
Cheap 2 Bedroom Apartments for Rent in the Penn Center Neighborhood of Philadelphia, PA from $970 (39 Rentals)


1048 South St

413 S 11th St

904 Arch St

Spring Lofts

1829 Kater St

Total Monthly Price
605 N 11th St, Unit 2F, Unit 2F

625 South St

Total Monthly Price
2333 Catharine St, Unit 2, Unit 2
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.

639 N 12th St

Total Monthly Price
136 N 10th St, Unit 3, Unit 3

609 N 11th St

1530 Chestnut

1109 S 23rd St

Total Monthly Price
1109 S 23rd St, Unit 1st floor, Unit 1st floor

Total Monthly Price
1424 Catharine St, Unit A, Unit A

1038 S Bouvier St

2331 Montrose St
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Spruce Court Apartments

Martin Luther King I & III

Guild House West 62+ Senior Apartments

1231-1235 Race St

1027 Ridge Avenue

717 Pine St

1711 Spring Garden St

Liberties West Condos

Wood Suites
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.

1909 Green Street

The Burlington House Apartments

The Lofts at the Winston

1016-1018 Cherry St

Walnut Square Apartments

1703 Green St

1222 Arch Street

262 S 11th St

1031 Spring St
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.

Spring Garden Apartments

1300 Chestnut Street

1232 Ridge Ave
Penn Center, Philadelphia, PA Local Guide

How much does it cost to rent an apartment in Penn Center?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Center Studio Apartments | $1,859 | $647 | $8,176 |
| Penn Center 1 Bedroom Apartments | $2,369 | $812 | $7,410 |
Penn Center 2 Bedroom Apartments | $3,186 | $970 | $10,000+ |
| Penn Center 3 Bedroom Apartments | $3,513 | $1,300 | $10,000+ |
| Penn Center 4 Bedroom Apartments | $2,238 | $1,160 | $10,000+ |
Explore Philadelphia
Penn Center, Philadelphia, PA Local Guide
- Nearby Philadelphia neighborhoods
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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.
Read ArticleUnlock 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 ArticleDon'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 ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestylePenn Center, Philadelphia, PA
Ranked #14
Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Penn Center Apartments
What is a cheap apartment in Penn Center?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn Center is under $1,311.
What is the price of a cheap apartment in Penn Center?
The cheapest apartment in Penn Center is Spring Lofts which is listed at $1,650, while the average apartment in Penn Center costs $3,575.
What types of apartments are the cheapest in Penn Center?
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 228 regular apartments in Penn Center 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 Penn Center?
Cheap apartments in Penn Center have an average cost of $810 which is $2,765 cheaper than the average rent for all rentals in Penn Center.
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

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.

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.

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.

Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life
Written by: Richard Corrigan
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.