120 Chestnut St
PhiladelphiaPA19106
Cheap Apartments for Rent in the Olde City Neighborhood of Philadelphia, PA from $1,000 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olde City area of Philadelphia.
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$1,300 - $1,500Studio to 1 Bedroom Apartments Available Now
Papermill Lofts
253-255B N 2nd StPhiladelphia, PA 19106
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$1,350 - $1,550Studio to 1 Bedroom Apartments Available Now
Old City Apartments
124 Market StPhiladelphia, PA 19106
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$1,4001 Bedroom Apartment Available Now
250 N Christopher Columbus Blvd, Unit 1401
250 N Christopher Columbus BlvdPhiladelphia, PA 19106
130 Arch St
PhiladelphiaPA19106
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$1,450 - $3,275Studio to 2 Bedroom Apartments Available Now
Head House Flats
528 S 2nd StPhiladelphia, PA 19147
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$1,490 - $3,915Studio to 2 Bedroom Apartments Available Now
The Keystone Apartments
417 Callowhill StPhiladelphia, PA 19123
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$1,499 - $5,500Studio to 2 Bedroom Apartments Available Now
Lotus
416 Vine StPhiladelphia, PA 19106
230 Arch St
PhiladelphiaPA19106
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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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$1,540 - $3,290Studio to 2 Bedroom Apartments Available Feb 28, 2026
Amble
40 S 2nd StPhiladelphia, PA 19106
510 Spruce St
PhiladelphiaPA19106
24-30-30 Bank St
PhiladelphiaPA19106
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$1,620 - $2,3791 Bedroom Apartments Available Now
The Shirt Corner Apartments
224 Church StPhiladelphia, PA 19106
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$1,621 - $2,3201 to 2 Bedroom Apartments Available Now
The Chocolate Works
231-247 N 3rd StPhiladelphia, PA 19106
315 Arch St
PhiladelphiaPA19106
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Rent Specials
$1,648 - $2,2661 to 2 Bedroom Apartments Available Now
The Lofts at 509 Vine
509 Vine StPhiladelphia, PA 19106
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224 Church St
PhiladelphiaPA19106
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$1,667 - $2,1951 to 2 Bedroom Apartments Available Now
Crafts House
51-55 N 3rd StPhiladelphia, PA 19106
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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277 S 4th St
PhiladelphiaPA19106
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$1,700 - $2,4001 to 2 Bedroom Apartments Available Now
Mariners Court Apartments
219-229 Vine StPhiladelphia, PA 19106
235 N Christopher Columbus Blvd
PhiladelphiaPA19123
319 Market St
PhiladelphiaPA19106
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Rent Specials
$1,750 - $4,645Studio to 2 Bedroom Apartments Available Now
The National
121 N 2nd StPhiladelphia, PA 19106
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$1,750 - $3,980Studio to 2 Bedroom Apartments Available Now
313 Race
313 Race StPhiladelphia, PA 19106
312 Walnut St
PhiladelphiaPA19106
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$1,769 - $9,2181 to 2 Bedroom Apartments Available Now
The Mercantile Apartments
22 N Front StPhiladelphia, PA 19106
308 Delancey St
PhiladelphiaPA19106
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.
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Philadelphia's Best Affordable Neighborhoods
Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan
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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
How much does it cost to rent an apartment in Olde City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olde City Studio Apartments | $1,791 | $1,200 | $2,910 |
| Olde City 1 Bedroom Apartments | $2,178 | $1,400 | $3,620 |
| Olde City 2 Bedroom Apartments | $3,530 | $1,500 | $8,491 |
| Olde City 3 Bedroom Apartments | $6,957 | $3,709 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 53 rentals with your search options within a 1 mile radius of the Olde City Neighborhood of Philadelphia, PA.
See all Apartments in PhiladelphiaExplore Philadelphia
Olde City, Philadelphia, PA Local Guide
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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 $1,300. Old City Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here are the most affordable Olde City apartments for rent in Philadelphia, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Papermill Lofts | 237 #1I | Studio,1BA | $1,300 |
| Old City Apartments | 124 #402 | Studio,1BA | $1,350 |
| Head House Flats | 0HH1 | Studio,1BA | $1,450 |
| The Lofts at 509 Vine | Type F | 1BR,1BA | $1,457 |
| The Keystone Apartments | 0BR/1.0BA | Studio,1BA | $1,490 |
| Lotus | Studio | Studio,1BA | $1,499 |
| 214 Vine | 02 Layout | 1BR,1BA | $1,517 |
| The Shirt Corner Apartments | 1BR/1.0BA | 1BR,1BA | $1,620 |
| The Chocolate Works | 1 Bed 1 Bath | 1BR,1BA | $1,621 |
Best Value Apartments for Rent in Olde City, PA
As of December 24, 2025 the best value apartment in the Olde City area is the $1.80 price per square foot 36 Model at Mariners Court Apartments in the in the Poplar neighborhood starting from $2,381. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mariners Court Apartments | 36 | 2BR,1BA | $1.80 |
| 104 Chestnut St, Unit 4 | 104 Chestnut St | 1BR,1BA | $1.27 |
| 101 Cuthbert St, Unit #3 | 101 Cuthbert St | 1BR,1BA | $2.26 |
| The Shirt Corner Apartments | 1BR/1.0BA | 1BR,1BA | $1.65 |
| The School House | B - Rear West Facing | 1BR,1BA | $1.91 |
| 253 Pine St, Unit 1st Floor | 253 Pine St | 1BR,1BA | $2.22 |
| Crafts House | ONE BEDROOM/BI LEVEL | 1BR,1.5BA | $1.89 |
| Waterfront II | Studio - fireplace | Studio ,1BA | $2.26 |
| The Lofts at 509 Vine | Type F | 1BR,1BA | $1.95 |
| Papermill Lofts | 121 #2B | 1BR,1BA | $2.02 |
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.
Read ArticleThe 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 ArticleCash 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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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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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 a cheap apartment in Olde City?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olde City is under $1,621.
What is the price of a cheap apartment in Olde City?
The cheapest apartment in Olde City is The Lofts at 509 Vine which is listed at $1,457, while the average apartment in Olde City costs $4,500.
What types of apartments are the cheapest in Olde City?
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 39 regular apartments in Olde City 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 Olde City?
Cheap apartments in Olde City have an average cost of $287 which is $4,213 cheaper than the average rent for all rentals in Olde City.
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
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.
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.
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.
Articles, How-To's, and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.