Cheap Apartments for Rent in the Market East Neighborhood of Philadelphia, PA from $700 (355 Rentals)

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

property at 1124 S 15th St

$1,000 - $1,500

Studio To 2 Bedroom Rentals

Available Now

1124 S 15th St

PhiladelphiaPA19146

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 736 North Terrace

$1,099 - $1,399

Studio To 2 Bedroom Rentals

Available Now

736 North Terrace

PhiladelphiaPA19123
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The Chancellor
$1,100 - $1,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,725
Total Monthly Price
$1,100 - $1,725
Studio to 1 Bedroom Apartments Available Mar 14

The Chancellor

206 S 13th StPhiladelphia, PA 19107
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 201 S 13th St

$1,060 - $1,795

Studio To 2 Bedroom Rentals

Available Now

201 S 13th St

PhiladelphiaPA19107
property at 1321 Spruce St

$1,200 - $1,300

Studio To 1 Bedroom Rentals

Available Now

1321 Spruce St

PhiladelphiaPA19107

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide

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property at 1201 Vine St

$1,295 - $1,595

Studio To 1 Bedroom Rentals

Available Now

1201 Vine St

PhiladelphiaPA19107
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1500 Pine
Rent Specials
$1,299 - $6,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,289 - $5,990
Required Monthly Fees
$10
Total Monthly Price
$1,299 - $6,000
Studio to 3 Bedroom Apartments Available Mar 1

1500 Pine

1500 Pine StPhiladelphia, PA 19102
Student Housing
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Philadelphia's Best Affordable Neighborhoods

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

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The Astir Callowhill
Rent Specials
$1,365 - $2,995
Total Monthly Price

Total Monthly Price

Base Rent
$1,255 - $2,885
Required Monthly Fees
$110
Total Monthly Price
$1,365 - $2,995
Studio to 2 Bedroom Apartments Available Now

The Astir Callowhill

1314 Spring Garden StPhiladelphia, PA 19123
Furnished
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property at 1245 Ridge Ave

$1,375

1 Bedroom Rentals

Available Now

1245 Ridge Ave

PhiladelphiaPA19123
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Avenir
$1,378 - $3,852
Total Monthly Price

Total Monthly Price

Base Rent
$1,353 - $3,827
Required Monthly Fees
$25
Total Monthly Price
$1,378 - $3,852
Studio to 1 Bedroom Apartments Available Now

Avenir

1515 Chestnut StPhiladelphia, PA 19102
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 130 Arch St

$1,390 - $1,635

1 Bedroom Rentals

Available Now

130 Arch St

PhiladelphiaPA19106

The Art of the Rental Viewing: What to look for during a property tour

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Market East, Philadelphia, PA Local Guide

Cheapest Available Market East Apartments for Rent

 

The cheapest available apartment rental in the Market East area of Philadelphia, PA is a 1 Bed unit found at Universal Court 1 priced from $812. Marshall Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Market East apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Universal Court 11 Bed, 1 bath1BR,1BA$812
Marshall Square ApartmentsVillage1BR,1BA$1,000
The ClaremontStudioStudio,1BA$1,075
The DrakeSTUDIOStudio,1BA$1,080
Juniper PlaceStudioStudio,1BA$1,185
Papermill Lofts237 #2IStudio,1BA$1,200
Marine ClubStudioStudio,1BA$1,210
The HamiltonS1H2Studio,1BA$1,248
The Bradford0BR/1.0BAStudio,1BA$1,250

Best Value Apartments for Rent in Market East, PA

As of February 27, 2026 the best value apartment in the Market East area is the $1.19 price per square foot 2013 Walnut St Model at 2013 Walnut St, Unit #4 in the in the Belmont neighborhood starting from $2,150. The second greatest value Market East apartment is the 3BR/2.0BA Model at The Residences starting at $2,493 with a $1.64 price per square foot in the Poplar neighborhood. Here is today’s list of the best values for Market East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2013 Walnut St, Unit #42013 Walnut St2BR,1.5BA$1.19
The Residences3BR/2.0BA3BR,2BA$1.64
WLIVING at 117 Spring Garden2 BR/2 BA2BR,2BA$1.43
1240 Lecount St, Unit A1240 Lecount St2BR,1BA$1.21
104 Chestnut St, Unit 4104 Chestnut St1BR,1BA$1.27
339 Bainbridge StTwo Bed2BR,2BA$1.48
614 N Front St1 Bed/1 Bath1BR,1BA$1.60
The Shirt Corner Apartments1BR/1.0BA1BR,1BA$1.65
Marshall Square ApartmentsVillage1BR,1BA$1.38
Universal Court 11 Bed, 1 bath1BR,1BA$1.29

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Pet Friendly Lifestyle
Market East, Philadelphia, PA

Ranked #6

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Pennsylvania and customized analysis for Central Philadelphia, PA. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Market East Apartments

What is a cheap apartment in Market East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Market East is under $1,250.

What is the price of a cheap apartment in Market East?

The cheapest apartment in Market East is Universal Court 1 which is listed at $812, while the average apartment in Market East costs $6,338.

What types of apartments are the cheapest in Market East?

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 342 regular apartments in Market East 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 Market East?

Cheap apartments in Market East have an average cost of $885 which is $5,453 cheaper than the average rent for all rentals in Market East.

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.

decorative image for Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers article

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.

decorative image for Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide article

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.

decorative image for Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life article

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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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.

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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.

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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.