Cheap Apartments for Rent in the Olde City Neighborhood of Philadelphia, PA from $1,000 (51 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 130 Arch St

$1,390 - $1,635

1 Bedroom Rentals

Available Now

130 Arch St

PhiladelphiaPA19106
close
View Me
Lotus
$1,499 - $5,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,434 - $5,435
Required Monthly Fees
$65

Total Monthly Price
$1,499 - $5,500
Studio to 2 Bedroom Apartments Available Now

Lotus

416 Vine StPhiladelphia, PA 19106
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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.

property at 24-30-30 Bank St

$1,500 - $1,750

Studio To 1 Bedroom Rentals

Available Now

24-30-30 Bank St

PhiladelphiaPA19106
property at 200 Locust St

$1,575 - $2,295

Studio To 1 Bedroom Rentals

Available Now

200 Locust 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.

property at 200 Lombard St

$1,750 - $1,900

1 Bedroom Rentals

Available Now

200 Lombard St

PhiladelphiaPA19147
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

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.

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
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

Philadelphia's Best Affordable Neighborhoods

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

close
View Me
The View at Old City
Studio to 2 Bedroom Apartments

The View at Old City

401 Race StPhiladelphia, PA 19106
Student Housing
close
View Me
Waterfront II
Studio to 3 Bedroom Apartments

Waterfront II

106 S Front StPhiladelphia, PA 19106
  • Utilities Included
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
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
One Water Street
1 to 4 Bedroom Apartments

One Water Street

250 N Columbus BlvdPhiladelphia, PA 19106
Corporate Housing
  • Utilities Included
close
View Me
421 Pine St
1 to 4 Bedroom Apartments

421 Pine St

421 Pine StPhiladelphia, PA 19106

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.

Olde City, Philadelphia, PA Local Guide

Cheapest Available Olde City Apartments for Rent

 

The cheapest available apartment rental in the Olde City area of Philadelphia, PA is a Studio unit found at Papermill Lofts priced from $1,200. Old City Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable Olde City apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Papermill Lofts237 #2IStudio,1BA$1,200
Old City Apartments118 #401Studio,1BA$1,400
400 Market FlatsType F StudioStudio,1BA$1,407
Head House Flats0HH1Studio,1BA$1,450
LotusStudioStudio,1BA$1,499
Mariners Court Apartments341BR,1BA$1,500
The View at Old CitySwanson SmallStudio,1BA$1,599
Waterfront IIStudio - fireplaceStudio,1BA$1,600
The Shirt Corner Apartments1BR/1.0BA1BR,1BA$1,620

Best Value Apartments for Rent in Olde City, PA

As of February 22, 2026 the best value apartment in the Olde City area is the $1.77 price per square foot 43 Model at Mariners Court Apartments in the in the Poplar neighborhood starting from $2,350. The second greatest value Olde City apartment is the 104 Chestnut St Model at 104 Chestnut St, Unit 4 starting at $1,650 with a $1.27 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Olde City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners Court Apartments432BR,1BA$1.77
104 Chestnut St, Unit 4104 Chestnut St1BR,1BA$1.27
The Shirt Corner Apartments1BR/1.0BA1BR,1BA$1.65
Crafts HouseONE BEDROOM/BI LEVEL1BR,1.5BA$1.89
Waterfront IIStudio - fireplaceStudio ,1BA$2.13
The Lofts at 509 VineType F1BR,1BA$2.28
Papermill Lofts121 #4B1BR,1BA$2.09
The Mercantile Apartments2A-3A-4A1BR,1BA$2.45
The Chocolate Works1 Bed 1 Bath - Loft1BR,1BA$2.36
Old City Apartments118 #2041BR,1BA$2.23

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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
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

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Philadelphia. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Olde City Apartments

What is the Cheapest Studio apartment in Olde City?

Currently the most affordable Cheap Studio Apartment in Olde City is at Papermill Lofts listed at $1,200.

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

The lowest price for a Cheap One Bedroom Olde City Apartment is $1,450 at Old City Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Olde City is starting from $2,299 at The Mercantile Apartments.

What is the most affordable Olde City Three Bedroom Apartment?

The best deal on a cheap Olde City Three Bedroom Apartment rental is at The Ryland and starts from $10,945.

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 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 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.

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 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.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.