Cheap Apartments for Rent in the Olde Kensington Neighborhood of Philadelphia, PA from $500 (175 Rentals)

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

property at 2538 Amber St

$795 - $1,325

Studio To 2 Bedroom Rentals

Available Now

2538 Amber St

PhiladelphiaPA19125
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The View at Montgomery
Rent Specials
$799 - $2,099
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $2,099
Total Monthly Price
$799 - $2,099
Studio to 4 Bedroom Apartments Available Aug 20

The View at Montgomery

1100 W Montgomery AvePhiladelphia, PA 19122
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 2200 N 11th St

$900

1 To 4 Bedroom Rentals

Available Now

2200 N 11th St

PhiladelphiaPA19133

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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property at 1935 E Hazzard St

$1,050 - $1,250

Studio To 1 Bedroom Rentals

Available Now

1935 E Hazzard St

PhiladelphiaPA19125

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.

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property at 2025 N 4th St

$850 - $1,175

1 Bedroom Rentals

Available Now

2025 N 4th St

PhiladelphiaPA19122

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.

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Hagert and York
Rent Specials
$1,230 - $3,355
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $3,355
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Hagert and York

1999 E Boston StPhiladelphia, PA 19125
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1250 North St

$1,295 - $1,495

1 Bedroom Rentals

Available Now

1250 North 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 454 E Girard Ave

$1,300 - $1,525

Studio To 1 Bedroom Rentals

Available Aug 1

454 E Girard Ave

PhiladelphiaPA19125

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.

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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 $740. Marshall Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Olde Kensington apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Temple CrossingOne Month Free (1 Bed w/ Office & Storage)4BR,2BA$740
Marshall Square ApartmentsVillage1BR,1BA$1,000
Umbrella BuildingStudioStudio,1BA$1,155
Avenue VStudioStudio,1BA$1,170
The Mill at York StationStudioStudio,1BA$1,195
The Avenue in FishtownStudio 1 Bath - AStudio,1BA$1,199
Five On Canal ApartmentsS-AStudio,1BA$1,199

Best Value Apartments for Rent in Olde Kensington, PA

As of June 19, 2026 the best value apartment in the Olde Kensington area is the $1.21 price per square foot 4 Bedroom Model at 2155 N Darien St in the in the Hartranft neighborhood starting from $2,800. The second greatest value Olde Kensington apartment is the 954 N 8th St Model at 954 N 8th St, Unit 1st floor starting at $1,750 with a $1.00 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.
2155 N Darien St4 Bedroom4BR,3BA$1.21
954 N 8th St, Unit 1st floor954 N 8th StStudio ,1BA$1.00
404 W Berks St, Unit 1404 W Berks St3BR,3BA$1.38
Sky Park Apartments#12BR,2.5BA$1.59
Frankford Lofts1 Bedroom 2 Bath Den1BR,2BA$1.49
1439 N Franklin St2 Bedroom2BR,1.5BA$1.46
614 N Front St1 Bed/1 Bath1BR,1BA$1.64
1121 Mt Vernon St1121 Mt Vernon St1BR,1BA$1.41
Temple CrossingOne Month Free (2x1)2BR,1BA$1.11
Marshall Square ApartmentsVillage1BR,1BA$1.38

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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Pet Friendly Lifestyle
Olde Kensington, Philadelphia, PA

Ranked #16

Among cities in Pennsylvania 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.

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 $1,199.

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 $3,597.

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 243 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 $574 which is $3,023 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

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A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia

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There’s always been more to Philadelphia than meets the eye. When I first came here, I saw it as a tough, gritty town.

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Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers

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Philadelphia is a city of neighborhoods. Those who live here take great pride in our specific corners of the city.

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Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life

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Philadelphia isn’t necessarily thought of as a college town, but it’s home to some of Pennsylvania’s biggest colleges and universities, and thousands of students call the city home.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.