
Cheap Homes for Rent in Olde City Neighborhood of Philadelphia, PA from $1,200 (7 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

125 N 4th St, Unit 404

105 S 2nd St, Unit 1ST FLOOR

336 Lombard St

315 Arch 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 | $3,429 | $1,995 | $7,350 |
Olde City 4 Bedroom Homes for Rent | $8,500 | $8,500 | $8,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 $1,100. The Shirt Corner Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,421. 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 | $1,100 |
The Shirt Corner Apartments | 0BR/1.0BA | Studio,1BA | $1,421 |
Lotus | Studio | Studio,1BA | $1,499 |
Best Value Apartments for Rent in Olde City, PA
As of September 14, 2025 the best value apartment in the Olde City area is the $1.87 price per square foot 1F-1G-1H Model at The Mercantile Apartments in the in the Center City neighborhood starting from $2,585. The second greatest value Olde City apartment is the 319 Market St Model at 319 Market St, Unit #3 starting at $2,700 with a $2.25 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. |
---|---|---|---|
The Mercantile Apartments | 1F-1G-1H | 2BR,2BA | $1.87 |
319 Market St, Unit #3 | 319 Market St | 3BR,2BA | $2.25 |
The School House | B - Rear West Facing | 1BR,1BA | $1.96 |
Waterfront II | 1 Bed 1 Bath - fireplace | 1BR,1BA | $2.11 |
Mariners Court Apartments | 08 | 1BR,1BA | $1.88 |
214 Vine | 1BR/2.0BA | 1BR,2BA | $2.63 |
Papermill Lofts | 121 #4C | 1BR,1BA | $2.01 |
Old City Apartments | 118 #402 | 1BR,1BA | $2.44 |
The Chocolate Works | 1 Bed 1 Bath - Loft | 1BR,1BA | $2.36 |
The Shirt Corner Apartments | 0BR/1.0BA | Studio ,1BA | $2.85 |
Frequently Asked Questions about Olde City
What type of rentals are currently available in Olde City?
There are currently 297 Apartments for Rent in Olde City, PA with pricing that ranges from $1,100 to $11,028. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olde City ranging from $1,200 to $8,500.
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 $8,500 with an average monthly rent of $4,029.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.