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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
Frankford, Philadelphia, PA

Ranked #172

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Frankford Neighborhood in Philadelphia, PA

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Transit Score®

73 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Frankford Apartments

What is the Cheapest Studio apartment in Frankford?

Currently the most affordable Cheap Studio Apartment in Frankford is at Arizona Lofts listed at $707.

How much is rent for a Cheap One Bedroom Frankford Apartment?

The lowest price for a Cheap One Bedroom Frankford Apartment is $931 at Arizona Lofts.

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

Today's best deal for a Cheap Two Bedroom Apartment in Frankford is starting from $1,295 at Oxford Gardens managed by Silverstone Properties.

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.

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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.