Cheap Apartments for Rent in the Penn Center Neighborhood of Philadelphia, PA from $600 (283 Rentals)

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

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905 Arch St
$950 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $2,450
Total Monthly Price
$950 - $2,450
Studio to 4 Bedroom Apartment Available Now

905 Arch St

905 Arch StPhiladelphia, PA 19107
Affordability
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property at 2101 Chestnut St

$1,200 - $2,350

Studio To 2 Bedroom Rentals

Available Now

2101 Chestnut St

PhiladelphiaPA19103

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property at 131 S 13th St

$1,350 - $1,575

Studio To 1 Bedroom Rentals

Available Now

131 S 13th St

PhiladelphiaPA19107
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2006 Walnut St
$1,360 - $2,015
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $2,015
Total Monthly Price
$1,360 - $2,015
Studio to 1 Bedroom Apartment Available Jun 7

2006 Walnut St

2006 Walnut StPhiladelphia, PA 19103
Affordability

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Penn Center, Philadelphia, PA Local Guide

Cheapest Available Penn Center Apartments for Rent

 

The cheapest available apartment rental in the Penn Center area of Philadelphia, PA is a Studio unit found at Juniper Place priced from $1,075. The Claremont has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable Penn Center apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Juniper PlaceStudioStudio,1BA$1,075
The ClaremontStudioStudio,1BA$1,075
The NewportStudioStudio,1BA$1,100
The DrakeSTUDIOStudio,1BA$1,250
Spring Lofts1SL71BR,1BA$1,290
Roosevelt ApartmentsStudio | ClassicStudio,1BA$1,295
1500 PineStudioStudio,1BA$1,299
The HamiltonS1H2Studio,1BA$1,311

Best Value Apartments for Rent in Penn Center, PA

As of May 21, 2026 the best value apartment in the Penn Center area is the $1.35 price per square foot 1248 Lecount St Model at 1248 Lecount St, Unit A in the in the Poplar neighborhood starting from $1,895. The second greatest value Penn Center apartment is the 205 N 11th St Model at 205 N 11th St, Unit 4F starting at $1,950 with a $1.50 price per square foot in the Poplar neighborhood. Here is today’s list of the best values for Penn Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1248 Lecount St, Unit A1248 Lecount St2BR,1BA$1.35
205 N 11th St, Unit 4F205 N 11th St1BR,2BA$1.50
Universal Court 13 Bed 2.5 Bath3BR,2.5BA$1.25
2333 Catharine St, Unit 22333 Catharine St2BR,1BA$1.60
1109 S 23rd St, Unit 1st floor1109 S 23rd St2BR,1BA$1.75
600 N Broad St600 N Broad St1BR,1BA$1.92
514 South Street1BR/1.0BA1BR,1BA$1.73
1430 South Street1BR/1.0BA1BR,1BA$1.96
916 S 11th St, Unit 2R916 S 11th St1BR,1BA$1.89
Spring Lofts1SL71BR,1BA$1.99

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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
Penn Center, Philadelphia, PA

Ranked #14

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Pennsylvania including Penn Center, Philadelphia, and the greater Philadelphia area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, places that make kids happy, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

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 $1,290, 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.

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