Cheap Apartments for Rent in the Kensington Neighborhood of Philadelphia, PA from $700 (158 Rentals)

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

property at 2404 E Letterly St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

2404 E Letterly St

PhiladelphiaPA19125

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property at 2230 E Somerset St

$974 - $2,121

Studio To 2 Bedroom Rentals

Available Now

2230 E Somerset St

PhiladelphiaPA19134

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.

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property at 1935 E Hazzard St

$1,100 - $1,250

Studio To 1 Bedroom Rentals

Available Now

1935 E Hazzard St

PhiladelphiaPA19125

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Hagert and York
Rent Specials
$1,210 - $3,335
Total Monthly Price

Total Monthly Price

Base Rent
$1,210 - $3,335
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Hagert and York

1999 E Boston StPhiladelphia, PA 19125
Student Housing
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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.

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Kensington, Philadelphia, PA Local Guide

Cheapest Available Kensington Apartments for Rent

 

The cheapest available apartment rental in the Kensington area of Philadelphia, PA is a Studio unit found at Collins Lofts priced from $1,085. The Parkside Fishtown has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Kensington apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Collins LoftsStudioStudio,1BA$1,085
The Parkside FishtownStudioStudio,1BA$1,150
The Mill at York StationStudioStudio,1BA$1,195
Westmoreland LoftsOne Bedroom One Bath1BR,1BA$1,214
The Bromley Loom House1BR/1.0BA1BR,1BA$1,295

Best Value Apartments for Rent in Kensington, PA

As of May 20, 2026 the best value apartment in the Kensington area is the $1.90 price per square foot 2603 E Boston St Model at 2603 E Boston St, Unit 2 in the in the Richmond neighborhood starting from $3,999. The second greatest value Kensington apartment is the 2515 Frankford Ave Model at 2515 Frankford Ave, Unit Unit 2 starting at $1,458 with a $1.25 price per square foot in the Richmond neighborhood. Here is today’s list of the best values for Kensington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2603 E Boston St, Unit 22603 E Boston St3BR,2.5BA$1.90
2515 Frankford Ave, Unit Unit 22515 Frankford Ave3BR,2BA$1.25
Atlas Lofts1 Bed, 1 Bath1BR,1BA$1.65
Brand New Luxury Apartments1BR/1.0BA1BR,1BA$1.83
3719 L St, Unit 13719 L St1BR,1BA$1.28
1950 Clarence St, Unit 21950 Clarence St2BR,1BA$1.23
3053 Frankford Ave, Unit 2F3053 Frankford Ave1BR,1BA$1.43
2533 N Water St2533 N Water St1BR,1BA$1.38
Westmoreland LoftsOne Bedroom One Bath1BR,1BA$1.90
3427 N 2nd St, Unit 2r3427 N 2nd StStudio ,1BA$1.88

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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Real 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.

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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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Pet Friendly Lifestyle
Kensington, Philadelphia, PA

Ranked #73

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Kensington, Philadelphia, PA

School data provided by Great Schools

Frequently Asked Questions about Cheap Kensington Apartments

What is a cheap apartment in Kensington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kensington is under $1,295.

What is the price of a cheap apartment in Kensington?

The cheapest apartment in Kensington is Westmoreland Lofts which is listed at $1,214, while the average apartment in Kensington costs $2,297.

What types of apartments are the cheapest in Kensington?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Kensington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Kensington?

Cheap apartments in Kensington have an average cost of $463 which is $1,834 cheaper than the average rent for all rentals in Kensington.

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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