Cheap Apartments for Rent in the Penn Center Neighborhood of Philadelphia, PA from $600 (267 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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1629 South St
$1,100 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,200
Total Monthly Price
$1,100 - $1,200
Studio to 1 Bedroom Apartment Available Now

1629 South St

1629 South StPhiladelphia, PA 19146
Affordability
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property at 1218 Walnut St

$1,240 - $1,740

Studio To 1 Bedroom Rentals

Available Now

1218 Walnut St

PhiladelphiaPA19107

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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 1606-1608 Locust St priced from $865. Guild House West 62+ Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $924. Here are the most affordable Penn Center apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
1606-1608 Locust StEfficiencyStudio,1BA$865
Guild House West 62+ Senior ApartmentsSenior 62+ AptsStudio,1BA$924
The Lenox Condos0 Beds, 1 BathsStudio,1BA$1,175
Roosevelt ApartmentsStudio | ClassicStudio,1BA$1,295
The DrakeSTUDIOStudio,1BA$1,300
1131 Spruce St0BR/1.0BAStudio,1BA$1,350

Best Value Apartments for Rent in Penn Center, PA

As of August 19, 2026 the best value apartment in the Penn Center area is the $1.80 price per square foot 602 Model at The Chatham in the in the Belmont neighborhood starting from $2,250. The second greatest value Penn Center apartment is the 3 Bed 2.5 Bath Model at Universal Court 1 starting at $1,387 with a $1.25 price per square foot in the Center City 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.
The Chatham6022BR,1BA$1.80
Universal Court 13 Bed 2.5 Bath3BR,2.5BA$1.25
639 N 12th St639 N 12th St2BR,1.5BA$1.45
2001 Green St, Unit 2F2001 Green St2BR,1BA$2.11
Waverly Court / Keppoch House1BR/1.0BA1BR,1BA$2.00
1430 South Street1BR/1.0BA1BR,1BA$1.96
205 N 11th St, Unit 2FL205 N 11th StStudio ,1BA$1.93
Lofts 640Studio JStudio ,1BA$2.22
1234 Lecount St, Unit B1234 Lecount St1BR,1BA$1.99
1244 Lecount St, Unit B1244 Lecount St1BR,1BA$2.15

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Pet Friendly Lifestyle
Penn Center, Philadelphia, PA

Ranked #8

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 $1,350.

What is the price of a cheap apartment in Penn Center?

The cheapest apartment in Penn Center is The Howell which is listed at $1,367, while the average apartment in Penn Center costs $2,178.

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 205 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 $795 which is $1,383 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

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