Cheap Studio Apartments for Rent in the Market East Neighborhood of Philadelphia, PA from $865 (121 Rentals)

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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.

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property at 245 N 12th St

$1,328 - $1,420

Studio Rentals

Available Now

245 N 12th St

PhiladelphiaPA19107

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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Lincoln Square
Rent Specials
$1,497 - $2,671
Total Monthly Price

Total Monthly Price

Base Rent
$1,497 - $5,706
Total Monthly Price
$1,497 - $5,706
Studio Apartments Available Sep 8

Lincoln Square

1000 S Broad StPhiladelphia, PA 19146
Corporate Housing
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  • Customer Reviewed
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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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The Hannah
Rent Specials
$1,524 - $1,624
Total Monthly Price

Total Monthly Price

Base Rent
$1,585 - $2,628
Total Monthly Price
Varies
Studio Apartments Available Now

The Hannah

1306 Callowhill StPhiladelphia, PA 19123
Transit Friendly
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The Noble
$1,529 - $1,614
Total Monthly Price

Total Monthly Price

Base Rent
$1,529 - $4,033
Total Monthly Price
Varies
Studio Apartments Contact Us For Availability

The Noble

200 Spring Garden StPhiladelphia, PA 19123
Transit Friendly
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Broad + Noble
Rent Specials
$1,575 - $1,989
Total Monthly Price

Total Monthly Price

Base Rent
$1,652 - $4,442
Total Monthly Price
$1,652 - $4,442
Studio Apartments Available Sep 11

Broad + Noble

435 N Broad StPhiladelphia, PA 19123
Corporate Housing
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property at 200 Locust St

$1,600 - $2,450

Studio Rentals

Available Now

200 Locust St

PhiladelphiaPA19106

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 Carson
Rent Specials
$1,630 - $2,423
Total Monthly Price

Total Monthly Price

Base Rent
$1,640 - $3,960
Total Monthly Price
$1,640 - $3,960
Studio Apartments Available Now

The Carson

570 N 5th StPhiladelphia, PA 19123
Luxury
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Goldtex
$1,630 - $1,935
Total Monthly Price

Total Monthly Price

Base Rent
$1,640 - $7,105
Total Monthly Price
Varies
Studio Apartments Available Now

Goldtex

315 N 12th StPhiladelphia, PA 19107
Student Housing
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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.

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Market East, Philadelphia, PA Local Guide

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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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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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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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 1606-1608 Locust St which is listed at $865, 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.

Helpful Local Expert Guides

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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.

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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.

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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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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

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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.

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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.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.