Cheap Homes for Rent in Philadelphia, PA from $300 (694 Rentals)

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Search the lowest-cost Homes available for rent right now in 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.

property at 124 Jamestown St

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675

1 Bedroom, 2 Bath Home for Rent

Available Jul 1

124 Jamestown St

PhiladelphiaPA19127
property at 152 East St

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

152 East St

PhiladelphiaPA19127
property at 221 Wendover St

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675

1 Bedroom, 1.5 Bath Home for Rent

Available Jul 1

221 Wendover St

PhiladelphiaPA19128
property at 124 Burnside St

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675

1 Bedroom, 2 Bath Home for Rent

Available Jul 1

124 Burnside St

PhiladelphiaPA19127

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 165 Cotton St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

4 Bedroom, 1 Bath Townhome for Rent

Available Now

165 Cotton St

PhiladelphiaPA19127

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.

property at 2224 N 11th St

$750 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$750 - $1,200

Total Monthly Price
$750 - $1,200

1 To 4 Bedroom Townhomes for Rent

Available Now

2224 N 11th St

PhiladelphiaPA19133
property at 147 Pensdale St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Townhome for Rent

Available Now

147 Pensdale St

PhiladelphiaPA19127
property at 4377 Pechin St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

4377 Pechin St

PhiladelphiaPA19128
property at 4548 Wilde St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

5 Bedroom, 2 Bath Townhome for Rent

Available Now

4548 Wilde St

PhiladelphiaPA19127
property at 3427 N 2nd St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

Studio, 1 Bath Townhome for Rent

Available Now

3427 N 2nd St

PhiladelphiaPA19140

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.

property at 5000 Locust St

$760

Total Monthly Price

Total Monthly Price

Base Rent
$760

Total Monthly Price
$760

1 Bedroom, 1 Bath Townhome for Rent

Available Now

5000 Locust St

PhiladelphiaPA19139
property at 3100 N 29th St

$800 - $1,100

Total Monthly Price

Total Monthly Price

Base Rent
$800 - $1,100

Total Monthly Price
$800 - $1,100

1 To 2 Bedroom Townhomes for Rent

Available Now

3100 N 29th St

PhiladelphiaPA19132
property at 131 Pensdale St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

4 Bedroom, 1 Bath Townhome for Rent

Available Now

131 Pensdale St

PhiladelphiaPA19127

Philadelphia's Best Affordable Neighborhoods

Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

Philadelphia, PA Local Guide

Cheapest Neighborhoods for Apartments in Philadelphia, PA

Pricing Updated: 04/28/2026

Current apartment rentals in the Philadelphia, PA area range in price from $300 to $19,500 with an overall median price of $4,740. The three Philadelphia neighborhoods with the lowest median rent pricing are Wynnefield Heights at $1,500, Bridesburg at $498, and Buckman Village at $1,450. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Philadelphia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Wynnefield Heights$1,500$1,5001
Bridesburg$1,600$49819
Buckman Village$1,697$1,4506
Holmesburg$1,750$1,05017
East Oak Lane$1,800$1,00014
Oak Lane East Oak Lane$1,800$1,6004
Fox Chase$1,850$1,4005
Logan$1,875$90030
Fairview$1,900$70035
Belfield$1,900$90042

Cheapest Available Philadelphia Apartments for Rent

 

The cheapest available apartment rental in Philadelphia, PA is a Studio unit found at 1833 N 19th St in the Poplar neighborhood priced from $425. Four Freedoms House- Seniors 62 yrs and older in the West Mount Airy neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $502. Here is today’s list of the most affordable Philadelphia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1833 N 19th StPrivate Bedroom/DormStudio,1BA$425
Four Freedoms House- Seniors 62 yrs and olderEfficiencyStudio,1BA$502
Student Housing - Newly Renovated3BR/1.0BA3BR,1BA$695
1515 N. 16th3BR/3.0BA3BR,3BA$750
Oak Lane Court Apartments0/1.0Studio,1BA$750
Stonehurst ApartmentsQuartzStudio,1BA$750
Tamarack Station Apartments1 Bedroom1BR,1BA$797
The View at Montgomery2BR/2BA2BR,2BA$799
Temple CrossingFantastic Location Near Temple University4BR,2BA$799

Best Value Apartments for Rent in Philadelphia, PA

As of April 29, 2026 the best value apartment in the Philadelphia area is the $0.95 price per square foot 1816 W Norris St Model at 1816 W Norris St, Unit 1 in the in the Poplar neighborhood starting from $1,900. The second greatest value Philadelphia apartment is the 1815 S 23rd St Model at 1815 S 23rd St, Unit 1 starting at $1,650 with a $0.87 price per square foot in the Grays Ferry neighborhood. Here is today’s list of the best values for Philadelphia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1816 W Norris St, Unit 11816 W Norris St4BR,3BA$0.95
1815 S 23rd St, Unit 11815 S 23rd St2BR,1BA$0.87
5734 Walker St, Unit 2nd Flr5734 Walker St1BR,1BA$0.97
Skyline Apartments2 Bedrooms, 1 Bathroom2BR,1BA$0.67
The Elm On 63rdType 134BR,4BA$0.74
4841 Germantown Ave4841 Germantown Ave1BR,1BA$1.09
Sharswood Townhouses II2 Bedroom2BR,1BA$0.81
Sharswood Townhouses III2 Bedroom2BR,1BA$0.80
4902 Kershaw St, Unit 2nd Floor4902 Kershaw StStudio ,1BA$1.03
1833 N 19th StPrivate Bedroom/DormStudio ,1BA$0.89

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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Quick Rent Budget Calculator

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Philadelphia, PA Area Reviews

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Dawn

March 31, 2026

I've lived here in Philadelphia all of my life and I'm 57 years old and to be honest South Philly never looked as good as it does.me and my daughter father broke up and he sold the house he owned and my daughter was getting ready to to college with a full scholarship so she moved in with him and his wife because the house was closed so I live in SW Philly on SSI and I'm trying my best to get a house or apartment but it's hard. But Center City looks good, They have bikes in all the neighborhoods and everything has changed and that's a good thing. Now only if I can get my house or apartment I'd thank the Lord.

Frequently Asked Questions about Philadelphia

What type of rentals are currently available in Philadelphia?

There are currently 8074 Apartments for Rent in Philadelphia, PA with pricing that ranges from $502 to $24,995. There are also 2136 Single Family Homes for rent, Condos, and Townhome rentals currently available in Philadelphia ranging from $300 to $19,500.

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 $300 to $19,500 with an average monthly rent of $2,719.

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 $799 to $18,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $7,750. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $700.

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.

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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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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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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.