
Cheap Apartments for Rent in the Penn Center Neighborhood of Philadelphia, PA from $600 (319 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Center area of Philadelphia.


Universal Court 1

1606-1608 Locust St

Total Monthly Price
905 Arch St

732 North Terrace

Total Monthly Price
The Chancellor

The Claremont

Juniper Place

1933 Spring Garden St

1308 Pine St
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1519 Green St

709 Wallace St

752 S 9th St

201 S 13th St

1229 Chestnut St

624 N 16th St

Spring Lofts

2201 Pennsylvania Ave

1735 Bainbridge St

2528 Christian St
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918 Pine St

2100 Walnut St

2004 Chestnut St

2235 Washington Ave

639 N 12th St

313 S 18th St

Total Monthly Price
Roosevelt Apartments

1316 Pine St

The Drake

2220 Walnut St
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734 S 9th St

Broadridge

1512 Spruce St

1622 Bainbridge St, Unit 3F

704 Fairmount Ave

Total Monthly Price
1500 Pine

The Cosmopolitan

Total Monthly Price
1909 Chestnut St, Unit 3

1010 Race St

1245 Ridge Ave
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Total Monthly Price
Avenir

Total Monthly Price
916 S 11th St, Unit 2R

Total Monthly Price
325 S Camac St, Unit 1R

425 S 15th St

2220 Spruce St

514 South Street

2101 Chestnut St

131 S 13th St

Total Monthly Price
The Astir Callowhill

The Bradford
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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 | $1,837 | $647 | $5,622 |
| Penn Center 1 Bedroom Apartments | $2,331 | $812 | $7,715 |
| Penn Center 2 Bedroom Apartments | $3,294 | $970 | $10,000+ |
| Penn Center 3 Bedroom Apartments | $3,676 | $1,300 | $10,000+ |
| Penn Center 4 Bedroom Apartments | $2,292 | $1,160 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 319 rentals with your search options within a 1 mile radius of the Penn Center Neighborhood of Philadelphia, PA.
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Penn Center, Philadelphia, PA Local Guide
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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. Juniper Place 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1606-1608 Locust St | Efficiency | Studio,1BA | $865 |
| Juniper Place | Studio | Studio,1BA | $1,075 |
| The Claremont | Studio | Studio,1BA | $1,075 |
| 1705 Spruce Street | 0/1 | Studio,1BA | $1,111 |
| The Newport | Studio | Studio,1BA | $1,205 |
| Roosevelt Apartments | Studio | Classic | Studio,1BA | $1,250 |
| Ronan Flats | D1 | Studio,1BA | $1,254 |
| Spring Lofts | 1SL7 | 1BR,1BA | $1,260 |
| The Drake | STUDIO | Studio,1BA | $1,275 |
Best Value Apartments for Rent in Penn Center, PA
As of April 04, 2026 the best value apartment in the Penn Center area is the $1.73 price per square foot 2212 Fairmount Ave Model at 2212 Fairmount Ave, Unit 1 in the in the Belmont neighborhood starting from $3,200. The second greatest value Penn Center apartment is the 2013 Walnut St Model at 2013 Walnut St, Unit #4 starting at $2,150 with a $1.19 price per square foot in the Belmont neighborhood. Here is today’s list of the best values for Penn Center apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2212 Fairmount Ave, Unit 1 | 2212 Fairmount Ave | 3BR,2BA | $1.73 |
| 2013 Walnut St, Unit #4 | 2013 Walnut St | 2BR,1.5BA | $1.19 |
| The Residences | 3BR/2.0BA | 3BR,2BA | $1.63 |
| 2315 South St, Unit Apt. 2 | 2315 South St | 3BR,1.5BA | $1.83 |
| 1530 Chestnut | 2 Bed 1 Bath | 2BR,1BA | $1.62 |
| 2333 Catharine St | 2333 Catharine St | 2BR,1BA | $1.80 |
| 1109 S 23rd St, Unit 1st floor | 1109 S 23rd St | 2BR,1BA | $1.75 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1.73 |
| 2131 Walnut St | 103 | 1BR,1BA | $1.83 |
| Spring Lofts | 1SL7 | 1BR,1BA | $1.94 |
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How much rent can you afford?
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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
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 Spring Lofts which is listed at $1,260, while the average apartment in Penn Center costs $3,800.
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 397 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 $769 which is $3,031 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.

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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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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.

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Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.