Cheap Apartments for Rent in the Olde City Neighborhood of Philadelphia, PA from $800 (271 Rentals)

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

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905 Arch St
$950 - $2,450
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$950 - $2,450
Total Monthly Price
$950 - $2,450
Studio to 4 Bedroom Apartment Available Now

905 Arch St

905 Arch StPhiladelphia, PA 19107
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property at 1222 Ridge Ave

$1,195 - $1,849

Studio To 2 Bedroom Rentals

Available Now

1222 Ridge Ave

PhiladelphiaPA19123

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property at 1218 Walnut St

$1,240 - $1,740

Studio To 1 Bedroom Rentals

Available Now

1218 Walnut St

PhiladelphiaPA19107

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

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property at 336 Lombard St

$1,300 - $1,325

Studio Rentals

Available Now

336 Lombard St

PhiladelphiaPA19147

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The Hannah
Rent Specials
$1,367 - $3,196
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$1,367 - $3,196
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Studio to 2 Bedroom Apartments Available Now

The Hannah

1306 Callowhill StPhiladelphia, PA 19123
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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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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 1 Bed unit found at Marshall Square Apartments priced from $1,000. Juniper Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable Olde City apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Marshall Square ApartmentsVillage1BR,1BA$1,000
Juniper PlaceStudioStudio,1BA$1,075
The ClaremontStudioStudio,1BA$1,075
The Lenox Condos0 Beds, 1 BathsStudio,1BA$1,250
One CityResidence - A1Studio,1BA$1,290
The Conduit on 2ndStudioStudio,1BA$1,295
Papermill Lofts237 #1DStudio,1BA$1,300

Best Value Apartments for Rent in Olde City, PA

As of August 01, 2026 the best value apartment in the Olde 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 Olde City apartment is the 944 New Market St Model at 944 New Market St, Unit 2 starting at $2,700 with a $1.59 price per square foot in the Poplar 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.
4 S Front St, Unit 44 S Front St2BR,2BA$1.13
944 New Market St, Unit 2944 New Market St2BR,2BA$1.59
Waterfront II2 Bed 1 Bath - fireplace2BR,1BA$1.64
Residences at 1 BrownWest Tower 22BR,2BA$1.89
WLIVING at 117 Spring Garden2 BR/2 BA2BR,2BA$1.66
614 N Front St1 Bed/1 Bath1BR,1BA$1.64
Marshall Square ApartmentsVillage1BR,1BA$1.38
1430 South Street1BR/1.0BA1BR,1BA$1.96
205 N 11th St, Unit 2FL205 N 11th StStudio ,1BA$1.93
1234 Lecount St, Unit B1234 Lecount St1BR,1BA$1.99

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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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 $1,300.

What is the price of a cheap apartment in Olde City?

The cheapest apartment in Olde City is Marshall Square Apartments which is listed at $1,000, while the average apartment in Olde City costs $2,327.

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 315 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 $719 which is $1,608 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.

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