Cheap Apartments for Rent in the Olde Kensington Neighborhood of Philadelphia, PA from $500 (244 Rentals)

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

property at 2200 N 11th St

2200 N 11th St

PhiladelphiaPA19133
property at 1109 Wallace St

1109 Wallace St

PhiladelphiaPA19123

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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property at 1141 N Front St

1141 N Front St

PhiladelphiaPA19123
property at 2000 N 2nd St

2000 N 2nd 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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 958 N 2nd St

958 N 2nd St

PhiladelphiaPA19123

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 1935 N 2nd St

1935 N 2nd St

PhiladelphiaPA19122
property at 2000 Dreer St

2000 Dreer St

PhiladelphiaPA19125
Showing Results 1-50, Page 1 of 5

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 4 Beds unit found at Temple Crossing priced from $620. The View at Montgomery has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here are the most affordable Olde Kensington apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Temple CrossingSpring Move-In Near Temple University4BR,2BA$620
The View at Montgomery2BR/2BA - Shared2BR,2BA$799
Vantage2BR/2BA - E3 Sky2BR,2BA$959
The Mill at York StationStudioStudio,1BA$1,095
1201 W Girard AveUNIT TYPE A1BR,1BA$1,125
The Parkside FishtownStudioStudio,1BA$1,150
The Frankford GrandStudioStudio,1BA$1,175
1324 Frankford Ave0 Beds, 1 BathsStudio,1BA$1,192
Beacon FlatsX04Studio,1BA$1,195
The Magnet in FishtownSTUDIO STYLE DStudio,1BA$1,195

Best Value Apartments for Rent in Olde Kensington, PA

As of June 16, 2025 the best value apartment in the Olde Kensington area is the $1.56 price per square foot 603 E Girard Ave Model at 603 E Girard Ave, Unit 3rd floor in the in the Richmond neighborhood starting from $2,575. The second greatest value Olde Kensington apartment is the 421 Fairmount Ave Model at 421 Fairmount Ave, Unit 2 starting at $1,850 with a $1.16 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.
603 E Girard Ave, Unit 3rd floor603 E Girard Ave3BR,2BA$1.56
421 Fairmount Ave, Unit 2421 Fairmount Ave2BR,1BA$1.16
Frankford Lofts3 Bedroom 1 5 Bathroom3BR,2BA$1.65
1201 N Howard St, Unit 31201 N Howard St2BR,1BA$1.13
1625 N 7th St, Unit 31625 N 7th St2BR,2BA$1.43
2153 N Franklin St3 Beds, 3 baths3BR,3BA$1.35
2059 Germantown Ave, Unit 12059 Germantown Ave2BR,2BA$1.54
The Washington2 BEDS, 2 BATHS2BR,2BA$1.60
Temple CrossingSpring Move-In Near Temple University4BR,2BA$0.65
628 N 11th St, Unit 2628 N 11th St2BR,1BA$1.61

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Olde Kensington, Philadelphia, PA

Ranked #3

Among neighborhoods in Philadelphia, PA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Olde Kensington, Philadelphia, PA

School data provided by Great Schools

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.

Getting Around the Olde Kensington Neighborhood in Philadelphia, PA

Walk Score®

95 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

85 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

72 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,195.

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

The cheapest apartment in Olde Kensington is 1201 W Girard Ave which is listed at $1,125, while the average apartment in Olde Kensington costs $2,395.

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 375 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 $999 which is $1,396 cheaper than the average rent for all rentals in Olde Kensington.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.