Cheap Apartments for Rent in the Old City Neighborhood of Philadelphia, PA from $1,000 (45 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 29 S 2nd St

$1,400 - $1,450

1 Bedroom Rentals

Available Now

29 S 2nd St

PhiladelphiaPA19106
close
View Me
Amble
Rent Specials
$1,540 - $3,390Studio to 2 Bedroom Apartments Contact Us For Availability

Amble

40 S 2nd StPhiladelphia, PA 19106
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

Read Article
property at 200 Locust St

$1,600 - $2,450

Studio To 1 Bedroom Rentals

Available Now

200 Locust St

PhiladelphiaPA19106
property at 334 Lombard St

$1,695 - $1,725

1 Bedroom Rentals

Available Now

334 Lombard St

PhiladelphiaPA19147

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.

Read Article
close
View Me
329 Spruce St
Studio to 1 Bedroom Apartments

329 Spruce St

329 Spruce StPhiladelphia, PA 19106
  • Utilities Included
close
View Me
Bank Street Court
Studio to 2 Bedroom Apartments

Bank Street Court

24-30 S Bank StPhiladelphia, PA 19106
  • Utilities Included
close
View Me
Papermill Lofts
Studio to 2 Bedroom Apartments

Papermill Lofts

236-238 N 2nd StPhiladelphia, PA 19106
close
View Me
300 Market St
Studio Apartments

300 Market St

300 Market StPhiladelphia, PA 19106
close
View Me
Brassworks Apartments
1 Bedroom Apartments

Brassworks Apartments

231 Race StPhiladelphia, PA 19106
  • Utilities Included

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
218 Arch Street
Studio to 2 Bedroom Apartments

218 Arch Street

218 Arch StPhiladelphia, PA 19106
  • Utilities Included
close
View Me
Strawberry Court Apartments
Studio to 2 Bedroom Apartments

Strawberry Court Apartments

15 S Bank StPhiladelphia, PA 19106
Student Housing
  • Utilities Included
close
View Me
Pfeiffer House
1 Bedroom Apartments

Pfeiffer House

222-226 Race StPhiladelphia, PA 19106
  • Utilities Included
close
View Me
One Water Street
1 to 4 Bedroom Apartments

One Water Street

250 N Columbus BlvdPhiladelphia, PA 19106
Corporate Housing
  • Utilities Included

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.

Read Article
close
View Me
Waterfront I
1 to 2 Bedroom Apartments

Waterfront I

30-34 S Front StPhiladelphia, PA 19106
  • Utilities Included
close
View Me
New Street Lofts
1 Bedroom Apartments

New Street Lofts

121 New StPhiladelphia, PA 19106
close
View Me
The Berger
Studio to 2 Bedroom Apartments

The Berger

229-237 Arch StPhiladelphia, PA 19106
  • Utilities Included
close
View Me
427 Vine Street
1 Bedroom Apartments

427 Vine Street

427 Vine StPhiladelphia, PA 19106
close
View Me
257 N 3rd St
1 Bedroom Apartments

257 N 3rd St

257 N 3rd StPhiladelphia, PA 19106
  • Utilities Included
close
View Me
Crafts House
Studio to 2 Bedroom Apartments

Crafts House

51-55 N 3rd StPhiladelphia, PA 19106
  • Utilities Included
close
View Me
421 Pine St
1 to 4 Bedroom Apartments

421 Pine St

421 Pine StPhiladelphia, PA 19106
close
View Me
Bridge
Studio to 3 Bedroom Apartments

Bridge

205 Race StPhiladelphia, PA 19106

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.

Read Article
Showing Results 1-45, Page 1 of 1

Old City, Philadelphia, PA Local Guide

Cheapest Available Old City Apartments for Rent

 

The cheapest available apartment rental in the Old City area of Philadelphia, PA is a Studio unit found at Papermill Lofts priced from $1,300. Old City Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here are the most affordable Old City apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Papermill Lofts237 #1DStudio,1BA$1,300
Old City Apartments124 #401Studio,1BA$1,450
LotusStudio - Aura (13)Studio,1BA$1,514
Mariner's Court0BR/1.0BAStudio,1BA$1,571
Head House Flats0HH2Studio,1BA$1,660
The BroderickA51BR,1BA$1,725
The Chocolate Works1 Bed 1 Bath - Loft1BR,1BA$1,765
The Tannery1BR/1.0BA1BR,1BA$1,825
The Shirt Corner Apartments0BR/1.0BAStudio,1BA$1,893
The View at Old CityFront MediumStudio,1BA$1,895

Best Value Apartments for Rent in Old City, PA

As of August 08, 2026 the best value apartment in the Old City 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 Old City apartment is the 2BR/2.0BA Model at The Keystone Apartments starting at $3,495 with a $3.06 price per square foot in the Poplar neighborhood. Here is today’s list of the best values for Old City 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 Keystone Apartments2BR/2.0BA2BR,2BA$3.06
Mariner's Court0BR/1.0BAStudio ,1BA$2.02
The Tannery1BR/1.0BA1BR,1BA$2.41
The Mercantile Apartments2A-3A-4A1BR,1BA$2.65
The Chocolate Works1 Bed 1 Bath - Loft1BR,1BA$2.52
250 N Christopher Columbus Blvd250 N Christopher Columbus Blvd1BR,1BA$3.16
Old City Apartments124 #401Studio ,1BA$2.61
Head House Flats0HH2Studio ,1BA$3.02
Papermill Lofts237 #1DStudio ,1BA$2.45

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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

Pet Friendly Lifestyle
Old City, Philadelphia, PA

Ranked #78

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Old City Apartments

What is the Cheapest Studio apartment in Old City?

Currently the most affordable Cheap Studio Apartment in Old City is at Papermill Lofts listed at $1,300.

How much is rent for a Cheap One Bedroom Old City Apartment?

The lowest price for a Cheap One Bedroom Old City Apartment is $1,627 at Mariner's Court.

What is the lowest price for a Cheap Two Bedroom Old City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Old City is starting from $1,950 at Papermill Lofts.

What is the most affordable Old City Three Bedroom Apartment?

The best deal on a cheap Old City Three Bedroom Apartment rental is at Papermill Lofts and starts from $2,400.

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

decorative image for More Than a Suburb: The Best Philly-Area Towns for Renters article

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.

decorative image for Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life article

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.

decorative image for Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide article

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.

decorative image for Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers article

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.