Cheap Apartments for Rent in the Olde Kensington Neighborhood of Philadelphia, PA from $500 (160 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 2536 Amber St

$895 - $985

Studio Rentals

Available Now

2536 Amber St

PhiladelphiaPA19125
property at 2200 N 11th St

$900

1 To 4 Bedroom Rentals

Available Now

2200 N 11th St

PhiladelphiaPA19133

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.

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.

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.

property at 736 North Terrace

$1,199 - $1,399

Studio To 2 Bedroom Rentals

Available Feb 10, 2026

736 North Terrace

PhiladelphiaPA19123

Philadelphia's Best Affordable Neighborhoods

Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

property at 1401 N 5th St

$1,155 - $2,106

Studio To 2 Bedroom Rentals

Available Now

1401 N 5th St

PhiladelphiaPA19122
property at 1401-25 N 5th St

$1,290 - $1,982

Studio To 2 Bedroom Rentals

Available Now

1401-25 N 5th St

PhiladelphiaPA19122

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 Kensington, Philadelphia, PA Local Guide

Cheapest Available Olde Kensington Apartments for Rent

 

The cheapest available apartment rental in the Olde Kensington area of Philadelphia, PA is a 3 Beds unit found at The View at Montgomery priced from $799. Temple Crossing has the second lowest priced unit, which is a 4 Beds apartment currently listed from $799. Here are the most affordable Olde Kensington apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
The View at Montgomery3BR/2BA3BR,2BA$799
Temple CrossingFantastic Location Near Temple University4BR,2BA$799
Marshall Square ApartmentsVillage1BR,1BA$1,000
Harbisons DairyStudio | 1 BathStudio,1BA$1,050
The Frankford GrandStudioStudio,1BA$1,050
Gotham NorthStudioStudio,1BA$1,100
The GothamStudioStudio,1BA$1,100
1201 W Girard AveUNIT TYPE A1BR,1BA$1,125
The Parkside FishtownStudioStudio,1BA$1,150
Fishtown Flats 1StudioStudio,1BA$1,150

Best Value Apartments for Rent in Olde Kensington, PA

As of December 25, 2025 the best value apartment in the Olde Kensington area is the $1.04 price per square foot 3 bedroom Model at 944 N Marshall St in the in the Poplar neighborhood starting from $2,600. The second greatest value Olde Kensington apartment is the 1337 N Franklin St Model at 1337 N Franklin St, Unit 1 starting at $2,450 with a $1.36 price per square foot in the Poplar neighborhood. Here is today’s list of the best values for Olde Kensington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
944 N Marshall St3 bedroom3BR,3.5BA$1.04
1337 N Franklin St, Unit 11337 N Franklin St3BR,3BA$1.36
954 N 8th St, Unit 1st floor954 N 8th StStudio ,1BA$1.09
Sky Park Apartments#103BR,2.5BA$1.43
WLIVING at 117 Spring Garden2 BR/2 BA2BR,2BA$1.43
The Becker Building2BR/2.0BA2BR,2BA$1.36
860 N 3rd St, Unit 1 Bed860 N 3rd St1BR,1BA$1.33
2059 Germantown Ave, Unit 12059 Germantown Ave2BR,2BA$1.50
Temple CrossingFantastic Location Near Temple University (2x2 ...4BR,2BA$0.99
Marshall Square ApartmentsVillage1BR,1BA$1.38

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.

Read Article
Decorative image

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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Olde Kensington, Philadelphia, PA

Ranked #9

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Pennsylvania, including Philadelphia. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Olde Kensington Apartments

What is a cheap apartment in Olde Kensington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olde Kensington is under $1,150.

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

The cheapest apartment in Olde Kensington is Marshall Square Apartments which is listed at $1,000, while the average apartment in Olde Kensington costs $2,500.

What types of apartments are the cheapest in Olde Kensington?

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 137 regular apartments in Olde Kensington 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 Kensington?

Cheap apartments in Olde Kensington have an average cost of $451 which is $2,049 cheaper than the average rent for all rentals in Olde Kensington.

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

decorative image for A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia article

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.

decorative image for Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers article

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.

decorative image for Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide article

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

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!