Cheap Homes for Rent in Market East Neighborhood of Philadelphia, PA from $700 (159 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 619 N 11th St

619 N 11th St

PhiladelphiaPA19123
property at 120 Chestnut St

120 Chestnut St

PhiladelphiaPA19106
property at 120 Chestnut St

120 Chestnut St

PhiladelphiaPA19106

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article

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.

Read Article
property at 42 S 15th St

42 S 15th St

PhiladelphiaPA19102

Philadelphia's Best Affordable Neighborhoods

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

Read Article
property at 42 S 15th St

42 S 15th St

PhiladelphiaPA19102
property at 42 S 15th St

42 S 15th St

PhiladelphiaPA19102
property at 450 N 18th St

450 N 18th St

PhiladelphiaPA19130

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
property at 450 N 18th St

450 N 18th St

PhiladelphiaPA19130
property at 50 S 2nd St

50 S 2nd St

PhiladelphiaPA19106
property at 1223-25 Wood St

1223-25 Wood St

PhiladelphiaPA19107

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
property at 1241 Vine St

1241 Vine St

PhiladelphiaPA19107
Showing Results 1-50, Page 1 of 4

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. The Claremont has the second lowest priced unit, which is a Studio apartment currently listed from $950. 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
The ClaremontStudioStudio,1BA$950
1501 Locust St Residential0BR/1.0BAStudio,1BA$1,000
Marshall Square ApartmentsVillage1BR,1BA$1,000
Juniper PlaceStudioStudio,1BA$1,025
Spruce TowerHeritage -07Studio,1BA$1,050
Ronan FlatsD1Studio,1BA$1,204
The DrakeSEStudio,1BA$1,211

Best Value Apartments for Rent in Market East, PA

As of July 30, 2025 the best value apartment in the Market East area is the $1.14 price per square foot 3BR/2.5BA Model at The Homes at Chapel Lofts in the in the Poplar neighborhood starting from $2,900. The second greatest value Market East apartment is the 808 N 2nd St Model at 808 N 2nd St, Unit 402 starting at $3,450 with a $1.50 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.
The Homes at Chapel Lofts3BR/2.5BA3BR,2.5BA$1.14
808 N 2nd St, Unit 402808 N 2nd St3BR,2.5BA$1.50
1014 S 19th St, Unit A1014 S 19th St3BR,2BA$1.80
Tower PlaceAstor2BR,2BA$1.90
706 Christian St, Unit 2706 Christian St1BR,1BA$1.75
622 N 2nd St2041BR,1BA$1.68
Lofts 6401BR A Platform1BR,1BA$1.83
Mariners Court Apartments081BR,1BA$1.88
Marshall Square ApartmentsVillage1BR,1BA$1.38
Universal Court 11 Bed, 1 bath1BR,1BA$1.29

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Market East

What type of rentals are currently available in Market East?

There are currently 1881 Apartments for Rent in Market East, PA with pricing that ranges from $812 to $29,970. There are also 625 Single Family Homes for rent, Condos, and Townhome rentals currently available in Market East ranging from $735 to $17,809.

What is the current price range for Rental Homes in Market East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Market East ranges from $735 to $17,809 with an average monthly rent of $4,006.

How much are larger Three and Four Bedroom Rentals in Market East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Market East range from $1,119 to $21,778, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $17,809. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $1,241.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia article

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

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.