Cheap Apartments for Rent in the Penn Center Neighborhood of Philadelphia, PA from $600 (290 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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The Chancellor
$1,075 - $1,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,725

Total Monthly Price
$1,075 - $1,725
Studio to 1 Bedroom Apartments Available Now

The Chancellor

206 S 13th StPhiladelphia, PA 19107
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 736 North Terrace

$1,199 - $1,399

Studio To 2 Bedroom Rentals

Available Now

736 North Terrace

PhiladelphiaPA19123

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property at 1321 Spruce St

$1,200 - $1,300

Studio To 1 Bedroom Rentals

Available Now

1321 Spruce St

PhiladelphiaPA19107
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Avenir
$1,271 - $3,407
Total Monthly Price

Total Monthly Price

Base Rent
$1,246 - $3,382
Required Monthly Fees
$25

Total Monthly Price
$1,271 - $3,407
Studio to 1 Bedroom Apartments Available Now

Avenir

1515 Chestnut StPhiladelphia, PA 19102
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1201 Vine St

$1,295 - $1,995

Studio To 2 Bedroom Rentals

Available Now

1201 Vine St

PhiladelphiaPA19107
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1500 Pine
Rent Specials
$1,299 - $6,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,289 - $5,990
Required Monthly Fees
$10

Total Monthly Price
$1,299 - $6,000
Studio to 3 Bedroom Apartments Available Apr 1

1500 Pine

1500 Pine StPhiladelphia, PA 19102
Student Housing
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  • Smoke Free

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property at 2101 Chestnut St

$1,250 - $1,850

Studio To 1 Bedroom Rentals

Available Now

2101 Chestnut St

PhiladelphiaPA19103
property at 201 S 13th St

$1,305 - $1,795

Studio To 2 Bedroom Rentals

Available Now

201 S 13th St

PhiladelphiaPA19107
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Roosevelt Apartments
Rent Specials
$1,345 - $5,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,284 - $5,639
Required Monthly Fees
$61

Total Monthly Price
$1,345 - $5,700
Studio to 5 Bedroom Apartments Available Now

Roosevelt Apartments

2220 Walnut StPhiladelphia, PA 19103
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

Philadelphia's Best Affordable Neighborhoods

Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

property at 1329 Lombard St

$1,350 - $3,225

Studio To 3 Bedroom Rentals

Available Now

1329 Lombard St

PhiladelphiaPA19147

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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 1 Bed unit found at Universal Court 1 priced from $812. 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
Universal Court 11 Bed, 1 bath1BR,1BA$812
The ClaremontStudioStudio,1BA$1,075
The Chancellor03Studio,1BA$1,075
Juniper PlaceStudioStudio,1BA$1,185
One CityResidence - A8Studio,1BA$1,235
The HamiltonS1H2Studio,1BA$1,248
The Bradford0BR/1.0BAStudio,1BA$1,250
Ronan FlatsD1Studio,1BA$1,254
LVL NorthA1Studio,1BA$1,256
1606-1608 Locust StUpper1BR,1BA$1,275

Best Value Apartments for Rent in Penn Center, PA

As of February 18, 2026 the best value apartment in the Penn Center area is the $1.25 price per square foot 706 N 7th St Model at 706 N 7th St, Unit 1 in the in the Poplar neighborhood starting from $2,500. The second greatest value Penn Center apartment is the 420 Gaskill St Model at 420 Gaskill St, Unit 2FR starting at $2,050 with a $1.33 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.
706 N 7th St, Unit 1706 N 7th St3BR,2BA$1.25
420 Gaskill St, Unit 2FR420 Gaskill St2BR,1BA$1.33
The Residences3BR/2.0BA3BR,2BA$1.64
1240 Lecount St, Unit A1240 Lecount St2BR,1BA$1.25
Fitler Commons3042BR,1BA$1.60
508 South St, Unit 300508 South St3BR,1BA$1.65
524 S Randolph St, Unit 2524 S Randolph St2BR,1BA$1.70
514 South Street1BR/1.0BA1BR,1BA$1.73
2131 Walnut St1031BR,1BA$1.83
Universal Court 11 Bed, 1 bath1BR,1BA$1.29

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Pet Friendly Lifestyle
Penn Center, Philadelphia, PA

Ranked #18

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 $1,275.

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

The cheapest apartment in Penn Center is Universal Court 1 which is listed at $812, while the average apartment in Penn Center costs $3,915.

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 307 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 $924 which is $2,991 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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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.

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

Written by: Richard Corrigan

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 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.

decorative image for Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life article

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

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.