
Cheap Homes for Rent in Olde City Neighborhood of Philadelphia, PA from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Olde City area of Philadelphia.


120 Chestnut St

50 S 2nd St

105 S 2nd St

250 N Christopher Columbus Blvd, Unit 208

12 S Letitia St, Unit 204

315 Arch St

241 S 6th St, Unit 209

336 Lombard St
Olde City, Philadelphia, PA Local Guide

How much does it cost to rent a home in Olde City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Olde City 2 Bedroom Homes for Rent | $3,651 | $2,395 | $7,350 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Olde City Neighborhood of Philadelphia, PA.
Explore Philadelphia
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 $1,450. Old City Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here are the most affordable Olde City apartments for rent in Philadelphia, PA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Papermill Lofts | 236 #2A | Studio,1BA | $1,450 |
Old City Apartments | 118 #304 | Studio,1BA | $1,450 |
The Shirt Corner Apartments | 0BR/1.0BA | Studio,1BA | $1,472 |
Best Value Apartments for Rent in Olde City, PA
As of July 28, 2025 the best value apartment in the Olde City area is the $2.11 price per square foot 1F-1G-1H Model at The Mercantile Apartments in the in the Center City neighborhood starting from $2,914. The second greatest value Olde City apartment is the 2BR/2.0BA Model at The Keystone Apartments starting at $4,070 with a $3.56 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Mercantile Apartments | 1F-1G-1H | 2BR,2BA | $2.11 |
The Keystone Apartments | 2BR/2.0BA | 2BR,2BA | $3.56 |
313 Race | Race W | 2BR,2BA | $2.95 |
Mariners Court Apartments | 08 | 1BR,1BA | $1.88 |
The Lofts at 509 Vine | Type C | 1BR,1BA | $2.37 |
Waterfront II | Studio - fireplace | Studio ,1BA | $2.09 |
Papermill Lofts | 121 #3B | 1BR,1BA | $2.29 |
The Chocolate Works | 1Bed 1Bath Loft | 1BR,1BA | $2.48 |
Old City Apartments | 118 #304 | Studio ,1BA | $2.87 |
The Shirt Corner Apartments | 0BR/1.0BA | Studio ,1BA | $2.95 |
Frequently Asked Questions about Olde City
What type of rentals are currently available in Olde City?
There are currently 290 Apartments for Rent in Olde City, PA with pricing that ranges from $1,200 to $10,495. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olde City ranging from $1,200 to $7,350.
What is the current price range for Rental Homes in Olde City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Olde City ranges from $1,200 to $7,350 with an average monthly rent of $2,424.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.