Cheap Apartments for Rent in the Frankford Neighborhood of Philadelphia, PA from $500 (11 Rentals)

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

property at 4617 Penn St

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

Studio, 1 Bath Home for Rent

Available Now

4617 Penn St

PhiladelphiaPA19124
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1432 E Cheltenham Ave, Unit #2 Front
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800
1 Bedroom Apartment Available Now

1432 E Cheltenham Ave, Unit #2 Front

1432 E Cheltenham AvePhiladelphia, PA 19124
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Foulkrod Apartments
1 to 3 Bedroom Apartments

Foulkrod Apartments

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

4711 Leiper St

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

Boulevard Gardens

4801 Summerdale AvePhiladelphia, PA 19124
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Palmar Apartments
1 Bedroom Apartments

Palmar Apartments

5926 Bustleton AvePhiladelphia, PA 19149
  • Utilities Included

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Frankford, Philadelphia, PA Local Guide

Cheapest Available Frankford Apartments for Rent

 

The cheapest available apartment rental in the Frankford area of Philadelphia, PA is a Studio unit found at Arizona Lofts priced from $797. Foulkrod Manor LLC has the second lowest priced unit, which is a Studio apartment currently listed from $890. Here are the most affordable Frankford apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Arizona LoftsStudioStudio,1BA$797
Foulkrod Manor LLCStudio UnitsStudio,1BA$890
Carver Hall Gardens1 BEDROOM1BR,1BA$995
Oxford Gardens managed By Silverstone PropertiesB1-G1BR,1BA$1,050
Oxford Gardens managed by Silverstone PropertiesB1-G1BR,1BA$1,095

Best Value Apartments for Rent in Frankford, PA

As of February 19, 2026 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 5400 Valley St Model at 5400 Valley St, Unit B starting at $1,000 with a $1.00 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
5400 Valley St, Unit B5400 Valley St1BR,1BA$1.00
Oxford Gardens managed by Silverstone PropertiesNewly Renovated Garden Style Apartment1BR,1BA$1.47
Arizona LoftsTwo Bedroom One Bath2BR,1BA$1.59
Carver Hall Gardens1 BEDROOM1BR,1BA$1.36
Foulkrod Manor LLC1 Bedroom1BR,1BA$1.37
Oxford Gardens managed By Silverstone PropertiesB1-G1BR,1BA$1.50
Oxford Gardens managed by Silverstone PropertiesB1-G1BR,1BA$1.56
4703 Penn St, Unit 1st Floor - A14703 Penn St1BR,1BA$1.43
1620 Foulkrod St1620 Foulkrod StStudio ,1BA$0.86

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Pet Friendly Lifestyle
Frankford, Philadelphia, PA

Ranked #170

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $797.

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

The lowest price for a Cheap One Bedroom Frankford Apartment is $941 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 $1,190 at Arizona Lofts.

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.

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