Cheap Homes for Rent in Market East Neighborhood of Philadelphia, PA from $800 (179 Rentals)

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

property at 1324 Locust St

1324 Locust St

PhiladelphiaPA19107
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.

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property at 120 Chestnut St

120 Chestnut St

PhiladelphiaPA19106
property at 50 S 2nd St

50 S 2nd St

PhiladelphiaPA19106
property at 224 N 13th St

224 N 13th St

PhiladelphiaPA19107

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.

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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.

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property at 928 Race St

928 Race St, Unit 4A

928 Race St
PhiladelphiaPA19107

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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. Juniper Place 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
Juniper PlaceStudioStudio,1BA$950
The ClaremontStudioStudio,1BA$950
1606-1608 Locust StStudio - 2nd FloorStudio,1BA$950
1501 Locust St Residential0BR/1.0BAStudio,1BA$1,000
1919 Spring Garden Street1 Bedroom1BR,1BA$1,000
Spruce TowerHeritage -07Studio,1BA$1,050
Ronan FlatsD1Studio,1BA$1,204
The DrakeSFStudio,1BA$1,286

Best Value Apartments for Rent in Market East, PA

As of June 26, 2025 the best value apartment in the Market East area is the $0.80 price per square foot 10 S Front St Model at 10 S Front St, Unit 3 in the in the Center City neighborhood starting from $2,000. The second greatest value Market East apartment is the 421 Fairmount Ave Model at 421 Fairmount Ave, Unit 2 starting at $1,850 with a $1.16 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.
10 S Front St, Unit 310 S Front St2BR,2BA$0.80
421 Fairmount Ave, Unit 2421 Fairmount Ave2BR,1BA$1.16
Mariners Court Apartments362BR,1BA$1.80
The Homes at Chapel Lofts1BR/1.0BA1BR,1BA$1.87
28 S Strawberry St, Unit #228 S Strawberry St1BR,1BA$1.67
Four Forty North Front LLC1BR/1.0BA1BR,1BA$2.00
614 N Front St1 Bed/1 Bath1BR,1BA$1.97
628 N 11th St, Unit 1628 N 11th St2BR,1BA$1.74
339 Bainbridge StOne Bed1BR,1BA$1.94
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.

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Frequently Asked Questions about Market East

What type of rentals are currently available in Market East?

There are currently 1903 Apartments for Rent in Market East, PA with pricing that ranges from $680 to $21,950. There are also 627 Single Family Homes for rent, Condos, and Townhome rentals currently available in Market East ranging from $825 to $17,901.

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 $825 to $17,901 with an average monthly rent of $3,828.

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 $17,810, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $17,901. Four Bedroom Single-Family rentals are also available starting from $2,873 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 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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.