Cheap Apartments for Rent in the Olde City Neighborhood of Philadelphia, PA from $1,000 (66 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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224 Arch St
$1,305 - $2,855
Total Monthly Price

Total Monthly Price

Base Rent
$1,305 - $2,855

Total Monthly Price
$1,305 - $2,855
Studio to 2 Bedroom Apartment Available Jun 30

224 Arch St

224 Arch StPhiladelphia, PA 19106
Affordability
property at 413 Pine St

$1,425 - $1,450

1 Bedroom Rentals

Available Aug 1

413 Pine St

PhiladelphiaPA19106
property at 29 S 2nd St

$1,500 - $1,600

1 Bedroom Rentals

Available Jul 1

29 S 2nd St

PhiladelphiaPA19106
property at 210 Locust St

$1,575 - $2,100

Studio To 1 Bedroom Rentals

Available Now

210 Locust St

PhiladelphiaPA19106

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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28 S Strawberry St, Unit #2
$1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600
1 Bedroom Apartment Available Now

28 S Strawberry St, Unit #2

28 S Strawberry StPhiladelphia, PA 19106
Affordability
property at 200 Locust St

$1,635 - $2,495

Studio To 1 Bedroom Rentals

Available Now

200 Locust St

PhiladelphiaPA19106
property at 220 Locust St

$1,600 - $2,750

Studio To 1 Bedroom Rentals

Available Now

220 Locust St

PhiladelphiaPA19106

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 - $1,950

Studio To 1 Bedroom Rentals

Available Now

24-30-30 Bank St

PhiladelphiaPA19106
property at 102 Church St

$1,815

1 Bedroom Rentals

Available Now

102 Church St

PhiladelphiaPA19106
property at 125 N 4th St

$1,855 - $1,935

Total Monthly Price

Total Monthly Price

Base Rent
$1,855 - $1,935

Total Monthly Price
$1,855 - $1,935

1 Bedroom, 1 Bath Condo for Rent

Available Jul 17

125 N 4th St

PhiladelphiaPA19106

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.

property at 241 S 6th St

$1,875 - $2,500

Studio To 1 Bedroom Rentals

Available Now

241 S 6th St

PhiladelphiaPA19106
property at 200 Locust St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

200 Locust St, Unit 6CN

200 Locust St
PhiladelphiaPA19106
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329 Spruce St
Studio to 1 Bedroom Apartments

329 Spruce St

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

Bank Street Court

24-30 S Bank StPhiladelphia, PA 19106
  • Utilities Included

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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Papermill Lofts
Studio to 2 Bedroom Apartments

Papermill Lofts

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

300 Market St

300 Market StPhiladelphia, PA 19106
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Brassworks Apartments
1 Bedroom Apartments

Brassworks Apartments

231 Race StPhiladelphia, PA 19106
  • Utilities Included
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The View at Old City
Studio to 2 Bedroom Apartments

The View at Old City

401 Race StPhiladelphia, PA 19106
Student Housing
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218 Arch Street
Studio to 2 Bedroom Apartments

218 Arch Street

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

Strawberry Court Apartments

15 S Bank StPhiladelphia, PA 19106
Student 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.

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 Old City Apartments priced from $1,300. Papermill Lofts 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 ListingModel NameBed/BathPriced From
Old City Apartments124 #201Studio,1BA$1,300
Papermill Lofts237 #1DStudio,1BA$1,350
The Shirt Corner Apartments0BR/1.0BAStudio,1BA$1,421
LotusStudioStudio,1BA$1,499
The Keystone Apartments0BR/1.0BAStudio,1BA$1,640
The Lofts at 509 VineType F1BR,1BA$1,685
Mariner's Court1BR/1.0BA1BR,1BA$1,700
The Chocolate Works1 Bed 1 Bath - Loft1BR,1BA$1,765
The Ledger Residences0BR/1.0BAStudio,1BA$1,795

Best Value Apartments for Rent in Olde City, PA

As of June 17, 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 3BR/2.0BA Model at Mariner's Court starting at $3,250 with a $1.91 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
Mariner's Court3BR/2.0BA3BR,2BA$1.91
Waterfront II2 Bed 1 Bath - fireplace2BR,1BA$1.64
308 York Ave, Unit Apartment #2308 York Ave2BR,2BA$1.57
The Mercantile Apartments1F-1G-1H2BR,2BA$2.02
The Tannery2BR/2.0BA2BR,2BA$2.19
The School HouseB - Rear West Facing1BR,1BA$2.17
28 S Strawberry St, Unit #228 S Strawberry St1BR,1BA$1.78
The Chocolate Works1 Bed 1 Bath1BR,1BA$2.33
The Lofts at 509 VineType F1BR,1BA$2.26

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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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 the Cheapest Studio apartment in Olde City?

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

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 Papermill Lofts.

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 $2,100 at Mariner's Court.

What is the most affordable Olde City Three Bedroom Apartment?

The best deal on a cheap Olde City Three Bedroom Apartment rental is at Mariner's Court and starts from $3,250.

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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