
Cheap Homes for Rent in Philadelphia, PA from $500 (593 Rentals)
Search the lowest-cost Homes available for rent right now in Philadelphia.


5043 Copley Rd

1822 W Norris St

1434 Willington St, Unit A

132 N King St, Unit A Gloucester city

1846 N Bouvier St, Unit Room 202

2351 N Park Ave, Unit 3

2351 N Park Ave, Unit ROOM 3A

623 S 42nd St

1846 N Bouvier St, Unit Room 102
More Than a Suburb: The Best Philly-Area Towns for Renters
Looking for an apartment near Philadelphia? Discover the best surrounding cities that offer the perfect balance of affordability, space, and local charm.

5611 N Park Ave

221 Wendover St

206 Marne Rd

3040 N 22nd St

2548 N 12th St

2260 N 15th St

1339 N Frazier St, Unit 2

5604 Cedar Ave

5604 Cedar Ave

2311 S Bucknell St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

3534 N 8th St, Unit 2R

1550 Ruan St

2083 E Clearfield St

5638 Haverford Ave

4839 Griscom St

1137 N Orianna St

205 N 36th St

3804 N Darien St, Unit 3A

5900 Pine St

3244 N 20th 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.

5630 Pemberton St

2047 68th Ave

3100 N 29th St

2002 N 17th St

2922 Frankford Ave

1217 Arrott St

1530 S Vogdes St

2141 N Uber St

6202 Homer St

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

1521-1500 Wakeling St

5536 Chester Ave, Unit 2F

6617 Rutland St

3715 N 15th St, Unit 2

1209 S 58th St, Unit 3E

658 N 52nd St, Unit 1R

1209 S 58th St, Unit 4D

4237 Baltimore Ave, Unit 2R

3119 Frankford Ave

1310 4th Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,797 | $750 | $7,000 |
| Philadelphia 3 Bedroom Homes for Rent | $2,141 | $800 | $9,950 |
| Philadelphia 4 Bedroom Homes for Rent | $2,803 | $500 | $10,000+ |
| Philadelphia 5 Bedroom Homes for Rent | $3,720 | $1,111 | $10,000+ |
| Philadelphia 6 Bedroom Homes for Rent | $3,849 | $1,700 | $6,300 |
| Philadelphia 7 Bedroom Homes for Rent | $5,098 | $2,292 | $7,200 |
Browse Top Homes for Rent in Philadelphia
Explore Philadelphia
Philadelphia, PA Local Guide
- Philadelphia Neighborhoods
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Cheapest Neighborhoods for Apartments in Philadelphia, PA
Pricing Updated: 09/12/2026Current apartment rentals in the Philadelphia, PA area range in price from $300 to $24,995 with an overall median price of $1,986. The three Philadelphia neighborhoods with the lowest median rent pricing are Price Tract at $1,087, Beverly Hills at $1,095, and Logan at $1,107. 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 |
|---|---|---|---|
| Price Tract | $1,087 | $882 | 5 |
| Beverly Hills | $1,095 | $750 | 36 |
| Logan | $1,107 | $845 | 71 |
| Barclay Square | $1,126 | $750 | 35 |
| Bridesburg | $1,135 | $750 | 14 |
| Frankford | $1,135 | $750 | 35 |
| Logan Ogontz Fern Rock | $1,145 | $750 | 77 |
| Belfield | $1,147 | $750 | 83 |
| Ogontz | $1,150 | $750 | 83 |
| Overbrook Park | $1,150 | $750 | 39 |
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. Flagstone Point in the Amherst Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $574. 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 |
| Flagstone Point | 1 Bedroom | 1BR,1BA | $574 |
| Student Housing - Newly Renovated | 3BR/1.0BA | 3BR,1BA | $695 |
| 1808 W Tioga St. | 0BR/1.0BA | Studio,1BA | $700 |
| Arizona Lofts | Studio | Studio,1BA | $746 |
| Oak Lane Court Apartments | 0/1.0 | Studio,1BA | $750 |
| 1425 West Erie Avenue | 1425 West Erie Avenue - Offic... | Studio,1BA | $750 |
| Stonehurst Apartments | Quartz | Studio,1BA | $750 |
| Alden Park Luxury Apartments | S1P | Studio,1BA | $756 |
Best Value Apartments for Rent in Philadelphia, PA
As of September 13, 2026 the best value apartment in the Philadelphia area is the $0.29 price per square foot 1 Beds, 1 Baths Model at 1602 N 17th St in the in the Poplar neighborhood starting from $900. The second greatest value Philadelphia apartment is the 3BR/2.0BA Model at Newly Renovated Temple Apartment starting at $1,500 with a $0.54 price per square foot in the Poplar 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. |
|---|---|---|---|
| 1602 N 17th St | 1 Beds, 1 Baths | 1BR,1BA | $0.29 |
| Newly Renovated Temple Apartment | 3BR/2.0BA | 3BR,2BA | $0.54 |
| 6649 Hegerman St, Unit 1 | 6649 Hegerman St | 1BR,1BA | $0.43 |
| 3830 Baring St | 2 Bed 1 Bath | 2BR,1BA | $0.79 |
| 1936 W Girard Ave, Unit Second floor | 1936 W Girard Ave | 1BR,1BA | $0.83 |
| Carlisle Court: Medical Dental & Pharm | FEMALE UNIT | 4BR,4BA | $0.58 |
| Skyline Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $0.67 |
| Sharswood Townhouses II | 2 Bedroom | 2BR,1BA | $0.81 |
| Sharswood Townhouses III | 2 Bedroom | 2BR,1BA | $0.87 |
| The Legacy at Drexel Arms | 4x2 | 4BR,2BA | $0.84 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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
Dawn
March 31, 2026I'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 8269 Apartments for Rent in Philadelphia, PA with pricing that ranges from $300 to $24,995. There are also 1951 Single Family Homes for rent, Condos, and Townhome rentals currently available in Philadelphia ranging from $500 to $23,500.
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 $500 to $23,500 with an average monthly rent of $2,101.
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 $849 to $15,197, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $9,950. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $585.
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

More Than a Suburb: The Best Philly-Area Towns for Renters
Written by: Richard Corrigan
I’m Richard, your ApartmentHomeLiving.com Local Expert for Philadelphia.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.