Cheap Apartments for Rent in the Market East Neighborhood of Philadelphia, PA from $750 (291 Rentals)

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

property at 722 North Terrace

$1,150 - $1,699

Studio To 3 Bedroom Rentals

Available Sep 10

722 North Terrace

PhiladelphiaPA19123

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property at 639 N 12th St

$1,325 - $1,390

2 Bedroom Rentals

Available Now

639 N 12th St

PhiladelphiaPA19123

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property at 245 N 12th St

$1,328 - $1,420

Studio To 2 Bedroom Rentals

Available Now

245 N 12th St

PhiladelphiaPA19107
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1314 Walnut St, Unit 3R
$1,425
Total Monthly Price

Total Monthly Price

Base Rent
$1,425
Total Monthly Price
$1,425
1 Bedroom Apartment Available Now

1314 Walnut St, Unit 3R

1314 Walnut StPhiladelphia, PA 19107
Affordability
property at 689 N Broad St

$1,440 - $1,511

1 Bedroom Rentals

Available Now

689 N Broad St

PhiladelphiaPA19123

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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Lincoln Square
Rent Specials
$1,497 - $5,706
Total Monthly Price

Total Monthly Price

Base Rent
$1,497 - $5,706
Total Monthly Price
$1,497 - $5,706
Studio to 3 Bedroom Apartments Available Now

Lincoln Square

1000 S Broad StPhiladelphia, PA 19146
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property at 2006 Chestnut St

$1,500 - $2,950

Studio To 2 Bedroom Rentals

Available Now

2006 Chestnut St

PhiladelphiaPA19103

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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 Studio unit found at 1606-1608 Locust St priced from $865. 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
1606-1608 Locust StEfficiencyStudio,1BA$865
Marshall Square ApartmentsVillage1BR,1BA$1,000
The Lenox Condos0 Beds, 1 BathsStudio,1BA$1,175
LVL NorthA1Studio,1BA$1,271
Marine ClubStudioStudio,1BA$1,291
The Conduit on 2ndStudioStudio,1BA$1,295
Papermill Lofts253 #4CStudio,1BA$1,300
1131 Spruce St0BR/1.0BAStudio,1BA$1,350

Best Value Apartments for Rent in Market East, PA

As of September 01, 2026 the best value apartment in the Market East area is the $1.13 price per square foot 4 S Front St Model at 4 S Front St, Unit 4 in the in the Center City neighborhood starting from $2,250. The second greatest value Market East apartment is the 602 Model at The Chatham starting at $2,250 with a $1.80 price per square foot in the Belmont 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.
4 S Front St, Unit 44 S Front St2BR,2BA$1.13
The Chatham6022BR,1BA$1.80
WLIVING at 117 Spring Garden2 BR/2 BA2BR,2BA$1.66
Universal Court 13 Bed 2.5 Bath3BR,2.5BA$1.25
639 N 12th St639 N 12th St2BR,1.5BA$1.33
614 N Front St1 Bed/1 Bath1BR,1BA$1.64
Waverly Court / Keppoch House1BR/1.0BA1BR,1BA$2.00
Marshall Square ApartmentsVillage1BR,1BA$1.38
1430 South Street1BR/1.0BA1BR,1BA$1.96
205 N 11th St, Unit 2FL205 N 11th StStudio ,1BA$1.93

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

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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
Market East, Philadelphia, PA

Ranked #5

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 $1,350.

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

The cheapest apartment in Market East is Marshall Square Apartments which is listed at $1,000, while the average apartment in Market East costs $2,321.

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 306 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 $583 which is $1,738 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.

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