
Cheap Homes for Rent in Philadelphia, PA from $500 (894 Rentals)
Search the lowest-cost Homes available for rent right now in Philadelphia.


2141 N Uber St

1223 W Somerset St

5638 Haverford Ave

2449 N Opal St

1137 N Orianna St

5443 Gainor Rd

6840 West Chester Pike

864 E Chelten Ave

3055 Potter St
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.

711 N Dekalb St

2258 N Park Ave

5005 Jackson St

3845 Fairmount Ave

3635 N 21st St

4273 Silverwood St

3036-40 N 22nd St

4149 N Broad St

165 Cotton St

1866 N Uber St
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.

1410 N Willington St, Unit 1

317 E Broad St

3333 N Gratz St

332 N 62nd St

4728 Chestnut St

2227 N 17th St

4548 Wilde St

147 Pensdale St

41 N Paxon St

5811 Market St
Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide
Get the true Philly experience! The Philadelphia Insider's Guide to the city's distinct neighborhoods (Fishtown, Queen Village, Society Hill) and must-see local attractions from ApartmentHomeLiving.com.

55 N 63rd St

5638 Haverford Ave

5000 Locust St

5043 Copley Rd

1235 W Lehigh Ave

918 S 12th St

4708 Penn St

1800 E St

3431 Ridge Ave

131 Pensdale St
Philadelphia's Best Affordable Neighborhoods
Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

7235 Haverford Ave

6957 Guilford Rd

7212 Clinton Rd

1115 E Chelten Ave

5748 Chestnut St

3229 Almond St

4971 Kershaw St

3313 N Park Ave, Unit 1

5003 Penn St, Unit 1F

5502 W Thompson St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Philadelphia, PA Local Guide

How much does it cost to rent a home in Philadelphia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Philadelphia 2 Bedroom Homes for Rent | $1,739 | $950 | $9,272 |
| Philadelphia 3 Bedroom Homes for Rent | $2,067 | $700 | $7,648 |
| Philadelphia 4 Bedroom Homes for Rent | $2,562 | $700 | $8,999 |
| Philadelphia 5 Bedroom Homes for Rent | $2,939 | $600 | $10,000+ |
| Philadelphia 6 Bedroom Homes for Rent | $3,841 | $525 | $6,595 |
| Philadelphia 7 Bedroom Homes for Rent | $5,310 | $2,750 | $8,250 |
Browse Top Homes for Rent in Philadelphia
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Philadelphia, PA Local Guide
- Philadelphia Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Philadelphia, PA
Pricing Updated: 01/26/2026Current apartment rentals in the Philadelphia, PA area range in price from $499 to $24,995 with an overall median price of $3,336. The three Philadelphia neighborhoods with the lowest median rent pricing are Frankford at $795, Haddington at $725, and Millbourne at $725. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Philadelphia Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Frankford | $1,305 | $795 | 34 |
| Haddington | $1,340 | $725 | 29 |
| Millbourne | $1,340 | $725 | 64 |
| Bridesburg | $1,350 | $795 | 16 |
| Tacony Wissinoming | $1,350 | $800 | 26 |
| Price Tract | $1,400 | $880 | 4 |
| Near Northeast Philadelphia | $1,400 | $800 | 28 |
| Tacony | $1,400 | $800 | 31 |
| Downtown Chester | $1,413 | $750 | 33 |
| Sunnyside | $1,433 | $880 | 27 |
Cheapest Available Philadelphia Apartments for Rent
 The cheapest available apartment rental in Philadelphia, PA is a Studio unit found at Four Freedoms House- Seniors 62 yrs and older in the West Mount Airy neighborhood priced from $502. Roosevelt Manor Phase IX and X in the Centerville neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $675. Here is today’s list of the most affordable Philadelphia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Four Freedoms House- Seniors 62 yrs and older | Efficiency | Studio,1BA | $502 |
| Roosevelt Manor Phase IX and X | 2TH | 2BR,1BA | $675 |
| Student Housing - Newly Renovated | 1BR/1.0BA | 1BR,1BA | $680 |
| Stonehurst Apartments | Quartz | Studio,1BA | $750 |
| 1515 N. 16th | 3BR/3.0BA | 3BR,3BA | $750 |
| Oak Lane Court Apartments | 0/1.0 | Studio,1BA | $750 |
Best Value Apartments for Rent in Philadelphia, PA
As of January 27, 2026 the best value apartment in the Philadelphia area is the $0.55 price per square foot 1441 Hellerman St Model at 1441 Hellerman St, Unit 1441 Hellerman in the in the Mayfair neighborhood starting from $1,200. The second greatest value Philadelphia apartment is the 1124 S 15th St Model at 1124 S 15th St, Unit 1st Fl starting at $1,960 with a $0.92 price per square foot in the Market East neighborhood. Here is today’s list of the best values for Philadelphia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1441 Hellerman St, Unit 1441 Hellerman | 1441 Hellerman St | 2BR,1BA | $0.55 |
| 1124 S 15th St, Unit 1st Fl | 1124 S 15th St | 1BR,1BA | $0.92 |
| 376 Beverly Boulevard 2nd floor, Unit Second floor | 376 Beverly Boulevard 2nd floor | 2BR,1BA | $0.65 |
| Sharswood Townhouses III | 3 Bedroom | 3BR,1BA | $0.63 |
| 1816 N 17th St, Unit A | 1816 N 17th St | 3BR,2BA | $0.67 |
| 1432 E Cheltenham Ave, Unit #2 Front | 1432 E Cheltenham Ave | 1BR,0.5BA | $0.54 |
| Skyline Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $0.67 |
| Sharswood Townhouses II | 2 Bedroom | 2BR,1BA | $0.81 |
| Roosevelt Manor Phase IX and X | 2TH | 2BR,1BA | $0.69 |
| The Legacy at Drexel Arms | 4x2 | 4BR,2BA | $0.83 |
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.
Read ArticleUnlock 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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Philadelphia, PA Rentals by Map
See the most popular apartments and homes in Philadelphia, PA
Philadelphia, PA Area Reviews
Frequently Asked Questions about Philadelphia
What type of rentals are currently available in Philadelphia?
There are currently 8310 Apartments for Rent in Philadelphia, PA with pricing that ranges from $499 to $24,995. There are also 2561 Single Family Homes for rent, Condos, and Townhome rentals currently available in Philadelphia ranging from $500 to $12,000.
What is the current price range for Rental Homes in Philadelphia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Philadelphia ranges from $500 to $12,000 with an average monthly rent of $3,329.
How much are larger Three and Four Bedroom Rentals in Philadelphia?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Philadelphia range from $599 to $16,220, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $7,648. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $670.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.

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.