Cheap Apartments for Rent in the Naval Square Neighborhood of Philadelphia, PA from $400 (147 Rentals)

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

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Chestnut Hall
Rent Specials
$1,096 - $1,859
Total Monthly Price

Total Monthly Price

Base Rent
$1,096 - $1,859
Total Monthly Price
$1,096 - $1,859
Studio to 2 Bedroom Apartments Available Now

Chestnut Hall

3900 Chestnut StPhiladelphia, PA 19104
Affordability
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property at 1324 Locust St

$965 - $2,400

Studio To 2 Bedroom Rentals

Available Now

1324 Locust St

PhiladelphiaPA19107
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2708 Federal St
$1,250 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,750
Total Monthly Price
$1,250 - $1,750
1 to 2 Bedroom Apartment Available Now

2708 Federal St

2708 Federal StPhiladelphia, PA 19146
Affordability

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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2706 Federal St, Unit 2
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250
1 Bedroom Apartment Available Now

2706 Federal St, Unit 2

2706 Federal StPhiladelphia, PA 19146
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1622 Bainbridge St, Unit 3F
$1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295
1 Bedroom Apartment Available Now

1622 Bainbridge St, Unit 3F

1622 Bainbridge StPhiladelphia, PA 19146
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property at 2127 Tasker St

$1,300

2 Bedroom Rentals

Available Now

2127 Tasker St

PhiladelphiaPA19112
property at 2101 Chestnut St

$1,200 - $2,350

Studio To 2 Bedroom Rentals

Available Now

2101 Chestnut St

PhiladelphiaPA19103

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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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.

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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 1701 Locust St

$1,495 - $7,250

Studio To 3 Bedroom Rentals

Available Now

1701 Locust St

PhiladelphiaPA19103

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Naval Square, Philadelphia, PA Local Guide

Cheapest Available Naval Square Apartments for Rent

 

The cheapest available apartment rental in the Naval Square area of Philadelphia, PA is a Studio unit found at 1606-1608 Locust St priced from $865. The Newport has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable Naval Square apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
1606-1608 Locust StEfficiencyStudio,1BA$865
The NewportStudioStudio,1BA$1,100
Chestnut HallThe CollegiateStudio,1BA$1,232
The DrakeSTUDIOStudio,1BA$1,250
Roosevelt ApartmentsStudio | ClassicStudio,1BA$1,295
Herringbone LoftsA2Studio,1BA$1,295

Best Value Apartments for Rent in Naval Square, PA

As of June 12, 2026 the best value apartment in the Naval Square area is the $1.80 price per square foot 602 Model at The Chatham in the in the Belmont neighborhood starting from $2,250. The second greatest value Naval Square apartment is the 2BD/2BA Model at 1501 Locust St Residential starting at $2,700 with a $2.23 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Naval Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Chatham6022BR,1BA$1.80
1501 Locust St Residential2BD/2BA2BR,2BA$2.23
Universal Court 13 Bed 2.5 Bath3BR,2.5BA$1.25
2708 Federal St2708 Federal St2BR,1BA$1.59
1109 S 23rd St, Unit 1st floor1109 S 23rd St2BR,1BA$1.75
2706 Federal St, Unit Unit 22706 Federal St1BR,1BA$1.32
1629 S 22nd St, Unit 31629 S 22nd St2BR,1BA$2.08
1938 South St, Unit C1938 South St2BR,1BA$2.30
1430 South Street1BR/1.0BA1BR,1BA$1.96
Herringbone LoftsA2Studio ,1BA$2.35

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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Pet Friendly Lifestyle
Naval Square, Philadelphia, PA

Ranked #28

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Naval Square, Philadelphia, PA

School data provided by Great Schools

Lifestyle Ratings

Our team is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Pennsylvania, including Philadelphia. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Naval Square Apartments

What is a cheap apartment in Naval Square?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Naval Square is under $1,295.

What is the price of a cheap apartment in Naval Square?

The cheapest apartment in Naval Square is The Howell which is listed at $1,367, while the average apartment in Naval Square costs $5,750.

What types of apartments are the cheapest in Naval Square?

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 64 regular apartments in Naval Square 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 Naval Square?

Cheap apartments in Naval Square have an average cost of $707 which is $5,043 cheaper than the average rent for all rentals in Naval Square.

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.

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Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers

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Philadelphia is a city of neighborhoods. Those who live here take great pride in our specific corners of the city.

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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.